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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0428%/8h= −46.9% APRpaid last 24h −0.045%
Price spread now: Coinbase International against Variational Omni−0.073%7-day average −0.071% · 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 3 days (all we have)+0.016%+$2 on $10k
Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.073%, 7d avg −0.071%
Together, before fees+0.035%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.016% in total (about 1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY190.680.0572pay 0.0572% / 8h7h 01m$1.2M$1.1M
ShortCoinbase International EWY-PERP-INTX190.540.0144get 0.0018% / 1h1m 29s$532K$340K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
−$89.87
Price spread: −0.073% → −0.071%
−$0.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$100.08
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Coinbase International: live order book, 7 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 Variational Omni RFQ quote, 3 min ago2.23 bpdoesn't fit7.4 bp −$74doesn't fitdoesn't fit
Sell Coinbase International live order book, 7 min ago4.46 bp9.5 bp −$915.0 bp −$150doesn'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
Deribit EWY_USDC-PERPETUAL−0.0012%1h190.48−0.105%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h190.56−0.063%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.47−0.110%$4.0M$3.5M50xas long as short
SunX EWY-USDT0.0000%8h190.43−0.131%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h190.76+0.042%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h190.54−0.073%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.38−0.157%$386K$64K20xas long as short
GRVT EWY_USDT_Perp+0.0042%8h190.73+0.027%$754K$385K10xas long as short
Vest EWY-USD-PERP+0.0046%1h190.70+0.011%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.51−0.089%$196K$142K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h190.47−0.110%$6.2M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h190.44−0.126%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.36−0.168%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.55−0.068%$530$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.57−0.058%$229K$235K10xas long as short
Paradex EWY-USD-PERP+0.0069%8h190.40−0.147%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.38−0.157%$981K$646K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.45−0.120%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.57−0.058%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0128%1h190.39−0.152%$29K$12K20xas long as short
Coinbase International EWY-PERP-INTXshort+0.0144%1h190.54−0.073%$532K$340K20x
OKX EWY-USDT-SWAP+0.0271%8h190.52−0.084%$4.2M$3.5M50xas long as short
Bitget EWYUSDT+0.0450%8h190.51−0.089%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0476%8h190.43−0.131%$295K$12K20xas long as short
Variational Omni EWYlong+0.0572%8h190.68long leg$1.2M$1.1M
Binance EWYUSDT+0.0596%8h190.53−0.080%$28.5M$77.2M50xas long as short
BloFin EWY-USDT+0.0598%8h190.54−0.073%$47K$214K50xas long as short
MEXC EWY_USDT+0.0599%8h190.49−0.099%$7.0M$4.6M100xas long as short
Extended EWY_24_5-USD+0.0600%1h190.38−0.157%$304K$670K10xas long as short
edgeX EWYUSDC+0.0962%4h190.56−0.060%$427K$283K20xas long as short