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+0.0052%/8h= +5.7% APRpaid last 24h −0.050%
Price spread now: tradeXYZ against BloFin−0.096%88s7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.096%, 7d avg −0.087%
Together, before fees+0.060%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT187.04−0.0002get 0.0002% / 8h33m 34s$48K$217K50x
ShorttradeXYZ xyz:EWY186.860.0050get 0.0006% / 1h33m 34s$6.2M$14.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.93
Price spread: −0.096% → −0.087%
−$0.95
Slippage, 4 orders
−$4.8
Fee BloFin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$24.83
Costs to cover
0.348%
Break-even
22.9 days
Slippage from BloFin: live order book, 37 min ago; tradeXYZ: live order book, 5 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, 37 min ago0.53 bp6.5 bp −$76.5 bp −$6513.8 bp −$1,376doesn't fit
Sell tradeXYZ live order book, 5 min ago0.54 bp10.5 bp −$1112.2 bp −$122doesn'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−0.0438%8h187.12+0.043%$2.8M$2.5M20xas long as short
BloFin EWY-USDTlong−0.0002%8h187.04long leg$48K$217K50x
Vest EWY-USD-PERP−0.0001%1h186.58−0.246%$220K25xas long as short
Aster EWYUSDT0.0000%8h187.06+0.012%$290K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.97−0.038%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h187.02−0.011%$27.2M$82.8M50xas long as short
Bybit EWYUSDT0.0000%8h187.02−0.011%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.93−0.059%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h187.05+0.005%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h186.99−0.027%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.02−0.011%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.00−0.024%$739K$416K10xas long as short
SunX EWY-USDT0.0000%8h186.89−0.080%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.09+0.027%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.03−0.005%$1.7M$37K10xas long as short
Hotstuff EWY-PERP+0.0024%1h186.86−0.096%$28K$12K20xas long as short
Lighter EWY+0.0032%1h186.84−0.107%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.02−0.011%$197K$153K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h186.86−0.096%$6.2M$14.4M20x
Entropy io:EWY+0.0050%1h186.90−0.075%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.82−0.118%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.97−0.037%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.87−0.091%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.92−0.064%$519K$246K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.99−0.028%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.89−0.080%$962K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.86−0.096%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.99−0.027%$2K$1K20xas long as short
edgeX EWYUSDC+0.0524%4h187.06+0.012%$419K$285K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0553%1h186.96−0.043%$2K$14K20xas long as short