Piano's hedge position balancing feature now extends to Binance EWY perpetual futures. Positions are automatically rebalanced based on your configured conditions — using the same principles as crypto.
Piano automates risk management. It does not provide investment advice or guarantee returns.
EWY is the flagship South Korean equity ETF managed by BlackRock. It tracks the MSCI Korea 25/50 Index and consists of approximately 83 leading Korean stocks.
World's largest asset manager
25/50 Index
Leading Korean companies
U.S. stock exchange
Weightings may change due to MSCI rebalancing. Figures above are for reference only and are not real-time data.
Binance offers perpetual futures (EWYUSDT Perpetual) based on the EWY ETF. Settlement is in USDT, with Funding Rate settlement every 8 hours.
The same hedge balancing principles used for crypto are applied to EWY perpetual futures.
It only executes within your configured parameter ranges. You can change parameters or stop execution at any time.
| Feature | Description |
|---|---|
| Imbalance Detection | Monitors spot-futures ratio deviations in real time |
| Auto Correction | Adjusts position ratios based on your configured conditions |
| Balance Restoration | Automatically restores 1:1 balance and achieves better entry prices |
| Funding Rate Management | Manages positions by reflecting settlement every 8 hours |
Trading hours for EWY perpetual futures differ from those of the underlying EWY ETF.
| Market | Trading Hours (KST) | Note |
|---|---|---|
| Korea Stock Exchange (KRX) | 09:00 – 15:30 | Closed on Korean holidays |
| EWY ETF (NYSE Arca) | 23:30 – 06:00 (next day) | Based on U.S. market hours |
| EWYUSDT Perpetual Futures | 24 hours | Year-round |
Perpetual futures trade 24 hours a day. However, during hours when the underlying EWY ETF market is closed, liquidity may decrease, spreads may widen, and price discrepancies may occur. This is an additional risk factor.
EWY perpetual futures carry unique risks that differ from standard crypto perpetual futures. Please make sure you understand the following before getting started.
Piano is a tool that automates risk management. It is not an investment advisory, discretionary investment management, or financial product brokerage service.
1. Piano is a software tool. — It is not an investment advisory, discretionary investment management, or financial product brokerage service.
2. Piano does not solicit investment. — It does not recommend or encourage the purchase or sale of any specific asset.
3. Piano automatically executes trades within the conditions set by the user. — Algorithms are used only for market signal analysis; the execution scope is set by the user.
4. Activating automated trading is the user's own approval and responsibility. — The user directly approves the strategy, target assets, risk limits, and API permissions before activation. All investment gains and losses are the user's responsibility.
5. Piano does not guarantee returns. — Past performance, backtests, and simulation results do not guarantee future returns.
6. Risk of Principal Loss — Trading EWY perpetual futures is a leveraged derivative transaction that may result in total loss of principal.
7. Leverage Risk — The decision to use leverage and the chosen multiplier are entirely the user's own judgment and responsibility.
8. Liquidity and Market Risk — During hours when the underlying asset market is closed, risks such as insufficient liquidity and price divergence may occur.
9. Software Risk — The service may not function properly due to bugs, network outages, API errors, or changes to exchange systems.
10. Personal Responsibility — All trading decisions and resulting profits or losses are entirely the user's own judgment and responsibility.
Reach out to us on Telegram. Please review the risk disclosures above before getting started.
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