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 −0.012%
Price spread now: Entropy against KuCoin−0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM190.560.0100pay 0.0100% / 8h4h 08m$982K$617K20x
ShortEntropy io:EWY190.550.0050get 0.0006% / 1h8m 26s$30K$66K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
−$10.5
Price spread: −0.005% → 0.000%
−$0.52
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$41.02
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 41 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 KuCoin live order book, 41 min ago3.94 bp123.3 bp −$123doesn't fitdoesn't fitdoesn't fit
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%8h190.63+0.037%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.63+0.037%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.66+0.052%$754K$396K10xas long as short
SunX EWY-USDT0.0000%8h190.63+0.037%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.084%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.63+0.037%$1.7M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0012%1h190.65+0.047%$2K$13K20xas long as short
Aster EWYUSDT+0.0013%8h190.64+0.041%$296K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0014%8h190.60+0.021%$4.1M$3.3M50xas long as short
Lighter EWY+0.0032%1h190.52−0.021%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.58+0.010%$532K$297K20xas long as short
Bitget EWYUSDT+0.0044%8h190.59+0.016%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.76+0.105%$220K25xas long as short
Hotstuff EWY-PERP+0.0048%1h190.55−0.005%$29K$12K20xas long as short
Popdex EWYUSDT+0.0048%1h190.57+0.005%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.50−0.031%$6.2M$14.3M20xas long as short
Entropy io:EWYshort+0.0050%1h190.55−0.005%$30K$66K25x
Polymarket Perps EWY-USD+0.0050%1h190.38−0.094%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.64+0.042%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.43−0.068%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h190.61+0.026%$235xas long as short
Variational Omni EWY+0.0054%8h190.62+0.031%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0091%8h190.57+0.008%$28.1M$76.4M50xas long as short
MEXC EWY_USDT+0.0093%8h190.55−0.005%$6.5M$3.9M100xas long as short
BloFin EWY-USDT+0.0094%8h190.61+0.026%$48K$214K50xas long as short
Extended EWY_24_5-USD+0.0096%1h190.55−0.007%$301K$669K10xas long as short
KuCoin EWYUSDTMlong+0.0100%8h190.56long leg$982K$617K20x
ApeX Omni EWYUSDT+0.0100%1h190.560.000%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.64+0.042%$2K$1K20xas long as short
edgeX EWYUSDC+0.0824%4h190.63+0.035%$427K$283K20xas long as short