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+0.0354%/8h= +38.8% APRnext payment +$3.54 per $10,000 · paid last 24h +0.039%
Price spread now: Aster against Bybit+0.006%7-day average −0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.006%, 7d avg −0.018%
Together, before fees−0.034%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Aster is 0.024% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT189.930get 0.0000% / 8h6h 23m$5.1M$4.4M100x
ShortAster EWYUSDT189.940.0354get 0.0354% / 8h6h 23m$294K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$74.42
Price spread: +0.006% → −0.018%
$2.37
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$57.79
Costs to cover
0.190%
Break-even
1.6 days
Slippage unknown: Bybit: live order book, 4 min ago; Aster: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago0.26 bp7.1 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell Aster live order book, 43 min ago1.57 bp7.6 bp −$810.0 bp −$100doesn't fitdoesn't fit

EWY on 29 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
Deribit EWY_USDC-PERPETUAL−0.0066%1h189.85−0.042%$2K$13K20xas long as short
Bybit EWYUSDTlong0.0000%8h189.93long leg$5.1M$4.4M100x
Gate EWY_USDT0.0000%8h189.90−0.016%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.90−0.018%$750K$386K10xas long as short
SunX EWY-USDT0.0000%8h189.85−0.042%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.90−0.016%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.95+0.011%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.80−0.068%$385K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.02+0.047%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.91−0.011%$197K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.195%$529K$331K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.82−0.058%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.82−0.058%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.75−0.095%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.92−0.005%$677$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.75−0.095%$198K$266K10xas long as short
edgeX EWYUSDC+0.0052%4h189.94+0.003%$426K$282K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h189.88−0.027%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.78−0.079%$978K$633K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.86−0.037%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.930.000%$2K$1K20xas long as short
Bitget EWYUSDT+0.0157%8h189.91−0.011%$2.8M$1.9M20xas long as short
OKX EWY-USDT-SWAP+0.0187%8h189.94+0.005%$4.1M$3.5M50xas long as short
Hotstuff EWY-PERP+0.0248%1h189.83−0.053%$28K$12K20xas long as short
Aster EWYUSDTshort+0.0354%8h189.94+0.006%$294K$12K20x
Variational Omni EWY+0.0434%8h189.98+0.028%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0448%1h189.84−0.047%$302K$670K10xas long as short
Binance EWYUSDT+0.0450%8h189.89−0.019%$28.3M$77.5M50xas long as short
MEXC EWY_USDT+0.0451%8h189.87−0.032%$7.0M$4.2M100xas long as short