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−0.0174%/8h= −19.1% APRnext payment $1.74 per $10,000 · paid last 24h +0.038%
Price spread now: Bybit against Aster+0.107%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.107%, 7d avg +0.018%
Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.089% dearer against Aster than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.018%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.037% in total) that is about 17 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EWYUSDT188.790.0174pay 0.0174% / 8h2h 31m$293K$12K20x
ShortBybit EWYUSDT188.990get 0.0000% / 8h2h 31m$5.6M$3.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
−$36.62
Price spread: +0.107% → +0.018%
$8.91
Slippage, 4 orders
−$13.73
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$60.43
Costs to cover
0.327%
Break-even
never at this rate
Slippage from Aster: live order book, 55 min ago; Bybit: live order book, 2 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 Aster live order book, 55 min ago2.12 bp6.6 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.26 bp9.8 bp −$1014.9 bp −$149doesn'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
Bybit EWYUSDTshort0.0000%8h188.99+0.107%$5.6M$3.5M100x
Gate EWY_USDT0.0000%8h188.86+0.038%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h188.58−0.111%$2.7M20xas long as short
HTX EWY-USDT0.0000%8h188.90+0.059%$36K$8K20xas long as short
Phemex EWYUSDT0.0000%8h188.85+0.032%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.83+0.022%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.90+0.059%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.93+0.075%$193K$140K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.85+0.032%$6.0M$14.6M20xas long as short
Entropy io:EWY+0.0050%1h188.85+0.032%$49K$36K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps EWY-USD+0.0050%1h188.76−0.015%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h188.91+0.064%$768$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.87+0.043%$221K$181K10xas long as short
Hotstuff EWY-PERP+0.0056%1h188.84+0.027%$28K$12K20xas long as short
Bitget EWYUSDT+0.0068%8h188.85+0.032%$2.5M$1.4M20xas long as short
edgeX EWYUSDC+0.0098%4h188.85+0.034%$423K$274K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.83+0.022%$957K$740K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.66−0.068%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.94+0.080%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0101%8h189.09+0.157%$235xas long as short
OKX EWY-USDT-SWAP+0.0110%8h188.99+0.107%$4.0M$4.0M50xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.79+0.001%$524K$330K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0174%1h188.96+0.091%$2K$13K20xas long as short
Aster EWYUSDTlong+0.0174%8h188.79long leg$293K$12K20x
Variational Omni EWY+0.0175%8h188.86+0.037%$1.4M$890Kas long as short
BloFin EWY-USDT+0.0230%8h188.85+0.032%$47K$213K50xas long as short
MEXC EWY_USDT+0.0247%8h188.92+0.070%$7.5M$4.6M100xas long as short
Extended EWY_24_5-USD+0.0248%1h188.90+0.058%$304K$410K10xas long as short
Binance EWYUSDT+0.0250%8h188.92+0.069%$28.2M$79.6M50xas long as short
GRVT EWY_USDT_Perp+0.0366%8h188.87+0.044%$747K$421K10xas long as short