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+0.0413%/8h= +45.2% APRpaid last 24h +0.131%
Price spread now: edgeX against BloFin+0.006%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs+$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$330.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.908%+$91 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.006%, 7d avg −0.018%
Together, before fees+0.905%+ Points / potential airdropedgeX: Active · farm board+$90 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 0.024% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT187.26−0.0030get 0.0030% / 8h59m 54s$48K$217K50x
ShortedgeX EWYUSDC187.270.0383get 0.0192% / 4h59m 54s$420K$286K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
$86.76
Price spread: +0.006% → −0.018%
$2.39
Slippage, 4 orders
−$12.43
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$55.71
Costs to cover
0.334%
Break-even
2.5 days
Slippage from BloFin: live order book, 11 min ago; edgeX: live order book, 44 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 BloFin live order book, 11 min ago0.53 bp6.5 bp −$76.5 bp −$6513.8 bp −$1,376doesn't fit
Sell edgeX live order book, 44 min ago5.32 bp10.3 bp −$1014.6 bp −$146doesn'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
Bitget EWYUSDT−0.0350%8h187.34+0.043%$2.7M$2.3M20xas long as short
BloFin EWY-USDTlong−0.0030%8h187.26long leg$48K$217K50x
Aster EWYUSDT0.0000%8h187.260.000%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.23−0.016%$243K$557K10xas long as short
Binance EWYUSDT0.0000%8h187.30+0.020%$27.1M$81.6M50xas long as short
Bybit EWYUSDT0.0000%8h187.31+0.027%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.21−0.027%$4.1M$4.4M50xas long as short
Gate EWY_USDT0.0000%8h187.31+0.027%$4.0M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h187.28+0.011%$8.5M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.22−0.020%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.22−0.022%$740K$418K10xas long as short
SunX EWY-USDT0.0000%8h187.23−0.016%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.23−0.016%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.27+0.005%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.33+0.037%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0024%1h186.92−0.182%$220K25xas long as short
Lighter EWY+0.0032%1h187.14−0.064%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.27+0.005%$196K$152K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.13−0.069%$520K$257K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.11−0.080%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.19−0.037%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.10−0.085%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.24−0.011%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.30+0.021%$221K$326K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h187.19−0.036%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h187.07−0.101%$962K$598K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.44+0.096%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.260.000%$2K$1K20xas long as short
edgeX EWYUSDCshort+0.0383%4h187.27+0.006%$420K$286K20x
Hotstuff EWY-PERP+0.0496%1h187.10−0.085%$28K$12K20xas long as short