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−0.0544%/8h= −59.6% APRpaid last 24h −0.579%
Price spread now: Hotstuff against Variational Omni−0.002%46s7-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 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 · Hotstuff: 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. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY190.740.0592pay 0.0592% / 8h7h 25m$1.2M$1.1M
ShortHotstuff EWY-PERP190.740.0048get 0.0006% / 1h25m 40s$29K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$114.23
Price spread: −0.002% → 0.000%
−$0.18
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$119.41
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Hotstuff: 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, 3 min ago2.23 bpdoesn't fit6.9 bp −$69doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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%8h190.77+0.014%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.69−0.028%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.04−0.367%$752K$384K10xas long as short
SunX EWY-USDT0.0000%8h190.57−0.091%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h190.70−0.023%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h190.79+0.024%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.64−0.054%$379K$56K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.97+0.119%$220K25xas long as short
Hotstuff EWY-PERPshort+0.0048%1h190.74−0.002%$29K$12K20x
Popdex EWYUSDT+0.0048%1h190.83+0.045%$196K$143K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h190.64−0.054%$6.3M$15.0M20xas long as short
Entropy io:EWY+0.0050%1h190.41−0.175%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.66−0.044%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.69−0.028%$439$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.64−0.054%$230K$233K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0065%1h190.80+0.030%$2K$13K20xas long as short
Paradex EWY-USD-PERP+0.0082%8h190.67−0.036%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.52−0.117%$982K$665K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.28−0.243%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.75+0.003%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h190.75+0.003%$532K$341K20xas long as short
edgeX EWYUSDC+0.0267%4h190.15−0.313%$426K$284K20xas long as short
OKX EWY-USDT-SWAP+0.0297%8h190.67−0.039%$4.2M$3.6M50xas long as short
Bitget EWYUSDT+0.0359%8h190.68−0.033%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0502%8h190.69−0.027%$296K$12K20xas long as short
Variational Omni EWYlong+0.0592%8h190.74long leg$1.2M$1.1M
Extended EWY_24_5-USD+0.0616%1h190.62−0.066%$304K$717K10xas long as short
MEXC EWY_USDT+0.0618%8h190.68−0.033%$7.4M$4.5M100xas long as short
Binance EWYUSDT+0.0619%8h190.66−0.044%$28.7M$78.0M50xas long as short
BloFin EWY-USDT+0.0633%8h190.71−0.018%$47K$214K50xas long as short