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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0399%/8h= +43.7% APRpaid last 24h +0.169%
Price spread now: edgeX against Bitget+0.007%94s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs+$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.006%+$101 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.007%, 7d avg −0.015%
Together, before fees+1.062%+ Points / potential airdropedgeX: Active · farm board+$106 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and edgeX is 0.023% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.015%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT190.290.0077pay 0.0077% / 8h5h 31m$2.7M$1.9M20x
ShortedgeX EWYUSDC190.300.0476get 0.0238% / 4h1h 31m$426K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$83.76
Price spread: +0.007% → −0.015%
$2.26
Slippage, 4 orders
−$17.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$47.97
Costs to cover
0.381%
Break-even
3.0 days
Slippage from Bitget: live order book, 6 min ago; edgeX: live order book, 32 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, 6 min ago0.79 bp8.9 bp −$915.0 bp −$15025.7 bp −$2,56759.8 bp −$29.9K
Sell edgeX live order book, 32 min ago5.26 bp10.1 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
Hotstuff EWY-PERP−0.0264%1h190.290.000%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.38+0.047%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.31+0.011%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.35+0.031%$752K$390K10xas long as short
SunX EWY-USDT0.0000%8h190.34+0.026%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.30+0.005%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.19−0.053%$530K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.44+0.079%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.33+0.021%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.26−0.016%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.48+0.100%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.33+0.021%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.23−0.032%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.21−0.042%$51K$58K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.18−0.058%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.34+0.026%$745$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.24−0.026%$199K$276K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h190.40+0.057%$235xas long as short
Bitget EWYUSDTlong+0.0077%8h190.29long leg$2.7M$1.9M20x
KuCoin EWYUSDTM+0.0100%8h190.30+0.005%$981K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.38+0.047%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.35+0.032%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0119%8h190.32+0.016%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0221%8h190.37+0.042%$295K$12K20xas long as short
Variational Omni EWY+0.0274%8h190.40+0.057%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0278%8h190.44+0.079%$48K$214K50xas long as short
Binance EWYUSDT+0.0296%8h190.31+0.010%$28.4M$77.0M50xas long as short
Extended EWY_24_5-USD+0.0296%1h190.26−0.014%$302K$665K10xas long as short
MEXC EWY_USDT+0.0297%8h190.31+0.011%$6.5M$4.2M100xas long as short
edgeX EWYUSDCshort+0.0476%4h190.30+0.007%$426K$283K20x