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+0.0011%/8h= +1.2% APRpaid last 24h −0.055%
Price spread now: Lighter against BloFin−0.059%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.059%, 7d avg −0.072%
Together, before fees−0.054%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT186.580.0021pay 0.0021% / 8h13m 19s$48K$217K50x
ShortLighter EWY186.470.0032get 0.0004% / 1h13m 19s$378K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$2.21
Price spread: −0.059% → −0.072%
$1.35
Slippage, 4 orders
−$15.97
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$24.42
Costs to cover
0.280%
Break-even
84.4 days
Slippage from BloFin: live order book, 58 min ago; Lighter: 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 BloFin live order book, 58 min ago0.53 bp6.5 bp −$76.5 bp −$6513.8 bp −$1,376doesn't fit
Sell Lighter live order book, 16 min ago2.41 bp10.1 bp −$1014.6 bp −$14645.5 bp −$4,553doesn'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−0.1976%1h186.49−0.048%$28K$12K20xas long as short
Bitget EWYUSDT−0.0562%8h186.69+0.059%$3.0M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0019%1h186.07−0.273%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.68+0.056%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.56−0.008%$237K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.62+0.021%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.64+0.032%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.60+0.011%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.65+0.038%$4.1M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.62+0.021%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.55−0.018%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.60+0.010%$732K$422K10xas long as short
SunX EWY-USDT0.0000%8h186.32−0.139%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.71+0.070%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.62+0.021%$1.6M$37K10xas long as short
BloFin EWY-USDTlong+0.0021%8h186.58long leg$48K$217K50x
Lighter EWYshort+0.0032%1h186.47−0.059%$378K$40K20x
Popdex EWYUSDT+0.0048%1h186.61+0.016%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.43−0.080%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.44−0.075%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.42−0.086%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.580.000%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.41−0.091%$224K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.51−0.038%$517K$254K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.57−0.006%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.50−0.043%$960K$600K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.42−0.086%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.57−0.005%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0340%1h186.54−0.021%$2K$14K20xas long as short
edgeX EWYUSDC+0.0931%4h186.56−0.011%$418K$290K20xas long as short