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−0.0034%/8h= −3.7% APRpaid last 24h +0.022%
Price spread now: tradeXYZ against Bitget−0.037%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 7 days+0.019%+$2 · spread now −0.037%, 7d avg −0.088%
Together, before fees+0.097%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.051% dearer against Bitget than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.088%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT189.620.0204pay 0.0204% / 8h41m 45s$2.6M$1.6M20x
ShorttradeXYZ xyz:EWY189.550.0170get 0.0021% / 1h41m 45s$6.3M$14.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$7.06
Price spread: −0.037% → −0.088%
$5.12
Slippage, 4 orders
−$6.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$38.86
Costs to cover
0.369%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; tradeXYZ: live order book, 7 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 bp7.3 bp −$713.7 bp −$13730.5 bp −$3,04870.0 bp −$35.0K
Sell tradeXYZ live order book, 7 min ago0.26 bp9.8 bp −$1011.8 bp −$118doesn'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
Gate EWY_USDT0.0000%8h189.54−0.042%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h189.36−0.137%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.57−0.026%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.43−0.100%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.71+0.047%$217K25xas long as short
Entropy io:EWY+0.0050%1h189.48−0.074%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.45−0.090%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.58−0.021%$778$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.49−0.069%$230K$193K10xas long as short
Popdex EWYUSDT+0.0096%1h189.61−0.005%$195K$138K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.55−0.037%$965K$706K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.41−0.111%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.60−0.011%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.58−0.021%$527K$340K20xas long as short
Bybit EWYUSDT+0.0145%8h189.66+0.021%$5.3M$4.2M100xas long as short
Paradex EWY-USD-PERP+0.0149%8h189.64+0.008%$235xas long as short
tradeXYZ xyz:EWYshort+0.0170%1h189.55−0.037%$6.3M$14.8M20x
Bitget EWYUSDTlong+0.0204%8h189.62long leg$2.6M$1.6M20x
HTX EWY-USDT+0.0210%8h189.67+0.026%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0232%1h189.54−0.042%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0294%8h189.67+0.026%$4.0M$4.1M50xas long as short
Aster EWYUSDT+0.0523%8h189.50−0.062%$294K$12K20xas long as short
Variational Omni EWY+0.0600%8h189.67+0.027%$1.5M$983Kas long as short
edgeX EWYUSDC+0.0613%4h189.67+0.024%$425K$276K20xas long as short
BloFin EWY-USDT+0.0623%8h189.61−0.005%$47K$214K50xas long as short
MEXC EWY_USDT+0.0637%8h189.57−0.026%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0640%1h189.53−0.050%$304K$392K10xas long as short
Binance EWYUSDT+0.0642%8h189.56−0.032%$28.5M$80.0M50xas long as short
GRVT EWY_USDT_Perp+0.0645%8h189.64+0.009%$750K$399K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0647%1h189.61−0.005%$2K$13K20xas long as short