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 +0.017%
Price spread now: OKX against Bybit−0.032%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 7 days+0.018%+$2 · spread now −0.032%, 7d avg −0.005%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.028% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT186.490get 0.0000% / 8h8m 11s$4.9M$4.9M100x
ShortOKX EWY-USDT-SWAP186.430get 0.0000% / 8h8m 11s$4.1M$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.032% → −0.005%
−$2.76
Slippage, 4 orders
−$8.58
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$32.34
Costs to cover
0.296%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 4 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 ago0.27 bp7.8 bp −$810.1 bp −$101doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.27 bp5.8 bp −$69.3 bp −$93doesn'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
Hotstuff EWY-PERP−2.4288%1h186.38−0.059%$29K$13K20xas long as short
Bitget EWYUSDT−0.0587%8h186.56+0.038%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0024%1h185.95−0.290%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.49−0.001%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.39−0.055%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.43−0.032%$27.0M$83.3M50xas long as short
Bybit EWYUSDTlong0.0000%8h186.49long leg$4.9M$4.9M100x
OKX EWY-USDT-SWAPshort0.0000%8h186.43−0.032%$4.1M$4.7M50x
Gate EWY_USDT0.0000%8h186.50+0.005%$4.1M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.45−0.021%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.45−0.021%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.48−0.005%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.31−0.097%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h186.39−0.054%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.064%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.45−0.021%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0004%8h186.50+0.005%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.30−0.102%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.44−0.027%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.33−0.086%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.35−0.075%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.31−0.097%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.43−0.032%$742$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.45−0.021%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.490.000%$517K$252K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.45−0.020%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.34−0.080%$959K$601K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.42−0.038%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.44−0.027%$2K$1K20xas long as short
edgeX EWYUSDC+0.0939%4h186.48−0.003%$418K$285K20xas long as short