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−0.0050%/8h= −5.5% APRpaid last 24h +0.001%
Price spread now: HTX against Entropy+0.142%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 3 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. HTX is 0.142% dearer against Entropy than usual: you sell high and buy low (spread +0.142% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY189.970.0050pay 0.0006% / 1h45m 13s$51K$58K25x
ShortHTX EWY-USDT190.240get 0.0000% / 8h7h 45m$26K$28K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$10.5
Price spread: +0.142% → 0.000%
$14.21
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee HTX: 6 bp × 2 orders
−$12
Net
−$26.29
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: Entropy: no order-book sample; HTX: 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 Entropy no order-book sample
Sell HTX no order-book sample
Entropy and HTX: 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
Gate EWY_USDT0.0000%8h190.02+0.026%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.29+0.169%$753K$386K10xas long as short
SunX EWY-USDT0.0000%8h189.93−0.021%$2.7M20xas long as short
HTX EWY-USDTshort0.0000%8h190.24+0.142%$26K$28K20x
Phemex EWYUSDT0.0000%8h190.05+0.042%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.90−0.037%$379K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.13+0.084%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.01+0.021%$196K$142K20xas long as short
Entropy io:EWYlong+0.0050%1h189.97long leg$51K$58K25x
Polymarket Perps EWY-USD+0.0050%1h189.84−0.068%$4K$12620xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h190.02+0.026%$788$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.02+0.026%$242K$214K10xas long as short
Bybit EWYUSDT+0.0075%8h190.09+0.063%$5.3M$4.2M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.95−0.011%$978K$677K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.14+0.089%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.06+0.047%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0101%8h190.05+0.043%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0119%1h190.02+0.026%$2K$13K20xas long as short
tradeXYZ xyz:EWY+0.0129%1h189.96−0.005%$6.4M$14.9M20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h190.04+0.037%$531K$338K20xas long as short
Bitget EWYUSDT+0.0293%8h190.01+0.021%$2.7M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0335%8h190.08+0.058%$4.1M$3.6M50xas long as short
Hotstuff EWY-PERP+0.0496%1h190.03+0.032%$28K$12K20xas long as short
Aster EWYUSDT+0.0551%8h190.10+0.068%$295K$12K20xas long as short
Variational Omni EWY+0.0650%8h190.13+0.082%$1.2M$1.3Mas long as short
BloFin EWY-USDT+0.0661%8h190.00+0.016%$47K$214K50xas long as short
edgeX EWYUSDC+0.0673%4h190.12+0.080%$426K$283K20xas long as short
Binance EWYUSDT+0.0678%8h190.06+0.047%$28.6M$78.6M50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.98+0.006%$299K$504K10xas long as short
MEXC EWY_USDT+0.0680%8h190.03+0.032%$7.6M$4.5M100xas long as short