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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0270%/8h= +29.6% APRnext payment +$0.34 per $10,000 · paid last 24h −0.521%
Price spread now: Hotstuff against SoDEX−0.063%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
Funding pays, the price is against you. Hotstuff is 0.063% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX EWY-USD189.500.0050pay 0.0006% / 1h13m 07s$771$3K10x
ShortHotstuff EWY-PERP189.380.0320get 0.0040% / 1h13m 07s$28K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against SoDEX. 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
$56.7
Price spread: −0.063% → 0.000%
−$6.33
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$37.37
Costs to cover
0.130%
Break-even
2.4 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Hotstuff no order-book sample
SoDEX and 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
Gate EWY_USDT0.0000%8h189.60+0.053%$3.6M$3.1M50xas long as short
SunX EWY-USDT0.0000%8h189.25−0.132%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.58+0.042%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.36−0.074%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.63+0.069%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.52+0.011%$194K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.55+0.026%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.36−0.074%$4K$8120xas long as short
SoDEX EWY-USDlong+0.0050%1h189.50long leg$771$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.33−0.090%$243K$200K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.52+0.011%$965K$687K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.79+0.153%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.51+0.005%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0134%8h189.60+0.051%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.41−0.047%$527K$340K20xas long as short
tradeXYZ xyz:EWY+0.0146%1h189.500.000%$6.6M$14.8M20xas long as short
Bybit EWYUSDT+0.0173%8h189.58+0.042%$5.2M$4.1M100xas long as short
Bitget EWYUSDT+0.0224%8h189.60+0.053%$2.6M$1.5M20xas long as short
HTX EWY-USDT+0.0224%8h189.99+0.259%$36K$8K20xas long as short
Hotstuff EWY-PERPshort+0.0320%1h189.38−0.063%$28K$12K20x
OKX EWY-USDT-SWAP+0.0328%8h189.61+0.058%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0567%8h189.44−0.030%$294K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0595%1h189.53+0.016%$2K$13K20xas long as short
Variational Omni EWY+0.0661%8h189.82+0.168%$1.5M$972Kas long as short
GRVT EWY_USDT_Perp+0.0661%8h189.90+0.213%$751K$395K10xas long as short
BloFin EWY-USDT+0.0668%8h189.49−0.005%$47K$213K50xas long as short
MEXC EWY_USDT+0.0694%8h189.53+0.016%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0695%8h189.55+0.024%$28.5M$78.9M50xas long as short
Extended EWY_24_5-USD+0.0696%1h189.47−0.014%$298K$396K10xas long as short
edgeX EWYUSDC+0.0775%4h189.81+0.161%$425K$276K20xas long as short