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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0350%/8h= −38.3% APRnext payment $0.44 per $10,000 · paid last 24h +0.546%
Price spread now: tradeXYZ against Hotstuff+0.037%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 fees+ Points / potential airdropHotstuff: Active · tradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. tradeXYZ is 0.037% dearer against Hotstuff than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EWY-PERP187.570.0400pay 0.0050% / 1h24m 28s$28K$12K20x
ShorttradeXYZ xyz:EWY187.640.0050get 0.0006% / 1h24m 28s$6.3M$14.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$73.5
Price spread: +0.037% → 0.000%
$3.73
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$92.77
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; tradeXYZ: live order book, 5 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 Hotstuff no order-book sample
Sell tradeXYZ live order book, 5 min ago0.80 bp10.8 bp −$1112.9 bp −$129doesn't fitdoesn't fit
Hotstuff: 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
Bitget EWYUSDT−0.0237%8h187.81+0.128%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0018%8h187.73+0.085%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h187.70+0.071%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.67+0.052%$239K$501K10xas long as short
Binance EWYUSDT0.0000%8h187.74+0.093%$27.2M$81.6M50xas long as short
Bybit EWYUSDT0.0000%8h187.78+0.112%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.63+0.032%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.75+0.096%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.76+0.101%$8.6M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.79+0.118%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.73+0.083%$742K$420K10xas long as short
SunX EWY-USDT0.0000%8h187.61+0.021%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.67+0.053%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.94+0.197%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.73+0.085%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.55−0.011%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0042%1h187.46−0.059%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.78+0.112%$197K$152K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.65+0.043%$521K$273K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h187.64+0.037%$6.3M$14.1M20x
Entropy io:EWY+0.0050%1h187.59+0.011%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.60+0.016%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.67+0.053%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.50−0.037%$223K$321K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h187.70+0.069%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.48−0.048%$965K$592K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.58+0.005%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.70+0.069%$2K$1K20xas long as short
edgeX EWYUSDC+0.0233%4h187.71+0.074%$421K$284K20xas long as short
Hotstuff EWY-PERPlong+0.0400%1h187.57long leg$28K$12K20x