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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h −0.050%
Price spread now: Popdex against BloFin−0.096%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.096%, 7d avg −0.003%
Together, before fees+0.108%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.093% cheaper against BloFin than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.003%). If the spread goes back, that is −$9 on $10k: about 4.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT188.08−0.0015get 0.0015% / 8h1h 54m$47K$216K50x
ShortPopdex EWYUSDT187.900.0048get 0.0006% / 1h54m 32s$197K$150K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$13.26
Price spread: −0.096% → −0.003%
−$9.29
Slippage, 4 orders
−$7.48
Fee BloFin: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$21.91
Costs to cover
0.259%
Break-even
18.6 days
Slippage from BloFin: live order book, 21 min ago; Popdex: live order book, 54 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, 21 min ago0.27 bp6.3 bp −$68.7 bp −$8715.5 bp −$1,548doesn't fit
Sell Popdex live order book, 54 min ago1.06 bp5.2 bp −$59.0 bp −$90doesn'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−0.0097%8h187.99−0.048%$2.7M$2.3M20xas long as short
Deribit EWY_USDC-PERPETUAL−0.0016%1h188.07−0.005%$2K$14K20xas long as short
BloFin EWY-USDTlong−0.0015%8h188.08long leg$47K$216K50x
Aster EWYUSDT0.0000%8h188.03−0.025%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.93−0.077%$241K$500K10xas long as short
Binance EWYUSDT0.0000%8h187.96−0.066%$27.3M$81.5M50xas long as short
Bybit EWYUSDT0.0000%8h187.96−0.064%$4.9M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.79−0.154%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.94−0.074%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.00−0.043%$7.9M$4.2M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h188.18+0.054%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h188.29+0.109%$744K$422K10xas long as short
SunX EWY-USDT0.0000%8h188.06−0.011%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.27+0.101%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.12+0.021%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.02−0.032%$381K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.75−0.175%$220K25xas long as short
Popdex EWYUSDTshort+0.0048%1h187.90−0.096%$197K$150K20x
Coinbase International EWY-PERP-INTX+0.0048%1h188.61+0.282%$524K$274K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.79−0.154%$6.3M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.13+0.027%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.74−0.181%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.10+0.011%$756$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.49+0.218%$215K$319K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h188.03−0.024%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h188.00−0.043%$968K$598K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.27+0.101%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.12+0.021%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0168%1h188.01−0.037%$28K$12K20xas long as short
edgeX EWYUSDC+0.0761%4h188.49+0.217%$423K$283K20xas long as short