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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.037%
Price spread now: Variational Omni against KuCoin+0.081%7-day average +0.045% · 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)−0.024%−$2 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.081%, 7d avg +0.045%
Together, before fees−0.066%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.036% dearer against KuCoin than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of +0.045%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 4 days (−0.024% in total) that is about 5.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM188.700.0100pay 0.0100% / 8h3h 04m$973K$613K20x
ShortVariational Omni EWY188.850get 0.0000% / 8h3h 04m$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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
−$21
Price spread: +0.081% → +0.045%
$3.58
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$29.42
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 39 min ago; Variational Omni: RFQ quote, 4 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 KuCoin live order book, 39 min ago7.91 bp169.2 bp −$169doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.23 bpdoesn't fit6.0 bp −$60doesn't fitdoesn't fit

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
Deribit EWY_USDC-PERPETUAL−0.0068%1h188.69−0.005%$2K$14K20xas long as short
BloFin EWY-USDT−0.0003%8h188.87+0.090%$48K$215K50xas long as short
Aster EWYUSDT0.0000%8h188.98+0.149%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.84+0.075%$300K$422K10xas long as short
Binance EWYUSDT0.0000%8h188.94+0.128%$27.6M$77.7M50xas long as short
Bybit EWYUSDT0.0000%8h188.92+0.117%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.91+0.111%$4.2M$4.0M50xas long as short
Gate EWY_USDT0.0000%8h188.89+0.101%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h188.91+0.111%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h188.89+0.101%$2.7M$2.2M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWYshort0.0000%8h188.85+0.081%$1.2M$1.1M
GRVT EWY_USDT_Perp0.0000%8h188.700.000%$746K$406K10xas long as short
SunX EWY-USDT0.0000%8h188.79+0.048%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.91+0.111%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.83+0.069%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.71+0.005%$383K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.73+0.016%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.81+0.058%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.40−0.159%$524K$290K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.79+0.048%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.73+0.016%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.64−0.032%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.77+0.037%$732$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.63−0.037%$202K$304K10xas long as short
Paradex EWY-USD-PERP+0.0051%8h188.83+0.068%$235xas long as short
KuCoin EWYUSDTMlong+0.0100%8h188.70long leg$973K$613K20x
ApeX Omni EWYUSDT+0.0100%1h188.81+0.058%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.78+0.042%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0624%1h188.76+0.032%$28K$12K20xas long as short
edgeX EWYUSDC+0.0734%4h188.57−0.071%$423K$284K20xas long as short