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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against Bybit−0.016%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 7 days−0.010%−$1 · spread now −0.016%, 7d avg −0.007%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT189.500get 0.0000% / 8h3h 29m$5.1M$4.3M100x
ShortBinance EWYUSDT189.470.0001get 0.0001% / 8h3h 29m$27.7M$77.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0.17
Price spread: −0.016% → −0.007%
−$0.92
Slippage, 4 orders
−$5.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$27.38
Costs to cover
0.266%
Break-even
1133.6 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 13 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 Bybit live order book, 4 min ago0.26 bp6.9 bp −$79.9 bp −$99doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.26 bp5.3 bp −$57.0 bp −$7021.1 bp −$2,111doesn'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
Deribit EWY_USDC-PERPETUAL−0.0014%1h189.34−0.084%$2K$13K20xas long as short
BloFin EWY-USDT−0.0012%8h189.48−0.011%$48K$214K50xas long as short
Aster EWYUSDT0.0000%8h189.48−0.009%$294K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.42−0.045%$300K$667K10xas long as short
Bybit EWYUSDTlong0.0000%8h189.50long leg$5.1M$4.3M100x
OKX EWY-USDT-SWAP0.0000%8h189.46−0.021%$4.3M$3.9M50xas long as short
Gate EWY_USDT0.0000%8h189.49−0.005%$4.1M$3.9M50xas long as short
Bitget EWYUSDT0.0000%8h189.51+0.005%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.54+0.022%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.58+0.041%$750K$401K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h189.67+0.090%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.49−0.005%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.51+0.005%$1.7M$37K10xas long as short
Binance EWYUSDTshort+0.0001%8h189.47−0.016%$27.7M$77.4M50x
MEXC EWY_USDT+0.0004%8h189.500.000%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.32−0.095%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.58+0.042%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.43−0.037%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.23−0.142%$527K$290K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.40−0.053%$6.2M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h189.52+0.011%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.27−0.121%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.48−0.011%$747$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.47−0.016%$206K$303K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.48−0.012%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.33−0.090%$976K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.52+0.011%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.47−0.016%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0424%1h189.49−0.005%$28K$12K20xas long as short
edgeX EWYUSDC+0.0620%4h189.53+0.014%$425K$285K20xas long as short