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+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Entropy against Vest−0.110%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 airdropVest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Entropy is 0.110% cheaper against Vest than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest EWY-USD-PERP190.760.0046pay 0.0006% / 1h8m 08s$220K25x
ShortEntropy io:EWY190.550.0050get 0.0006% / 1h8m 08s$30K$66K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Vest. 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
$0.91
Price spread: −0.110% → 0.000%
−$11.01
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$30.1
Costs to cover
0.200%
Break-even
239.3 days
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample
Sell Entropy no order-book sample
Vest and 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
Bybit EWYUSDT0.0000%8h190.61−0.079%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.59−0.089%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.66−0.053%$754K$396K10xas long as short
SunX EWY-USDT0.0000%8h190.56−0.105%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.54−0.115%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.72−0.021%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.56−0.105%$1.7M$37K10xas long as short
Aster EWYUSDT+0.0013%8h190.63−0.066%$296K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0014%8h190.60−0.084%$4.1M$3.3M50xas long as short
Lighter EWY+0.0032%1h190.50−0.136%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.58−0.094%$532K$297K20xas long as short
Bitget EWYUSDT+0.0044%8h190.59−0.089%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERPlong+0.0046%1h190.76long leg$220K25x
Hotstuff EWY-PERP+0.0048%1h190.55−0.110%$29K$12K20xas long as short
Popdex EWYUSDT+0.0048%1h190.57−0.100%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.48−0.147%$6.2M$14.3M20xas long as short
Entropy io:EWYshort+0.0050%1h190.55−0.110%$30K$66K25x
Polymarket Perps EWY-USD+0.0050%1h190.38−0.199%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.56−0.105%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.43−0.173%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h190.61−0.079%$235xas long as short
Variational Omni EWY+0.0054%8h190.62−0.074%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0088%1h190.52−0.123%$301K$669K10xas long as short
Binance EWYUSDT+0.0091%8h190.54−0.114%$28.1M$76.4M50xas long as short
MEXC EWY_USDT+0.0093%8h190.54−0.115%$6.5M$3.9M100xas long as short
BloFin EWY-USDT+0.0094%8h190.61−0.079%$48K$214K50xas long as short
KuCoin EWYUSDTM+0.0100%8h190.56−0.105%$982K$617K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.56−0.105%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.59−0.089%$2K$1K20xas long as short
edgeX EWYUSDC+0.0824%4h190.63−0.070%$427K$283K20xas long as short