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+0.0145%/8h= +15.9% APRnext payment +$1.45 per $10,000 · paid last 24h −0.001%
Price spread now: GRVT against BloFin−0.015%102s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 3 days (all we have)+0.052%+$5 · spread now −0.015%, 7d avg −0.020%
Together, before fees+0.023%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT188.850.0365pay 0.0365% / 8h2h 01m$47K$213K50x
ShortGRVT EWY_USDT_Perp188.820.0510get 0.0510% / 8h2h 01m$747K$410K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$30.48
Price spread: −0.015% → −0.020%
$0.51
Slippage, 4 orders
−$9.07
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$0.92
Costs to cover
0.301%
Break-even
6.8 days
Slippage from BloFin: live order book, 14 min ago; GRVT: live order book, 22 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, 14 min ago0.26 bp7.1 bp −$77.9 bp −$7915.3 bp −$1,533doesn't fit
Sell GRVT live order book, 22 min ago1.32 bp7.2 bp −$711.2 bp −$112doesn'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
Bybit EWYUSDT0.0000%8h188.89+0.021%$5.6M$3.5M100xas long as short
Gate EWY_USDT0.0000%8h188.850.000%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.49−0.191%$2.7M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.88+0.016%$2K$13K20xas long as short
Phemex EWYUSDT0.0000%8h188.850.000%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.75−0.053%$375K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.80−0.026%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.86+0.005%$193K$139K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.78−0.037%$6.4M$14.9M20xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.68−0.090%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h188.82−0.016%$775$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.65−0.106%$221K$181K10xas long as short
HTX EWY-USDT+0.0064%8h188.90+0.026%$36K$8K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.80−0.026%$958K$724K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.82−0.016%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.850.000%$2K$1K20xas long as short
Entropy io:EWY+0.0103%1h188.79−0.032%$49K$36K25xas long as short
Bitget EWYUSDT+0.0111%8h188.89+0.021%$2.5M$1.4M20xas long as short
Paradex EWY-USD-PERP+0.0116%8h188.98+0.069%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.92+0.037%$524K$327K20xas long as short
OKX EWY-USDT-SWAP+0.0164%8h188.91+0.032%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0309%8h188.68−0.088%$293K$12K20xas long as short
Hotstuff EWY-PERP+0.0328%1h188.78−0.037%$28K$12K20xas long as short
Variational Omni EWY+0.0342%8h188.87+0.009%$1.4M$890Kas long as short
BloFin EWY-USDTlong+0.0365%8h188.85long leg$47K$213K50x
MEXC EWY_USDT+0.0394%8h188.850.000%$7.5M$4.6M100xas long as short
Extended EWY_24_5-USD+0.0400%1h188.83−0.013%$304K$410K10xas long as short
Binance EWYUSDT+0.0402%8h188.85+0.001%$28.3M$79.6M50xas long as short
GRVT EWY_USDT_Perpshort+0.0510%8h188.82−0.015%$747K$410K10x
edgeX EWYUSDC+0.0794%4h188.83−0.012%$423K$275K20xas long as short