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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h +0.005%
Price spread now: Bitget against Entropy+0.026%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.026% dearer against Entropy than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY190.170.0050pay 0.0006% / 1h29m 26s$51K$57K25x
ShortBitget EWYUSDT190.220.0075get 0.0075% / 8h5h 29m$2.7M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Entropy. 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
$5.25
Price spread: +0.026% → 0.000%
$2.63
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.12
Costs to cover
0.300%
Break-even
36.5 days
Slippage unknown: Entropy: no order-book sample; Bitget: live order book, 3 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 Entropy no order-book sample
Sell Bitget live order book, 3 min ago1.05 bp9.0 bp −$913.3 bp −$13334.4 bp −$3,43780.9 bp −$40.4K
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
Deribit EWY_USDC-PERPETUAL−0.0065%1h190.18+0.005%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h190.28+0.058%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.28+0.058%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.31+0.072%$752K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.24+0.037%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.19+0.011%$530K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.35+0.095%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.26+0.047%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.170.000%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.42+0.131%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.29+0.063%$198K$145K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.21+0.021%$6.1M$13.9M20xas long as short
Entropy io:EWYlong+0.0050%1h190.17long leg$51K$57K25x
Polymarket Perps EWY-USD+0.0050%1h190.10−0.037%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.26+0.047%$747$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.14−0.016%$199K$276K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.23+0.034%$235xas long as short
Bitget EWYUSDTshort+0.0075%8h190.22+0.026%$2.7M$2.0M20x
KuCoin EWYUSDTM+0.0100%8h190.27+0.053%$980K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.25+0.042%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.28+0.058%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0114%8h190.32+0.079%$4.1M$3.5M50xas long as short
Hotstuff EWY-PERP+0.0136%1h190.170.000%$29K$12K20xas long as short
Aster EWYUSDT+0.0209%8h190.31+0.076%$295K$12K20xas long as short
Variational Omni EWY+0.0257%8h190.27+0.050%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0287%8h190.31+0.074%$28.4M$77.0M50xas long as short
Extended EWY_24_5-USD+0.0288%1h190.20+0.014%$302K$665K10xas long as short
MEXC EWY_USDT+0.0288%8h190.26+0.047%$6.5M$4.2M100xas long as short
BloFin EWY-USDT+0.0288%8h190.24+0.037%$48K$214K50xas long as short
edgeX EWYUSDC+0.0892%4h190.38+0.109%$427K$284K20xas long as short