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−0.0225%/8h= −24.7% APRpaid last 24h −0.016%
Price spread now: Bitget against Deribit+0.069%48s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bitget is 0.069% dearer against Deribit than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL187.490.0070pay 0.0009% / 1h15m 28s$2K$14K20x
ShortBitget EWYUSDT187.62−0.0155pay 0.0155% / 8h2h 15m$2.6M$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Deribit. 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
−$47.28
Price spread: +0.069% → 0.000%
$6.93
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$59.34
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Bitget live order book, 2 min ago0.80 bp10.3 bp −$1016.1 bp −$16127.0 bp −$2,70474.5 bp −$37.2K
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0424%1h187.47−0.011%$28K$12K20xas long as short
Bitget EWYUSDTshort−0.0155%8h187.62+0.069%$2.6M$2.3M20x
BloFin EWY-USDT−0.0023%8h187.70+0.112%$48K$215K50xas long as short
Aster EWYUSDT0.0000%8h187.65+0.086%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.56+0.037%$240K$500K10xas long as short
Binance EWYUSDT0.0000%8h187.62+0.069%$27.3M$80.7M50xas long as short
Bybit EWYUSDT0.0000%8h187.64+0.080%$4.9M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.59+0.053%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.64+0.080%$4.1M$4.1M50xas long as short
MEXC EWY_USDT0.0000%8h187.60+0.059%$8.9M$4.2M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.52+0.018%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.93+0.233%$743K$426K10xas long as short
SunX EWY-USDT0.0000%8h187.57+0.043%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.83+0.181%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.62+0.069%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.40−0.048%$380K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.55+0.032%$522K$278K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.30−0.101%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.59+0.053%$197K$149K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.50+0.005%$6.3M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h187.60+0.059%$125K$111K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.40−0.048%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.54+0.027%$735$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.56+0.037%$214K$316K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h187.55+0.033%$235xas long as short
Deribit EWY_USDC-PERPETUALlong+0.0070%1h187.49long leg$2K$14K20x
KuCoin EWYUSDTM+0.0100%8h187.57+0.043%$966K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.56+0.037%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.62+0.069%$2K$1K20xas long as short
edgeX EWYUSDC+0.0144%4h187.75+0.140%$421K$285K20xas long as short