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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h +0.525%
Price spread now: Orderly against Hotstuff+0.011%47s7-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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds 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: −$4 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EWY-PERP189.580.0248pay 0.0031% / 1h38m 33s$28K$12K20x
ShortOrderly PERP_EWY_USDC_mythos189.600.0100get 0.0100% / 8h38m 33s$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Hotstuff. 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
−$31.08
Price spread: +0.011% → 0.000%
$1.05
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$41.03
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Orderly: 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 Hotstuff no order-book sample
Sell Orderly no order-book sample
Hotstuff and Orderly: 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%8h189.57−0.005%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h189.41−0.090%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.62+0.021%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.47−0.058%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.60+0.011%$217K25xas long as short
Entropy io:EWY+0.0050%1h189.49−0.047%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.44−0.074%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.580.000%$777$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.53−0.026%$230K$193K10xas long as short
Popdex EWYUSDT+0.0080%1h189.60+0.011%$194K$138K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.580.000%$966K$705K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.61+0.016%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h189.60+0.011%$2K$1K20x
Coinbase International EWY-PERP-INTX+0.0144%1h189.580.000%$527K$339K20xas long as short
Bybit EWYUSDT+0.0150%8h189.69+0.058%$5.3M$4.2M100xas long as short
Paradex EWY-USD-PERP+0.0151%8h189.71+0.066%$235xas long as short
tradeXYZ xyz:EWY+0.0177%1h189.59+0.005%$6.3M$14.6M20xas long as short
Bitget EWYUSDT+0.0208%8h189.66+0.042%$2.6M$1.6M20xas long as short
HTX EWY-USDT+0.0211%8h189.67+0.047%$36K$8K20xas long as short
Hotstuff EWY-PERPlong+0.0248%1h189.58long leg$28K$12K20x
OKX EWY-USDT-SWAP+0.0297%8h189.65+0.037%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0436%1h189.62+0.021%$2K$13K20xas long as short
Aster EWYUSDT+0.0526%8h189.51−0.038%$294K$12K20xas long as short
edgeX EWYUSDC+0.0606%4h189.56−0.010%$425K$274K20xas long as short
Variational Omni EWY+0.0609%8h189.57−0.005%$1.5M$983Kas long as short
MEXC EWY_USDT+0.0646%8h189.59+0.005%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0647%8h189.60+0.011%$28.5M$79.9M50xas long as short
GRVT EWY_USDT_Perp+0.0647%8h189.60+0.010%$750K$399K10xas long as short
Extended EWY_24_5-USD+0.0648%1h189.57−0.006%$304K$392K10xas long as short
BloFin EWY-USDT+0.0650%8h189.63+0.026%$47K$214K50xas long as short