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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.011%
Price spread now: OKX against Bitget+0.032%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.032%, 7d avg −0.002%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.033% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT189.740.0138pay 0.0138% / 8h6h 20m$2.8M$1.9M20x
ShortOKX EWY-USDT-SWAP189.800.0184get 0.0184% / 8h6h 20m$4.1M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$9.68
Price spread: +0.032% → −0.002%
$3.31
Slippage, 4 orders
−$14.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$23.16
Costs to cover
0.362%
Break-even
23.8 days
Slippage from Bitget: live order book, 2 min ago; OKX: 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 Bitget live order book, 2 min ago1.05 bp11.2 bp −$1117.3 bp −$17338.2 bp −$3,815doesn't fit
Sell OKX live order book, 2 min ago1.32 bp8.2 bp −$811.7 bp −$117doesn't fitdoesn't fit

EWY on 29 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 EWYUSDT0.0000%8h189.77+0.016%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.72−0.011%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.89+0.080%$751K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.72−0.011%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.67−0.037%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h189.90+0.084%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.71−0.016%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.58−0.084%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.83+0.047%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.740.000%$197K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.095%$529K$330K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.64−0.053%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.71−0.016%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.57−0.090%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.72−0.011%$691$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.75+0.005%$198K$266K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h189.75+0.003%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.71−0.016%$977K$633K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.84+0.053%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.740.000%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0104%1h189.71−0.016%$28K$12K20xas long as short
Bitget EWYUSDTlong+0.0138%8h189.74long leg$2.8M$1.9M20x
edgeX EWYUSDC+0.0143%4h189.85+0.056%$425K$282K20xas long as short
OKX EWY-USDT-SWAPshort+0.0184%8h189.80+0.032%$4.1M$3.5M50x
Aster EWYUSDT+0.0347%8h189.77+0.017%$294K$12K20xas long as short
Variational Omni EWY+0.0415%8h189.79+0.026%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0440%8h189.75+0.005%$28.3M$77.5M50xas long as short
Extended EWY_24_5-USD+0.0440%1h189.70−0.020%$302K$670K10xas long as short
MEXC EWY_USDT+0.0443%8h189.73−0.005%$7.0M$4.2M100xas long as short