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−0.0092%/8h= −10.1% APRnext payment $0.92 per $10,000 · paid last 24h +0.029%
Price spread now: Orderly against Bitget−0.026%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.026% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT189.680.0192pay 0.0192% / 8h50m 15s$2.6M$1.5M20x
ShortOrderly PERP_EWY_USDC_mythos189.630.0100get 0.0100% / 8h50m 15s$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$19.32
Price spread: −0.026% → 0.000%
−$2.64
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$39.96
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

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 bp7.1 bp −$710.5 bp −$10525.6 bp −$2,55571.1 bp −$35.5K
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h189.61−0.037%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h189.40−0.148%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.66−0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.52−0.084%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.72+0.021%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.64−0.021%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.52−0.084%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.51−0.090%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.60−0.042%$780$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.55−0.069%$230K$193K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.50−0.095%$965K$709K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.55−0.069%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h189.63−0.026%$2K$1K20x
tradeXYZ xyz:EWY+0.0114%1h189.55−0.069%$6.2M$14.5M20xas long as short
Bybit EWYUSDT+0.0123%8h189.74+0.032%$5.3M$4.2M100xas long as short
Paradex EWY-USD-PERP+0.0126%8h189.78+0.053%$235xas long as short
Hotstuff EWY-PERP+0.0144%1h189.60−0.042%$28K$12K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.73+0.026%$527K$342K20xas long as short
Bitget EWYUSDTlong+0.0192%8h189.68long leg$2.6M$1.5M20x
HTX EWY-USDT+0.0201%8h189.71+0.016%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0273%8h189.69+0.005%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0489%1h189.64−0.021%$2K$13K20xas long as short
Aster EWYUSDT+0.0504%8h189.57−0.056%$294K$12K20xas long as short
Variational Omni EWY+0.0585%8h189.73+0.027%$1.5M$983Kas long as short
MEXC EWY_USDT+0.0618%8h189.61−0.037%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0620%8h189.64−0.020%$28.5M$80.0M50xas long as short
Extended EWY_24_5-USD+0.0624%1h189.58−0.051%$304K$392K10xas long as short
BloFin EWY-USDT+0.0631%8h189.67−0.005%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0634%8h189.71+0.013%$750K$398K10xas long as short
edgeX EWYUSDC+0.0891%4h189.68−0.001%$425K$274K20xas long as short