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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0254%/8h= −27.8% APRnext payment $0.32 per $10,000 · paid last 24h +0.542%
Price spread now: Polymarket Perps against Hotstuff−0.148%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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Polymarket Perps is 0.148% cheaper against Hotstuff than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EWY-PERP189.080.0304pay 0.0038% / 1h47m 41s$28K$12K20x
ShortPolymarket Perps EWY-USD188.800.0050get 0.0006% / 1h47m 41s$4K$12620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$53.34
Price spread: −0.148% → 0.000%
−$14.81
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$81.15
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: 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 Polymarket Perps no order-book sample
Hotstuff and Polymarket Perps: 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
Aster EWYUSDT0.0000%8h188.92−0.085%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.87−0.110%$299K$425K10xas long as short
Binance EWYUSDT0.0000%8h188.90−0.095%$27.5M$78.1M50xas long as short
Bybit EWYUSDT0.0000%8h188.93−0.079%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.88−0.106%$4.2M$4.1M50xas long as short
Gate EWY_USDT0.0000%8h188.96−0.063%$4.1M$4.0M50xas long as short
MEXC EWY_USDT0.0000%8h188.90−0.095%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h188.96−0.063%$2.7M$2.3M20xas long as short
Variational Omni EWY0.0000%8h189.24+0.086%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.24+0.087%$749K$410K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h188.98−0.053%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.94−0.074%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h189.14+0.032%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.01−0.037%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0020%8h189.12+0.021%$48K$215K50xas long as short
Lighter EWY+0.0032%1h188.79−0.153%$383K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h188.40−0.360%$524K$287K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.01−0.037%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.02−0.032%$197K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.80−0.148%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.90−0.095%$65K$81K25xas long as short
Polymarket Perps EWY-USDshort+0.0050%1h188.80−0.148%$4K$12620x
SoDEX EWY-USD+0.0050%1h189.00−0.042%$733$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.17+0.048%$204K$307K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h188.91−0.090%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h188.85−0.122%$973K$610K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.22+0.074%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.00−0.042%$2K$1K20xas long as short
Hotstuff EWY-PERPlong+0.0304%1h189.08long leg$28K$12K20x
edgeX EWYUSDC+0.0654%4h189.12+0.022%$424K$284K20xas long as short