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+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Orderly against Polymarket Perps+0.075%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 5 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 +$2 a day on $10k at the current rate, and Orderly is 0.075% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps EWY-USD186.850.0050pay 0.0006% / 1h34m 23s$4K$14120x
ShortOrderly PERP_EWY_USDC_mythos186.990.0100get 0.0100% / 8h34m 23s$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Polymarket Perps. 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: +0.075% → 0.000%
$7.49
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.99
Costs to cover
0.140%
Break-even
4.3 days
Slippage unknown: Polymarket Perps: no order-book sample; Orderly: 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 Polymarket Perps no order-book sample
Sell Orderly no order-book sample
Polymarket Perps and Orderly: 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
Bitget EWYUSDT−0.0434%8h187.10+0.134%$2.8M$2.5M20xas long as short
Hotstuff EWY-PERP−0.0120%1h186.850.000%$28K$12K20xas long as short
BloFin EWY-USDT−0.0002%8h187.04+0.102%$48K$217K50xas long as short
Vest EWY-USD-PERP0.0000%1h186.61−0.128%$220K25xas long as short
Aster EWYUSDT0.0000%8h187.03+0.097%$290K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.97+0.063%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h187.04+0.099%$27.2M$82.9M50xas long as short
Bybit EWYUSDT0.0000%8h187.04+0.102%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.93+0.043%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h187.07+0.118%$4.0M$4.3M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h187.02+0.091%$8.5M$4.4M100xas long as short
Variational Omni EWY0.0000%8h187.02+0.090%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.15+0.161%$740K$416K10xas long as short
SunX EWY-USDT0.0000%8h186.91+0.032%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.17+0.171%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.07+0.118%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h186.78−0.037%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.04+0.102%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.88+0.016%$6.2M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h186.89+0.021%$142K$119K25xas long as short
Polymarket Perps EWY-USDlong+0.0050%1h186.85long leg$4K$14120x
SoDEX EWY-USD+0.0050%1h187.01+0.086%$750$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.87+0.011%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.850.000%$519K$245K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.99+0.073%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.88+0.016%$962K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.08+0.123%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h186.99+0.075%$2K$1K20x
Deribit EWY_USDC-PERPETUAL+0.0339%1h186.91+0.032%$2K$14K20xas long as short
edgeX EWYUSDC+0.0524%4h187.06+0.113%$419K$285K20xas long as short