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+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Entropy against Popdex0.000%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT189.640.0048pay 0.0006% / 1h41m 00s$197K$147K20x
ShortEntropy io:EWY189.640.0050get 0.0006% / 1h41m 00s$30K$64K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Popdex. 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
$0.42
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$23.98
Costs to cover
0.244%
Break-even
406.7 days
Slippage unknown: Popdex: live order book, 13 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 Popdex live order book, 13 min ago0.79 bp6.5 bp −$711.0 bp −$110doesn'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%8h189.65+0.003%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.68+0.021%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.61−0.016%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h189.67+0.016%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.65+0.005%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.64+0.001%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68+0.023%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.58−0.032%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.232%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.65+0.005%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EWY-USDT+0.0011%8h189.65+0.005%$47K$213K50xas long as short
Extended EWY_24_5-USD+0.0024%1h189.59−0.029%$301K$667K10xas long as short
Binance EWYUSDT+0.0028%8h189.62−0.010%$27.7M$76.6M50xas long as short
MEXC EWY_USDT+0.0028%8h189.65+0.005%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.49−0.079%$384K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.71+0.037%$220K25xas long as short
Popdex EWYUSDTlong+0.0048%1h189.64long leg$197K$147K20x
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.100%$530K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.52−0.063%$6.1M$14.4M20xas long as short
Entropy io:EWYshort+0.0050%1h189.640.000%$30K$64K25x
Polymarket Perps EWY-USD+0.0050%1h189.46−0.095%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.640.000%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.70+0.032%$209K$278K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.69+0.025%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.58−0.032%$976K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.85+0.111%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.60−0.021%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0119%1h189.59−0.026%$2K$13K20xas long as short
edgeX EWYUSDC+0.0380%4h189.74+0.055%$426K$283K20xas long as short
Hotstuff EWY-PERP+0.0392%1h189.61−0.016%$28K$12K20xas long as short