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−0.0272%/8h= −29.8% APRpaid last 24h +0.012%
Price spread now: Deribit against KuCoin−0.058%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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Deribit is 0.058% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM189.690.0100pay 0.0100% / 8h6h 37m$977K$634K20x
ShortDeribit EWY_USDC-PERPETUAL189.58−0.0172pay 0.0021% / 1h37m 37s$2K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against KuCoin. 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
−$57.08
Price spread: −0.058% → 0.000%
−$5.8
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$81.88
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 22 min ago; Deribit: 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 KuCoin live order book, 22 min ago9.98 bp178.9 bp −$179doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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-PERPETUALshort−0.0172%1h189.58−0.058%$2K$13K20x
Bybit EWYUSDT0.0000%8h189.690.000%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.67−0.011%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.60−0.049%$749K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.65−0.021%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.65−0.021%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.63−0.032%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.54−0.079%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.78+0.047%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.63−0.032%$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+0.311%$531K$336K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.62−0.037%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.690.000%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.44−0.132%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.58−0.058%$622$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.41−0.148%$229K$242K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h189.67−0.013%$235xas long as short
edgeX EWYUSDC+0.0083%4h189.50−0.099%$425K$282K20xas long as short
KuCoin EWYUSDTMlong+0.0100%8h189.69long leg$977K$634K20x
ApeX Omni EWYUSDT+0.0100%1h189.57−0.063%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.68−0.005%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0192%1h189.62−0.037%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0216%8h189.66−0.016%$4.1M$3.5M50xas long as short
Bitget EWYUSDT+0.0271%8h189.65−0.021%$2.7M$1.9M20xas long as short
Aster EWYUSDT+0.0402%8h189.75+0.031%$294K$12K20xas long as short
Variational Omni EWY+0.0499%8h189.70+0.003%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0506%8h189.65−0.023%$28.3M$77.6M50xas long as short
MEXC EWY_USDT+0.0510%8h189.67−0.011%$7.0M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0512%1h189.63−0.034%$302K$670K10xas long as short
BloFin EWY-USDT+0.0565%8h190.43+0.390%$2K$214K50xas long as short