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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against Binance+0.094%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$230.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.094%, 7d avg −0.008%
Together, before fees−0.231%+ Points / potential airdropGRVT: Active · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.102% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT185.950get 0.0000% / 8h7h 45m$26.9M$82.2M50x
ShortGRVT EWY_USDT_Perp186.120get 0.0000% / 8h7h 45m$729K$424K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.094% → −0.008%
$10.16
Slippage, 4 orders
−$4.39
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$13.23
Costs to cover
0.234%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; GRVT: live order book, 53 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, 12 min ago0.27 bp5.3 bp −$57.4 bp −$7426.9 bp −$2,692doesn't fit
Sell GRVT live order book, 53 min ago1.60 bp6.1 bp −$610.8 bp −$108doesn'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
Bitget EWYUSDT−0.0563%8h185.97+0.011%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0024%1h185.66−0.156%$235K25xas long as short
BloFin EWY-USDT−0.0001%8h185.91−0.022%$48K$218K50xas long as short
Aster EWYUSDT0.0000%8h186.06+0.060%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.90−0.027%$240K$916K10xas long as short
Binance EWYUSDTlong0.0000%8h185.95long leg$26.9M$82.2M50x
OKX EWY-USDT-SWAP0.0000%8h185.92−0.016%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h186.04+0.048%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.98+0.016%$7.8M$4.4M100xas long as short
Variational Omni EWY0.0000%8h185.89−0.030%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perpshort0.0000%8h186.12+0.094%$729K$424K10x
SunX EWY-USDT0.0000%8h185.950.000%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.11+0.086%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.94−0.005%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h185.71−0.129%$376K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.97+0.011%$197K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.80−0.081%$6.3M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h185.85−0.054%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.80−0.081%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.91−0.022%$743$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.950.000%$234K$335K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h185.950.000%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h185.93−0.011%$957K$617K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.85−0.054%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.97+0.011%$2K$1K20xas long as short
Bybit EWYUSDT+0.0105%8h185.99+0.021%$4.9M$4.8M100xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.78−0.091%$516K$250K20xas long as short
edgeX EWYUSDC+0.0122%4h186.01+0.030%$417K$286K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0181%1h185.84−0.059%$3K$15K20xas long as short
Hotstuff EWY-PERP+0.0200%1h185.83−0.065%$28K$15K20xas long as short