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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.002%
Price spread now: tradeXYZ against Bybit−0.096%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 7 days+0.039%+$4 · spread now −0.096%, 7d avg −0.092%
Together, before fees+0.063%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.092%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT187.890get 0.0000% / 8h1h 39m$4.9M$4.8M100x
ShorttradeXYZ xyz:EWY187.710.0050get 0.0006% / 1h39m 58s$6.4M$14.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.096% → −0.092%
−$0.38
Slippage, 4 orders
−$7.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$26.62
Costs to cover
0.367%
Break-even
24.7 days
Slippage from Bybit: live order book, 3 min ago; tradeXYZ: live order book, 9 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, 3 min ago0.53 bp7.9 bp −$810.4 bp −$104doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.53 bp10.0 bp −$1012.7 bp −$127doesn'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−0.0151%8h187.87−0.011%$2.7M$2.3M20xas long as short
Hotstuff EWY-PERP−0.0016%1h187.77−0.064%$28K$12K20xas long as short
BloFin EWY-USDT−0.0011%8h187.87−0.011%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h187.79−0.056%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.80−0.049%$239K$498K10xas long as short
Binance EWYUSDT0.0000%8h187.82−0.037%$27.2M$81.9M50xas long as short
Bybit EWYUSDTlong0.0000%8h187.89long leg$4.9M$4.8M100x
OKX EWY-USDT-SWAP0.0000%8h187.77−0.064%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.83−0.032%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.83−0.032%$8.6M$4.5M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.81−0.041%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h188.00+0.060%$744K$425K10xas long as short
SunX EWY-USDT0.0000%8h187.81−0.043%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.97+0.043%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.82−0.037%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.67−0.117%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0045%1h187.58−0.165%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.91+0.011%$197K$151K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.84−0.027%$522K$273K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h187.71−0.096%$6.4M$14.4M20x
Entropy io:EWY+0.0050%1h187.78−0.059%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.68−0.112%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.79−0.053%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.75−0.075%$224K$317K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h187.86−0.014%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.69−0.106%$966K$595K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.50−0.208%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.82−0.037%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0123%1h187.79−0.053%$2K$14K20xas long as short
edgeX EWYUSDC+0.0599%4h187.98+0.047%$421K$286K20xas long as short