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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0900%/8h= +98.6% APRpaid last 24h +0.174%
Price spread now: edgeX against Entropy+0.017%48s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$27 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY190.210.0050pay 0.0006% / 1h48m 32s$52K$57K25x
ShortedgeX EWYUSDC190.240.0950get 0.0475% / 4h1h 48m$426K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$189.05
Price spread: +0.017% → 0.000%
$1.7
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$163.76
Costs to cover
0.270%
Break-even
0.9 days
Slippage unknown: Entropy: no order-book sample; edgeX: live order book, 15 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 edgeX live order book, 15 min ago5.26 bp10.1 bp −$1014.1 bp −$141doesn't fitdoesn'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 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%8h190.22+0.005%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.16−0.026%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.45+0.128%$753K$388K10xas long as short
SunX EWY-USDT0.0000%8h190.26+0.026%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.23+0.011%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.342%$529K$317K20xas long as short
HTX EWY-USDT0.0000%8h190.47+0.137%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.24+0.016%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.210.000%$386K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.36+0.079%$220K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.18−0.016%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.11−0.053%$6.1M$14.0M20xas long as short
Entropy io:EWYlong+0.0050%1h190.21long leg$52K$57K25x
Polymarket Perps EWY-USD+0.0050%1h190.00−0.110%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.27+0.032%$745$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.31+0.053%$198K$275K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h190.18−0.014%$235xas long as short
Bitget EWYUSDT+0.0092%8h190.15−0.032%$2.7M$1.9M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.22+0.005%$980K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.29+0.042%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.31+0.053%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0134%8h190.12−0.047%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0262%8h190.32+0.056%$295K$12K20xas long as short
Variational Omni EWY+0.0325%8h190.41+0.104%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0344%1h190.13−0.042%$302K$665K10xas long as short
Binance EWYUSDT+0.0345%8h190.17−0.019%$28.3M$77.0M50xas long as short
MEXC EWY_USDT+0.0346%8h190.13−0.042%$6.4M$4.2M100xas long as short
Hotstuff EWY-PERP+0.0368%1h190.11−0.053%$28K$12K20xas long as short
edgeX EWYUSDCshort+0.0950%4h190.24+0.017%$426K$283K20x