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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.048%
Price spread now: GRVT against Bybit−0.041%100s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.041%, 7d avg −0.024%
Together, before fees+0.066%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT187.520get 0.0000% / 8h1h 05m$4.9M$4.9M100x
ShortGRVT EWY_USDT_Perp187.440get 0.0000% / 8h1h 05m$741K$419K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
Price spread: −0.041% → −0.024%
−$1.71
Slippage, 4 orders
−$19.26
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$40.97
Costs to cover
0.393%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; GRVT: live order book, 37 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, 2 min ago0.27 bp9.1 bp −$911.8 bp −$118doesn't fitdoesn't fit
Sell GRVT live order book, 37 min ago3.72 bp12.5 bp −$1217.6 bp −$176doesn'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
Bitget EWYUSDT−0.0320%8h187.53+0.005%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0028%8h187.54+0.011%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h187.48−0.019%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.47−0.028%$239K$496K10xas long as short
Binance EWYUSDT0.0000%8h187.52−0.002%$27.2M$81.5M50xas long as short
Bybit EWYUSDTlong0.0000%8h187.52long leg$4.9M$4.9M100x
OKX EWY-USDT-SWAP0.0000%8h187.49−0.016%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.53+0.005%$4.0M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h187.50−0.011%$8.5M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.40−0.064%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perpshort0.0000%8h187.44−0.041%$741K$419K10x
SunX EWY-USDT0.0000%8h187.40−0.064%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.520.000%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.51−0.005%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.30−0.117%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0032%1h187.21−0.165%$220K25xas long as short
Hotstuff EWY-PERP+0.0040%1h187.41−0.059%$28K$12K20xas long as short
Popdex EWYUSDT+0.0048%1h187.49−0.016%$197K$152K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.31−0.112%$520K$260K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.40−0.064%$6.2M$14.2M20xas long as short
Entropy io:EWY+0.0050%1h187.36−0.085%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.33−0.101%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.44−0.043%$743$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.35−0.091%$221K$326K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h187.50−0.012%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h187.22−0.160%$964K$600K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.49−0.016%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.49−0.016%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0124%1h187.43−0.048%$2K$14K20xas long as short
edgeX EWYUSDC+0.0581%4h187.42−0.054%$420K$285K20xas long as short