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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0539%/8h= +59.0% APRpaid last 24h +0.047%
Price spread now: BloFin against Entropy+0.052%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 +$16 a day on $10k at the current rate, and BloFin is 0.052% dearer against Entropy than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY190.530.0050pay 0.0006% / 1h22m 14s$52K$57K25x
ShortBloFin EWY-USDT190.630.0589get 0.0589% / 8h7h 22m$47K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$113.24
Price spread: +0.052% → 0.000%
$5.25
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
$88.49
Costs to cover
0.300%
Break-even
1.5 days
Slippage unknown: Entropy: no order-book sample; BloFin: live order book, 43 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 BloFin live order book, 43 min ago2.37 bp8.4 bp −$88.7 bp −$8716.7 bp −$1,671doesn't fit
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 30 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%8h191.02+0.257%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h191.03+0.262%$4.1M$3.4M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.76+0.122%$755K$375K10xas long as short
SunX EWY-USDT0.0000%8h190.77+0.126%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h190.80+0.142%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h191.06+0.278%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.82+0.152%$387K$63K20xas long as short
Vest EWY-USD-PERP+0.0046%1h191.05+0.273%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.84+0.163%$196K$143K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.90+0.194%$6.3M$14.7M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWYlong+0.0050%1h190.53long leg$52K$57K25x
Polymarket Perps EWY-USD+0.0050%1h190.77+0.126%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.82+0.152%$456$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.64+0.058%$230K$233K10xas long as short
Paradex EWY-USD-PERP+0.0080%8h190.81+0.148%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.63+0.052%$982K$664K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.62+0.047%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h191.06+0.278%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0117%1h191.03+0.262%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h190.67+0.073%$532K$340K20xas long as short
OKX EWY-USDT-SWAP+0.0291%8h191.09+0.294%$4.2M$3.5M50xas long as short
Hotstuff EWY-PERP+0.0360%1h190.72+0.100%$29K$12K20xas long as short
Bitget EWYUSDT+0.0386%8h190.96+0.226%$2.8M$1.6M20xas long as short
Aster EWYUSDT+0.0499%8h190.96+0.226%$296K$12K20xas long as short
BloFin EWY-USDTshort+0.0589%8h190.63+0.052%$47K$214K50x
Variational Omni EWY+0.0592%8h190.74+0.112%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0616%1h190.98+0.234%$304K$717K10xas long as short
Binance EWYUSDT+0.0617%8h191.03+0.263%$28.7M$78.2M50xas long as short
edgeX EWYUSDC+0.0618%4h190.69+0.086%$427K$282K20xas long as short
MEXC EWY_USDT+0.0618%8h190.94+0.215%$7.4M$4.5M100xas long as short