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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.052%
Price spread now: Variational Omni against tradeXYZ+0.043%7-day average +0.075% · 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 3 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.043%, 7d avg +0.075%
Together, before fees+0.022%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.032% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.075%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.019% in total) that is about 6.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EWY190.520.0050pay 0.0006% / 1h33m 07s$6.2M$13.9M20x
ShortVariational Omni EWY190.600.0111get 0.0111% / 8h4h 33m$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against tradeXYZ. 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
$12.81
Price spread: +0.043% → +0.075%
−$3.23
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$8.42
Costs to cover
0.180%
Break-even
11.6 days
Slippage unknown: tradeXYZ: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min ago. 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 tradeXYZ live order book, 6 min ago0.52 bp10.4 bp −$1014.3 bp −$143doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago2.23 bpdoesn't fit4.2 bp −$42doesn't fitdoesn't fit

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
Bybit EWYUSDT0.0000%8h190.69+0.089%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.63+0.058%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.64+0.064%$753K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.55+0.016%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.105%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.62+0.052%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.50−0.010%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.57+0.026%$531K$304K20xas long as short
Bitget EWYUSDT+0.0045%8h190.60+0.042%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.80+0.147%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.67+0.079%$198K$146K20xas long as short
tradeXYZ xyz:EWYlong+0.0050%1h190.52long leg$6.2M$13.9M20x
Entropy io:EWY+0.0050%1h190.47−0.026%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.47−0.026%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.63+0.058%$755$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.58+0.031%$201K$268K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.66+0.075%$235xas long as short
OKX EWY-USDT-SWAP+0.0055%8h190.68+0.084%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0072%8h190.61+0.046%$296K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.53+0.005%$982K$622K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.51−0.005%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.66+0.073%$2K$1K20xas long as short
Variational Omni EWYshort+0.0111%8h190.60+0.043%$1.2M$1.1M
Hotstuff EWY-PERP+0.0128%1h190.54+0.010%$29K$12K20xas long as short
BloFin EWY-USDT+0.0133%8h190.66+0.073%$48K$214K50xas long as short
Binance EWYUSDT+0.0149%8h190.62+0.052%$28.5M$76.5M50xas long as short
MEXC EWY_USDT+0.0149%8h190.64+0.063%$6.5M$3.9M100xas long as short
Extended EWY_24_5-USD+0.0152%1h190.60+0.043%$301K$669K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0275%1h190.63+0.058%$2K$13K20xas long as short
edgeX EWYUSDC+0.0856%4h190.59+0.036%$427K$284K20xas long as short