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−0.0068%/8h= −7.4% APRpaid last 24h +0.083%
Price spread now: edgeX against Binance+0.074%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs+$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$320.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.753%+$75 on $10k
Price spread, last 2 days (all we have)−0.084%−$8 · spread now +0.074%, 7d avg −0.012%
Together, before fees+0.669%+ Points / potential airdropedgeX: Active · farm board+$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.086% dearer against Binance than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of −0.012%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.753%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT189.150.0620pay 0.0620% / 8h1h 16m$28.5M$79.4M50x
ShortedgeX EWYUSDC189.290.0552get 0.0276% / 4h1h 16m$424K$275K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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
−$14.21
Price spread: +0.074% → −0.012%
$8.56
Slippage, 4 orders
−$12.51
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$37.16
Costs to cover
0.315%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; edgeX: 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 Binance live order book, 11 min ago0.26 bp5.4 bp −$57.1 bp −$7120.2 bp −$2,019doesn't fit
Sell edgeX live order book, 2 min ago5.55 bp10.2 bp −$1014.1 bp −$141doesn'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
Gate EWY_USDT0.0000%8h189.16+0.005%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.11−0.021%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.13−0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.05−0.053%$376K$96K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.23+0.042%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.150.000%$194K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.16+0.005%$50K$41K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.99−0.085%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h189.12−0.016%$781$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.07−0.042%$221K$181K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0061%1h189.13−0.011%$6.4M$14.8M20xas long as short
Bybit EWYUSDT+0.0066%8h189.27+0.063%$5.2M$4.1M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.18+0.016%$959K$727K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.30+0.079%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.13−0.011%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.13−0.011%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0158%8h189.37+0.115%$235xas long as short
Bitget EWYUSDT+0.0187%8h189.18+0.016%$2.5M$1.5M20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0226%1h189.16+0.005%$2K$13K20xas long as short
HTX EWY-USDT+0.0236%8h189.35+0.106%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0241%8h189.16+0.005%$4.0M$4.1M50xas long as short
Aster EWYUSDT+0.0512%8h189.27+0.064%$293K$12K20xas long as short
Hotstuff EWY-PERP+0.0520%1h189.12−0.016%$28K$12K20xas long as short
edgeX EWYUSDCshort+0.0552%4h189.29+0.074%$424K$275K20x
Variational Omni EWY+0.0563%8h189.28+0.069%$1.4M$889Kas long as short
MEXC EWY_USDT+0.0614%8h189.13−0.011%$7.5M$4.5M100xas long as short
Binance EWYUSDTlong+0.0620%8h189.15long leg$28.5M$79.4M50x
Extended EWY_24_5-USD+0.0624%1h189.11−0.020%$304K$392K10xas long as short
BloFin EWY-USDT+0.0650%8h189.14−0.005%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0690%8h189.30+0.078%$749K$400K10xas long as short