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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0546%/8h= −59.8% APRpaid last 24h −0.024%
Price spread now: Deribit against Variational Omni+0.006%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds 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: −$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY189.800.0665pay 0.0665% / 8h7h 52m$1.2M$1.3M
ShortDeribit EWY_USDC-PERPETUAL189.810.0119get 0.0015% / 1h52m 11s$2K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$114.62
Price spread: +0.006% → 0.000%
$0.56
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$121.06
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago2.24 bpdoesn't fit5.8 bp −$58doesn'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
Gate EWY_USDT0.0000%8h189.89+0.048%$4.1M$3.2M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68−0.065%$750K$381K10xas long as short
SunX EWY-USDT0.0000%8h189.78−0.010%$2.7M20xas long as short
HTX EWY-USDT0.0000%8h189.87+0.037%$37K$8K20xas long as short
Phemex EWYUSDT0.0000%8h189.85+0.027%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.69−0.058%$378K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.95+0.079%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.89+0.048%$196K$141K20xas long as short
Entropy io:EWY+0.0050%1h189.72−0.042%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.76−0.021%$4K$10920xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h189.86+0.032%$782$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.76−0.021%$241K$215K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.76−0.021%$977K$678K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.61−0.100%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.90+0.053%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0110%8h189.89+0.045%$235xas long as short
Deribit EWY_USDC-PERPETUALshort+0.0119%1h189.81+0.006%$2K$13K20x
Bybit EWYUSDT+0.0137%8h189.95+0.079%$5.3M$4.2M100xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.15−0.342%$528K$337K20xas long as short
tradeXYZ xyz:EWY+0.0193%1h189.86+0.032%$6.4M$14.7M20xas long as short
Bitget EWYUSDT+0.0247%8h189.89+0.048%$2.7M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0335%8h190.00+0.106%$4.1M$3.7M50xas long as short
edgeX EWYUSDC+0.0512%4h189.62−0.093%$425K$281K20xas long as short
Aster EWYUSDT+0.0557%8h189.90+0.053%$294K$12K20xas long as short
Variational Omni EWYlong+0.0665%8h189.80long leg$1.2M$1.3M
Extended EWY_24_5-USD+0.0688%1h189.83+0.016%$303K$409K10xas long as short
Binance EWYUSDT+0.0688%8h189.91+0.058%$28.6M$79.2M50xas long as short
MEXC EWY_USDT+0.0692%8h189.87+0.037%$7.4M$4.4M100xas long as short
Hotstuff EWY-PERP+0.0696%1h189.84+0.021%$28K$12K20xas long as short
BloFin EWY-USDT+0.0707%8h189.93+0.069%$47K$214K50xas long as short