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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h −0.013%
Price spread now: Extended against BloFin+0.031%54s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.182% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.031%, 7d avg −0.033%
Together, before fees−0.056%+ Points / potential airdropExtended: Active · farm board−$6 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 Extended is 0.065% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.033%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT189.24−0.0030get 0.0030% / 8h3h 22m$48K$214K50x
ShortExtended EWY_24_5-USD189.300get 0.0000% / 1h22m 17s$300K$667K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$6.3
Price spread: +0.031% → −0.033%
$6.45
Slippage, 4 orders
−$1.22
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$5.47
Costs to cover
0.182%
Break-even
13.1 days
Slippage from BloFin: live order book, 69 min ago; Extended: live order book, 31 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, 69 min ago0.26 bp6.3 bp −$67.2 bp −$7213.3 bp −$1,327doesn't fit
Sell Extended live order book, 31 min ago0.03 bp2.8 bp −$36.8 bp −$68doesn'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
BloFin EWY-USDTlong−0.0030%8h189.24long leg$48K$214K50x
Aster EWYUSDT0.0000%8h189.30+0.031%$293K$12K20xas long as short
Extended EWY_24_5-USDshort0.0000%1h189.30+0.031%$300K$667K10x
Binance EWYUSDT0.0000%8h189.37+0.070%$27.7M$77.4M50xas long as short
Bybit EWYUSDT0.0000%8h189.36+0.063%$5.1M$4.3M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.26+0.011%$4.3M$4.0M50xas long as short
Gate EWY_USDT0.0000%8h189.25+0.005%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h189.38+0.074%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h189.47+0.122%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.37+0.069%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h189.39+0.078%$749K$402K10xas long as short
SunX EWY-USDT0.0000%8h189.240.000%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.23−0.005%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h189.44+0.106%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.38+0.074%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.22−0.011%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.26+0.011%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.25+0.005%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.50+0.137%$527K$291K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.19−0.026%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.33+0.048%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.14−0.053%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.240.000%$739$4K10xas long as short
Paradex EWY-USD-PERP+0.0050%8h189.26+0.010%$235xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.29+0.026%$201K$302K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.26+0.011%$975K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.45+0.111%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.30+0.032%$2K$1K20xas long as short
edgeX EWYUSDC+0.0309%4h189.49+0.131%$425K$283K20xas long as short
Hotstuff EWY-PERP+0.0400%1h189.13−0.058%$28K$12K20xas long as short