Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h +0.005%
Price spread now: Bitget against Entropy+0.042%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.042% dearer against Entropy than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY189.690.0050pay 0.0006% / 1h16m 18s$51K$57K25x
ShortBitget EWYUSDT189.770.0109get 0.0109% / 8h6h 16m$2.8M$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Entropy. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$12.39
Price spread: +0.042% → 0.000%
$4.22
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$13.39
Costs to cover
0.300%
Break-even
14.6 days
Slippage unknown: Entropy: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Entropy no order-book sample
Sell Bitget live order book, 1 min ago1.32 bp9.8 bp −$1013.9 bp −$13932.7 bp −$3,27365.5 bp −$32.7K
Entropy: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EWY on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EWYUSDT0.0000%8h189.82+0.069%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.77+0.042%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.59−0.051%$749K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.75+0.032%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.74+0.026%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h189.78+0.047%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.74+0.026%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.66−0.016%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.89+0.105%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.73+0.021%$197K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.069%$529K$330K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.72+0.016%$6.2M$14.0M20xas long as short
Entropy io:EWYlong+0.0050%1h189.69long leg$51K$57K25x
Polymarket Perps EWY-USD+0.0050%1h189.60−0.047%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.72+0.016%$709$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.57−0.063%$198K$270K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h189.83+0.071%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.690.000%$977K$631K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.61−0.042%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.81+0.063%$2K$1K20xas long as short
Bitget EWYUSDTshort+0.0109%8h189.77+0.042%$2.8M$1.9M20x
Hotstuff EWY-PERP+0.0128%1h189.75+0.032%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0181%8h189.78+0.047%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0332%8h189.84+0.080%$294K$12K20xas long as short
Variational Omni EWY+0.0415%8h189.79+0.053%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0424%1h189.78+0.047%$302K$665K10xas long as short
Binance EWYUSDT+0.0426%8h189.79+0.055%$28.3M$77.5M50xas long as short
MEXC EWY_USDT+0.0428%8h189.76+0.037%$7.0M$4.2M100xas long as short
edgeX EWYUSDC+0.0859%4h189.61−0.041%$425K$283K20xas long as short