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+0.0008%/8h= +0.9% APRpaid last 24h −0.009%
Price spread now: Popdex against Bitget+0.005%45s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.031%+$3 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.005%, 7d avg −0.002%
Together, before fees+0.034%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT190.560.0040pay 0.0040% / 8h4h 42m$2.7M$2.0M20x
ShortPopdex EWYUSDT190.570.0048get 0.0006% / 1h42m 48s$198K$146K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$1.68
Price spread: +0.005% → −0.002%
$0.69
Slippage, 4 orders
−$12.52
Fee Bitget: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$28.55
Costs to cover
0.309%
Break-even
126.0 days
Slippage from Bitget: live order book, 5 min ago; Popdex: live order book, 16 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, 5 min ago1.05 bp10.9 bp −$1115.9 bp −$15929.6 bp −$2,96062.9 bp −$31.5K
Sell Popdex live order book, 16 min ago0.52 bp4.9 bp −$510.7 bp −$107doesn'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−0.0056%1h190.38−0.094%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.68+0.063%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.66+0.052%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.43−0.069%$753K$393K10xas long as short
SunX EWY-USDT0.0000%8h190.59+0.016%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.59+0.016%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.44−0.063%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.59+0.016%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.49−0.037%$386K$39K20xas long as short
Bitget EWYUSDTlong+0.0040%8h190.56long leg$2.7M$2.0M20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.39−0.089%$531K$305K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.69+0.068%$220K25xas long as short
Popdex EWYUSDTshort+0.0048%1h190.57+0.005%$198K$146K20x
tradeXYZ xyz:EWY+0.0050%1h190.51−0.026%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.41−0.079%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.47−0.047%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.57+0.005%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.25−0.163%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.70+0.076%$235xas long as short
OKX EWY-USDT-SWAP+0.0067%8h190.59+0.016%$4.1M$3.4M50xas long as short
Aster EWYUSDT+0.0093%8h190.64+0.044%$296K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.560.000%$982K$622K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.32−0.126%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.58+0.010%$2K$1K20xas long as short
Variational Omni EWY+0.0135%8h190.37−0.100%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0163%8h190.560.000%$48K$214K50xas long as short
Binance EWYUSDT+0.0167%8h190.60+0.021%$28.5M$76.6M50xas long as short
Extended EWY_24_5-USD+0.0168%1h190.60+0.019%$301K$669K10xas long as short
MEXC EWY_USDT+0.0170%8h190.62+0.031%$6.5M$3.9M100xas long as short
edgeX EWYUSDC+0.0816%4h190.39−0.091%$427K$284K20xas long as short