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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0289%/8h= −31.6% APRnext payment $0.36 per $10,000 · paid last 24h −0.033%
Price spread now: Coinbase International against Deribit+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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.075% dearer against Deribit than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL187.610.0337pay 0.0042% / 1h26m 23s$2K$14K20x
ShortCoinbase International EWY-PERP-INTX187.750.0048get 0.0006% / 1h26m 23s$521K$274K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
−$60.62
Price spread: +0.075% → 0.000%
$7.46
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$70.16
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 17 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 Deribit no order-book sample
Sell Coinbase International live order book, 17 min ago3.99 bp10.9 bp −$1115.4 bp −$154doesn't fitdoesn't fit
Deribit: 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−0.0232%8h187.80+0.101%$2.7M$2.3M20xas long as short
Aster EWYUSDT0.0000%8h187.74+0.068%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.73+0.067%$238K$498K10xas long as short
Binance EWYUSDT0.0000%8h187.81+0.109%$27.2M$81.6M50xas long as short
Bybit EWYUSDT0.0000%8h187.83+0.117%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.72+0.059%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.77+0.085%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.80+0.101%$8.6M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.72+0.060%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.74+0.067%$742K$423K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h187.49−0.064%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.94+0.176%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.73+0.064%$1.7M$36K10xas long as short
BloFin EWY-USDT+0.0028%8h187.72+0.059%$48K$216K50xas long as short
Lighter EWY+0.0032%1h187.47−0.075%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0042%1h187.51−0.053%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.81+0.107%$197K$151K20xas long as short
Coinbase International EWY-PERP-INTXshort+0.0048%1h187.75+0.075%$521K$274K20x
tradeXYZ xyz:EWY+0.0050%1h187.69+0.043%$6.3M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.59−0.011%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.63+0.011%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.68+0.037%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.50−0.059%$223K$321K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h187.78+0.091%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.51−0.053%$965K$590K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.72+0.059%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.64+0.016%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0168%1h187.63+0.011%$28K$12K20xas long as short
edgeX EWYUSDC+0.0296%4h187.85+0.128%$421K$284K20xas long as short
Deribit EWY_USDC-PERPETUALlong+0.0337%1h187.61long leg$2K$14K20x