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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: tradeXYZ against Coinbase International−0.053%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.053%, 7d avg −0.005%
Together, before fees+0.084%+ Points / potential airdroptradeXYZ: Active · farm board+$8 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: tradeXYZ is 0.048% cheaper against Coinbase International than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EWY-PERP-INTX187.850.0048pay 0.0006% / 1h40m 32s$522K$273K20x
ShorttradeXYZ xyz:EWY187.750.0050get 0.0006% / 1h40m 32s$6.4M$14.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Coinbase International. 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
$0.42
Price spread: −0.053% → −0.005%
−$4.82
Slippage, 4 orders
−$12.54
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$44.94
Costs to cover
0.405%
Break-even
756.0 days
Slippage from Coinbase International: live order book, 3 min ago; tradeXYZ: live order book, 8 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 Coinbase International live order book, 3 min ago3.99 bp9.0 bp −$913.4 bp −$134doesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 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%8h187.99+0.075%$2.7M$2.3M20xas long as short
Hotstuff EWY-PERP−0.0016%1h187.77−0.043%$28K$12K20xas long as short
BloFin EWY-USDT−0.0011%8h187.87+0.011%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h187.83−0.011%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.84−0.004%$239K$498K10xas long as short
Binance EWYUSDT0.0000%8h187.89+0.020%$27.2M$81.9M50xas long as short
Bybit EWYUSDT0.0000%8h187.96+0.059%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.88+0.016%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.90+0.027%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.88+0.016%$8.6M$4.5M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.81−0.020%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h188.00+0.081%$744K$425K10xas long as short
SunX EWY-USDT0.0000%8h187.78−0.037%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.97+0.064%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.87+0.011%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.71−0.075%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0045%1h187.60−0.133%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.91+0.032%$197K$151K20xas long as short
Coinbase International EWY-PERP-INTXlong+0.0048%1h187.85long leg$522K$273K20x
tradeXYZ xyz:EWYshort+0.0050%1h187.75−0.053%$6.4M$14.4M20x
Entropy io:EWY+0.0050%1h187.78−0.037%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.66−0.101%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.80−0.027%$755$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.75−0.053%$224K$317K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h187.86+0.007%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.71−0.075%$965K$595K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.50−0.186%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.83−0.011%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0176%1h187.81−0.021%$2K$14K20xas long as short
edgeX EWYUSDC+0.0599%4h187.98+0.069%$421K$286K20xas long as short