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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.018%
Price spread now: Entropy against Gate−0.079%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Entropy is 0.079% cheaper against Gate than usual: you would sell low and buy high (spread −0.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 5.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT190.610get 0.0000% / 8h4h 38m$4.2M$3.8M50x
ShortEntropy io:EWY190.460.0050get 0.0006% / 1h38m 16s$46K$59K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Gate. 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: −0.079% → 0.000%
−$7.87
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$30.37
Costs to cover
0.330%
Break-even
27.2 days
Slippage unknown: Gate: live order book, 5 min ago; Entropy: 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 Gate live order book, 5 min ago3.15 bp11.6 bp −$1224.8 bp −$24850.3 bp −$5,02786.2 bp −$43.1K
Sell Entropy no order-book sample
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
Bybit EWYUSDT0.0000%8h190.59−0.010%$5.2M$4.2M100xas long as short
Gate EWY_USDTlong0.0000%8h190.61long leg$4.2M$3.8M50x
GRVT EWY_USDT_Perp0.0000%8h190.69+0.042%$754K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.59−0.010%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.52−0.047%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.058%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.57−0.021%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.41−0.105%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.57−0.021%$531K$305K20xas long as short
Bitget EWYUSDT+0.0043%8h190.57−0.021%$2.7M$2.0M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.71+0.052%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.55−0.031%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.45−0.084%$6.2M$13.9M20xas long as short
Entropy io:EWYshort+0.0050%1h190.46−0.079%$46K$59K25x
Polymarket Perps EWY-USD+0.0050%1h190.36−0.131%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.56−0.026%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.60−0.005%$201K$268K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.55−0.030%$235xas long as short
OKX EWY-USDT-SWAP+0.0060%8h190.57−0.021%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0080%8h190.60−0.004%$296K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.43−0.094%$982K$623K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.54−0.037%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.56−0.026%$2K$1K20xas long as short
Variational Omni EWY+0.0123%8h190.65+0.021%$1.2M$1.1Mas long as short
edgeX EWYUSDC+0.0130%4h190.55−0.031%$427K$282K20xas long as short
Extended EWY_24_5-USD+0.0152%1h190.50−0.056%$301K$669K10xas long as short
Binance EWYUSDT+0.0155%8h190.56−0.026%$28.4M$76.6M50xas long as short
MEXC EWY_USDT+0.0160%8h190.53−0.042%$6.5M$3.9M100xas long as short
BloFin EWY-USDT+0.0179%8h190.57−0.021%$48K$214K50xas long as short
Hotstuff EWY-PERP+0.0280%1h190.46−0.079%$29K$12K20xas long as short