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−0.0313%/8h= −34.3% APRpaid last 24h −0.591%
Price spread now: Hotstuff against MEXC−0.037%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Hotstuff is 0.037% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT189.690.0505pay 0.0505% / 8h6h 35m$7.0M$4.2M100x
ShortHotstuff EWY-PERP189.620.0192get 0.0024% / 1h35m 44s$28K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against MEXC. 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
−$65.73
Price spread: −0.037% → 0.000%
−$3.69
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$74.42
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; Hotstuff: no order-book sample. 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 MEXC live order book, 2 min ago0.26 bp0.3 bp $00.3 bp −$32.6 bp −$26498.6 bp −$49.3K
Sell Hotstuff no order-book sample
Hotstuff: 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
Deribit EWY_USDC-PERPETUAL−0.0014%1h189.65−0.021%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h189.71+0.011%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.68−0.005%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.60−0.049%$749K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.76+0.037%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.65−0.021%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.71+0.011%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.54−0.079%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.80+0.058%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.65−0.021%$197K$146K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h190.28+0.311%$531K$336K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.65−0.021%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.67−0.011%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.52−0.090%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.61−0.042%$631$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.48−0.111%$212K$250K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h189.59−0.053%$235xas long as short
edgeX EWYUSDC+0.0083%4h189.50−0.099%$425K$282K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.61−0.042%$976K$634K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.57−0.063%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.71+0.011%$2K$1K20xas long as short
Hotstuff EWY-PERPshort+0.0192%1h189.62−0.037%$28K$12K20x
OKX EWY-USDT-SWAP+0.0210%8h189.70+0.005%$4.1M$3.5M50xas long as short
Bitget EWYUSDT+0.0255%8h189.70+0.005%$2.8M$1.9M20xas long as short
Aster EWYUSDT+0.0394%8h189.75+0.033%$294K$12K20xas long as short
Variational Omni EWY+0.0472%8h189.67−0.013%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0496%8h189.68−0.008%$28.3M$77.5M50xas long as short
Extended EWY_24_5-USD+0.0504%1h189.64−0.025%$302K$670K10xas long as short
MEXC EWY_USDTlong+0.0505%8h189.69long leg$7.0M$4.2M100x
BloFin EWY-USDT+0.0565%8h190.43+0.390%$2K$214K50xas long as short