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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0137%/8h= +14.9% APRnext payment +$1.37 per $10,000 · paid last 24h −0.039%
Price spread now: Bitget against Bybit−0.058%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 7 days+0.052%+$5 · spread now −0.058%, 7d avg −0.003%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.055% cheaper against Bybit than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.003%). If the spread goes back, that is −$6 on $10k: about 32 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT189.230.0024pay 0.0024% / 8h1h 32m$5.2M$4.1M100x
ShortBitget EWYUSDT189.120.0161get 0.0161% / 8h1h 32m$2.5M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$28.67
Price spread: −0.058% → −0.003%
−$5.53
Slippage, 4 orders
−$12.33
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$12.2
Costs to cover
0.353%
Break-even
10.0 days
Slippage from Bybit: live order book, just now; Bitget: 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 Bybit live order book, just now0.26 bp7.1 bp −$712.0 bp −$120193.3 bp −$19.3Kdoesn't fit
Sell Bitget live order book, 5 min ago0.53 bp9.4 bp −$914.0 bp −$14032.7 bp −$3,27074.7 bp −$37.4K

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
Gate EWY_USDT0.0000%8h189.11−0.063%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.82−0.217%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.14−0.048%$1.7M$37K10xas long as short
Bybit EWYUSDTlong+0.0024%8h189.23long leg$5.2M$4.1M100x
Lighter EWY+0.0032%1h189.00−0.122%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.13−0.053%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.10−0.069%$194K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.03−0.106%$6.4M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h188.99−0.127%$49K$36K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.94−0.153%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h189.10−0.069%$781$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.92−0.164%$221K$181K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.08−0.079%$958K$726K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.16−0.037%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.11−0.063%$2K$1K20xas long as short
edgeX EWYUSDC+0.0116%4h189.11−0.066%$424K$274K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.19−0.021%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0141%8h189.26+0.016%$235xas long as short
Bitget EWYUSDTshort+0.0161%8h189.12−0.058%$2.5M$1.4M20x
HTX EWY-USDT+0.0183%8h189.21−0.011%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0218%8h189.16−0.037%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0226%1h189.13−0.053%$2K$13K20xas long as short
Hotstuff EWY-PERP+0.0272%1h189.06−0.090%$28K$12K20xas long as short
Aster EWYUSDT+0.0445%8h188.97−0.136%$293K$12K20xas long as short
Variational Omni EWY+0.0491%8h189.10−0.067%$1.4M$899Kas long as short
BloFin EWY-USDT+0.0517%8h189.18−0.026%$47K$214K50xas long as short
MEXC EWY_USDT+0.0543%8h189.09−0.074%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0544%1h189.06−0.088%$304K$403K10xas long as short
Binance EWYUSDT+0.0548%8h189.10−0.070%$28.5M$79.4M50xas long as short
GRVT EWY_USDT_Perp+0.0636%8h189.14−0.047%$748K$401K10xas long as short