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−0.0017%/8h= −1.8% APRnext payment $0.17 per $10,000 · paid last 24h +0.052%
Price spread now: MEXC against Bybit+0.011%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$170.172% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.011%, 7d avg −0.013%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.024% dearer against Bybit than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.013%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT185.310.0017pay 0.0017% / 8h7h 27m$4.9M$4.8M100x
ShortMEXC EWY_USDT185.330get 0.0000% / 8h7h 27m$7.4M$4.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$3.55
Price spread: +0.011% → −0.013%
$2.43
Slippage, 4 orders
−$6.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$18.33
Costs to cover
0.172%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: 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, 5 min ago0.54 bp8.8 bp −$913.8 bp −$138187.6 bp −$18.8Kdoesn't fit
Sell MEXC live order book, 5 min ago0.27 bp0.3 bp $00.7 bp −$73.5 bp −$34799.9 bp −$49.9K

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−0.0499%8h185.36+0.027%$3.1M$2.7M20xas long as short
BloFin EWY-USDT−0.0025%8h185.16−0.081%$48K$219K50xas long as short
Vest EWY-USD-PERP−0.0017%1h184.80−0.275%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.55+0.131%$287K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.29−0.012%$239K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.34+0.016%$26.7M$82.4M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.28−0.016%$4.0M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.34+0.016%$4.0M$4.4M50xas long as short
MEXC EWY_USDTshort0.0000%8h185.33+0.011%$7.4M$4.5M100x
Variational Omni EWY0.0000%8h185.32+0.008%$1.1M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h185.30−0.005%$726K$415K10xas long as short
SunX EWY-USDT0.0000%8h185.36+0.027%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h185.28−0.016%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.29−0.011%$1.6M$36K10xas long as short
Bybit EWYUSDTlong+0.0017%8h185.31long leg$4.9M$4.8M100x
Lighter EWY+0.0032%1h185.09−0.119%$375K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.19−0.065%$194K$158K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.06−0.135%$6.0M$15.2M20xas long as short
Entropy io:EWY+0.0050%1h185.14−0.092%$140K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.02−0.156%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.15−0.086%$738$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h184.92−0.210%$233K$333K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h185.14−0.092%$225xas long as short
Deribit EWY_USDC-PERPETUAL+0.0074%1h185.20−0.059%$3K$15K20xas long as short
KuCoin EWYUSDTM+0.0100%8h185.24−0.038%$954K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.27−0.022%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.26−0.027%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.09−0.119%$513K$249K20xas long as short
Hotstuff EWY-PERP+0.0224%1h185.00−0.167%$27K$16K20xas long as short
edgeX EWYUSDC+0.0522%4h185.28−0.015%$415K$286K20xas long as short