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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.016%
Price spread now: Entropy against OKX+0.011%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP189.580get 0.0000% / 8h3h 40m$4.1M$3.3M50x
ShortEntropy io:EWY189.600.0050get 0.0006% / 1h40m 27s$30K$64K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against OKX. 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
$10.5
Price spread: +0.011% → 0.000%
$1.05
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$16.45
Costs to cover
0.280%
Break-even
18.0 days
Slippage unknown: OKX: live order book, 2 min ago; Entropy: 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 OKX live order book, 2 min ago0.26 bp6.7 bp −$711.4 bp −$114doesn't fitdoesn't fit
Sell Entropy no order-book sample
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
Aster EWYUSDT0.0000%8h189.64+0.032%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.56−0.011%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAPlong0.0000%8h189.58long leg$4.1M$3.3M50x
Gate EWY_USDT0.0000%8h189.57−0.005%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.580.000%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.64+0.033%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68+0.054%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.580.000%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.264%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.65+0.037%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EWY-USDT+0.0011%8h189.65+0.037%$47K$213K50xas long as short
Extended EWY_24_5-USD+0.0024%1h189.54−0.019%$301K$667K10xas long as short
Binance EWYUSDT+0.0026%8h189.52−0.033%$27.6M$76.6M50xas long as short
MEXC EWY_USDT+0.0027%8h189.57−0.005%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.49−0.047%$384K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.61+0.016%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.51−0.037%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.132%$530K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.43−0.079%$6.1M$14.4M20xas long as short
Entropy io:EWYshort+0.0050%1h189.60+0.011%$30K$64K25x
Polymarket Perps EWY-USD+0.0050%1h189.32−0.137%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.64+0.032%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.44−0.074%$209K$283K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.59+0.005%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.57−0.005%$976K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.85+0.142%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.60+0.011%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0119%1h189.59+0.005%$2K$13K20xas long as short
edgeX EWYUSDC+0.0380%4h189.74+0.087%$426K$283K20xas long as short
Hotstuff EWY-PERP+0.0440%1h189.51−0.037%$28K$12K20xas long as short