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

EWT

RWAall EWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.010%
Price spread now: tradeXYZ against Bitget−0.043%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.043%, 7d avg −0.031%
Together, before fees+0.033%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWTUSDT116.040get 0.0000% / 8h7h 49m$1.3M$540K20x
ShorttradeXYZ xyz:EWT115.99−0.0084pay 0.0011% / 1h49m 49s$685K$206K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Bitget. 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
−$17.72
Price spread: −0.043% → −0.031%
−$1.17
Slippage, 4 orders
−$43.55
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$92.44
Costs to cover
0.736%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; tradeXYZ: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago4.31 bp15.4 bp −$1539.5 bp −$395doesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago2.59 bp22.9 bp −$23176.8 bp −$1,768doesn't fitdoesn't fit

EWT on 12 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
tradeXYZ xyz:EWTshort−0.0084%1h115.99−0.043%$685K$206K20x
Aster EWTUSDT0.0000%8h116.06+0.018%$3K$7620xas long as short
Bybit EWTUSDT0.0000%8h116.00−0.034%$223K$146K25xas long as short
OKX EWT-USDT-SWAP0.0000%8h116.09+0.043%$176K$180K20xas long as short
Gate EWT_USDT0.0000%8h116.08+0.034%$44K$4K25xas long as short
Bitget EWTUSDTlong0.0000%8h116.04long leg$1.3M$540K20x
GRVT EWT_USDT_Perp0.0000%8h115.98−0.052%$3K$205K10xas long as short
SunX EWT-USDT0.0000%8h116.040.000%$711$375K10xas long as short
HTX EWT-USDT0.0000%8h115.76−0.241%$16K$8K10xas long as short
Variational Omni EWT+0.0142%8h116.03−0.011%$55K$15Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EWTUSDT+0.0304%8h116.040.000%$468K$884K20xas long as short
MEXC EWT_USDT+0.0306%8h116.040.000%$2.4M$96K50xas long as short