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

EWY

RWAall EWY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.067%
Price spread now: Variational Omni against Phemex−0.095%56s7-day average −0.012% · 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)+0.076%+$8 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.095%, 7d avg −0.012%
Together, before fees+0.182%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.083% cheaper against Phemex than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex EWYUSDT188.760get 0.0000% / 8h3h 06m$1.7M$37K10x
ShortVariational Omni EWY188.580get 0.0000% / 8h3h 06m$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. 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
$0
Price spread: −0.095% → −0.012%
−$8.31
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$20.31
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Phemex live order book, 2 min ago2.12 bp50.2 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.23 bpdoesn't fit6.0 bp −$60doesn't fitdoesn't fit

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%8h188.99+0.121%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.92+0.084%$300K$422K10xas long as short
Binance EWYUSDT0.0000%8h188.97+0.113%$27.6M$77.6M50xas long as short
Bybit EWYUSDT0.0000%8h188.96+0.106%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.94+0.095%$4.2M$4.0M50xas long as short
Gate EWY_USDT0.0000%8h188.92+0.085%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h188.95+0.101%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h188.93+0.090%$2.7M$2.2M20xas long as short
Variational Omni EWYshort0.0000%8h188.58−0.095%$1.2M$1.1M
GRVT EWY_USDT_Perp0.0000%8h188.55−0.111%$746K$406K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h188.81+0.026%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.86+0.053%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h188.71−0.026%$22K$35K20xas long as short
Phemex EWYUSDTlong0.0000%8h188.76long leg$1.7M$37K10x
BloFin EWY-USDT+0.0029%8h188.75−0.005%$48K$214K50xas long as short
Lighter EWY+0.0032%1h188.760.000%$383K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.760.000%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.95+0.101%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.40−0.191%$524K$290K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.82+0.032%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.70−0.032%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.78+0.011%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.86+0.053%$731$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.44−0.170%$202K$304K10xas long as short
Paradex EWY-USD-PERP+0.0051%8h188.93+0.091%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h188.74−0.011%$973K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.46−0.159%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.93+0.090%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0400%1h188.62−0.074%$28K$12K20xas long as short
edgeX EWYUSDC+0.0734%4h188.57−0.103%$423K$284K20xas long as short