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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h −0.555%
Price spread now: Hotstuff against Deribit−0.037%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 0.037% cheaper against Deribit than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL190.460get 0.0000% / 1h1m 13s$2K$13K20x
ShortHotstuff EWY-PERP190.390.0128get 0.0016% / 1h1m 13s$29K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$26.88
Price spread: −0.037% → 0.000%
−$3.68
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$11.2
Costs to cover
0.120%
Break-even
4.1 days
Slippage unknown: Deribit: 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 Deribit no order-book sample
Sell Hotstuff no order-book sample
Deribit 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
Bybit EWYUSDT0.0000%8h190.56+0.053%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.47+0.005%$4.0M$3.5M50xas long as short
SunX EWY-USDT0.0000%8h190.44−0.011%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUALlong0.0000%1h190.46long leg$2K$13K20x
HTX EWY-USDT0.0000%8h190.76+0.158%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h190.54+0.042%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.38−0.042%$386K$64K20xas long as short
GRVT EWY_USDT_Perp+0.0042%8h190.73+0.142%$754K$385K10xas long as short
Vest EWY-USD-PERP+0.0046%1h190.70+0.126%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.51+0.026%$196K$142K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h190.47+0.005%$6.2M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h190.44−0.011%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.36−0.053%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.50+0.021%$531$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.57+0.058%$229K$235K10xas long as short
Paradex EWY-USD-PERP+0.0069%8h190.40−0.032%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.38−0.042%$981K$646K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.45−0.005%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.57+0.058%$2K$1K20xas long as short
Hotstuff EWY-PERPshort+0.0128%1h190.39−0.037%$29K$12K20x
Coinbase International EWY-PERP-INTX+0.0144%1h190.43−0.016%$531K$340K20xas long as short
OKX EWY-USDT-SWAP+0.0270%8h190.52+0.032%$4.2M$3.5M50xas long as short
Bitget EWYUSDT+0.0450%8h190.52+0.032%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0476%8h190.52+0.033%$295K$12K20xas long as short
Variational Omni EWY+0.0566%8h190.51+0.027%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0596%8h190.55+0.047%$28.5M$77.2M50xas long as short
MEXC EWY_USDT+0.0599%8h190.49+0.016%$7.0M$4.6M100xas long as short
Extended EWY_24_5-USD+0.0600%1h190.49+0.013%$304K$670K10xas long as short
BloFin EWY-USDT+0.0613%8h190.45−0.005%$2K$214K50xas long as short
edgeX EWYUSDC+0.0962%4h190.56+0.055%$427K$283K20xas long as short