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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0163%/8h= +17.8% APRpaid last 24h +0.016%
Price spread now: OKX 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 3 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 +$5 a day on $10k at the current rate, and OKX 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:EWY189.650.0050pay 0.0006% / 1h36m 09s$51K$57K25x
ShortOKX EWY-USDT-SWAP189.700.0213get 0.0213% / 8h6h 36m$4.1M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$34.23
Price spread: +0.026% → 0.000%
$2.64
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee OKX: 5 bp × 2 orders
−$10
Net
$8.86
Costs to cover
0.280%
Break-even
5.2 days
Slippage unknown: Entropy: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago0.26 bp6.0 bp −$611.8 bp −$118doesn'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 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−0.0014%1h189.650.000%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h189.71+0.032%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.69+0.021%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.60−0.028%$749K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.76+0.058%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.650.000%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.71+0.032%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.54−0.058%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.80+0.079%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.650.000%$197K$146K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h190.28+0.332%$531K$336K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.650.000%$6.2M$14.0M20xas long as short
Entropy io:EWYlong+0.0050%1h189.65long leg$51K$57K25x
Polymarket Perps EWY-USD+0.0050%1h189.52−0.069%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.61−0.021%$631$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.48−0.090%$212K$250K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h189.59−0.032%$235xas long as short
edgeX EWYUSDC+0.0083%4h189.50−0.078%$425K$282K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.61−0.021%$976K$634K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.57−0.042%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.71+0.032%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0192%1h189.62−0.016%$28K$12K20xas long as short
OKX EWY-USDT-SWAPshort+0.0213%8h189.70+0.026%$4.1M$3.5M50x
Bitget EWYUSDT+0.0255%8h189.70+0.026%$2.7M$1.9M20xas long as short
Aster EWYUSDT+0.0398%8h189.77+0.064%$294K$12K20xas long as short
Variational Omni EWY+0.0472%8h189.67+0.008%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0501%8h189.69+0.021%$28.3M$77.5M50xas long as short
Extended EWY_24_5-USD+0.0504%1h189.64−0.004%$302K$670K10xas long as short
MEXC EWY_USDT+0.0505%8h189.71+0.032%$7.0M$4.2M100xas long as short
BloFin EWY-USDT+0.0565%8h190.43+0.411%$2K$214K50xas long as short