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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h −0.018%
Price spread now: Gate against Bybit0.000%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 7 days+0.017%+$2 · spread now 0.000%, 7d avg −0.007%
Together, before fees−0.091%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT187.670get 0.0000% / 8h6h 20m$4.9M$4.7M100x
ShortGate EWY_USDT187.670.0074get 0.0074% / 8h6h 20m$4.0M$4.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$15.54
Price spread: 0.000% → −0.007%
$0.68
Slippage, 4 orders
−$18.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$28.03
Costs to cover
0.443%
Break-even
19.6 days
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 1 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 ago0.53 bp8.5 bp −$812.9 bp −$129136.6 bp −$13.7Kdoesn't fit
Sell Gate live order book, 1 min ago2.66 bp15.6 bp −$1624.8 bp −$24847.8 bp −$4,77683.4 bp −$41.7K

EWY on 30 exchanges

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−0.0122%8h187.61−0.032%$3.1M$2.9M20xas long as short
Aster EWYUSDT0.0000%8h187.53−0.072%$290K$14K20xas long as short
Bybit EWYUSDTlong0.0000%8h187.67long leg$4.9M$4.7M100x
OKX EWY-USDT-SWAP0.0000%8h187.57−0.053%$4.0M$4.7M50xas long as short
SunX EWY-USDT0.0000%8h187.34−0.176%$1.9M20xas long as short
Phemex EWYUSDT0.0000%8h187.64−0.016%$1.7M$37K10xas long as short
Variational Omni EWY+0.0018%8h187.61−0.034%$1.2M$909Kas long as short
BloFin EWY-USDT+0.0032%8h187.61−0.032%$48K$227K50xas long as short
Lighter EWY+0.0032%1h187.47−0.107%$380K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.80+0.069%$215K25xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT+0.0047%8h187.59−0.043%$7.4M$4.3M100xas long as short
Extended EWY_24_5-USD+0.0048%1h187.54−0.071%$234K$909K10xas long as short
Popdex EWYUSDT+0.0048%1h187.66−0.005%$199K$166K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.46−0.112%$5.8M$15.2M20xas long as short
Entropy io:EWY+0.0050%1h187.57−0.053%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.73+0.032%$4K$5K20xas long as short
SoDEX EWY-USD+0.0050%1h187.60−0.037%$768$3K10xas long as short
Binance EWYUSDT+0.0050%8h187.63−0.020%$26.3M$83.4M50xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.45−0.117%$227K$317K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h187.73+0.031%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0070%1h187.62−0.027%$3K$14K20xas long as short
Gate EWY_USDTshort+0.0074%8h187.670.000%$4.0M$4.6M50x
KuCoin EWYUSDTM+0.0100%8h187.43−0.128%$964K$680K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.83+0.085%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.63−0.021%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h187.79+0.064%$521K$248K20xas long as short
HTX EWY-USDT+0.0184%8h187.77+0.053%$22K$35K20xas long as short
Hotstuff EWY-PERP+0.0192%1h187.51−0.085%$28K$16K20xas long as short
edgeX EWYUSDC+0.0274%4h187.79+0.063%$421K$285K20xas long as short
GRVT EWY_USDT_Perp+0.0667%8h187.76+0.049%$735K$410K10xas long as short