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+0.0050%/8h= +5.5% APRpaid last 24h +0.012%
Price spread now: KuCoin against Entropy0.000%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY190.250.0050pay 0.0006% / 1h50m 08s$52K$57K25x
ShortKuCoin EWYUSDTM190.250.0100get 0.0100% / 8h5h 50m$980K$627K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$19.5
Costs to cover
0.300%
Break-even
20.0 days
Slippage unknown: Entropy: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago3.68 bp145.7 bp −$146doesn't fitdoesn't fitdoesn't fit
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 29 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%8h190.34+0.047%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.29+0.021%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.28+0.018%$752K$389K10xas long as short
SunX EWY-USDT0.0000%8h190.250.000%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.28+0.016%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.363%$529K$318K20xas long as short
HTX EWY-USDT0.0000%8h190.47+0.116%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.24−0.005%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.22−0.016%$386K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.52+0.142%$220K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.32+0.037%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.250.000%$6.1M$14.0M20xas long as short
Entropy io:EWYlong+0.0050%1h190.25long leg$52K$57K25x
Polymarket Perps EWY-USD+0.0050%1h190.14−0.058%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.27+0.011%$741$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.31+0.032%$198K$275K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h190.44+0.101%$235xas long as short
Bitget EWYUSDT+0.0090%8h190.30+0.026%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTMshort+0.0100%8h190.250.000%$980K$627K20x
ApeX Omni EWYUSDT+0.0100%1h190.29+0.021%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.30+0.026%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0138%8h190.30+0.026%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0269%8h190.37+0.061%$295K$12K20xas long as short
Hotstuff EWY-PERP+0.0272%1h190.35+0.053%$29K$12K20xas long as short
Variational Omni EWY+0.0325%8h190.41+0.083%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0350%8h190.34+0.050%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0351%8h190.28+0.016%$6.4M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0352%1h190.31+0.030%$302K$665K10xas long as short
edgeX EWYUSDC+0.0950%4h190.24−0.004%$426K$283K20xas long as short