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+0.0818%/8h= +89.6% APRpaid last 24h +0.056%
Price spread now: edgeX against Bybit−0.103%61s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs+$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.363% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.838%+$84 on $10k
Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.103%, 7d avg −0.025%
Together, before fees+0.920%+ Points / potential airdropedgeX: Active · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.078% cheaper against Bybit than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.025%). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.838% in total) that is about 16 hours. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT189.810.0163pay 0.0163% / 8h22m 35s$5.3M$4.2M100x
ShortedgeX EWYUSDC189.610.0981get 0.0491% / 4h22m 35s$425K$274K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$171.78
Price spread: −0.103% → −0.025%
−$7.8
Slippage, 4 orders
−$16.32
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$127.67
Costs to cover
0.363%
Break-even
1.8 days
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 56 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, 5 min ago0.26 bp7.8 bp −$812.4 bp −$124165.9 bp −$16.6Kdoesn't fit
Sell edgeX live order book, 56 min ago5.55 bp10.2 bp −$1014.1 bp −$141doesn'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
Gate EWY_USDT0.0000%8h189.65−0.084%$3.3M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.46−0.184%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.66−0.079%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.59−0.116%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.78−0.016%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.75−0.032%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.58−0.121%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.59−0.116%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.65−0.084%$777$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.43−0.200%$243K$206K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.63−0.095%$966K$692K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.63−0.095%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.64−0.090%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0140%8h189.73−0.042%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.56−0.132%$527K$339K20xas long as short
Bybit EWYUSDTlong+0.0163%8h189.81long leg$5.3M$4.2M100x
tradeXYZ xyz:EWY+0.0165%1h189.65−0.084%$6.7M$14.7M20xas long as short
HTX EWY-USDT+0.0216%8h189.65−0.084%$36K$8K20xas long as short
Bitget EWYUSDT+0.0216%8h189.80−0.005%$2.6M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0316%8h189.80−0.005%$4.0M$4.1M50xas long as short
Hotstuff EWY-PERP+0.0376%1h189.63−0.095%$28K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0383%1h189.70−0.058%$2K$13K20xas long as short
Aster EWYUSDT+0.0550%8h189.59−0.115%$294K$12K20xas long as short
Variational Omni EWY+0.0641%8h189.61−0.104%$1.5M$983Kas long as short
BloFin EWY-USDT+0.0654%8h189.66−0.079%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0656%8h189.61−0.103%$750K$394K10xas long as short
Extended EWY_24_5-USD+0.0672%1h189.65−0.087%$298K$396K10xas long as short
MEXC EWY_USDT+0.0674%8h189.68−0.068%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0676%8h189.71−0.054%$28.5M$79.8M50xas long as short
edgeX EWYUSDCshort+0.0981%4h189.61−0.103%$425K$274K20x