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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.083%
Price spread now: Binance against edgeX−0.001%60s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.753%−$75 on $10k
Price spread, last 2 days (all we have)−0.010%−$1 · spread now −0.001%, 7d avg +0.012%
Together, before fees−0.763%+ Points / potential airdropedgeX: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EWYUSDC188.930.0584pay 0.0292% / 4h2h 12m$423K$275K20x
ShortBinance EWYUSDT188.920.0349get 0.0349% / 8h2h 12m$28.3M$79.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
−$49.3
Price spread: −0.001% → +0.012%
−$1.24
Slippage, 4 orders
−$12.59
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$82.13
Costs to cover
0.316%
Break-even
never at this rate
Slippage from edgeX: live order book, 11 min ago; Binance: live order book, 15 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 edgeX live order book, 11 min ago5.56 bp10.3 bp −$1014.8 bp −$148doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.26 bp5.7 bp −$67.3 bp −$7322.6 bp −$2,262doesn'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−0.0256%1h188.88−0.024%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h188.98+0.029%$5.6M$3.5M100xas long as short
Gate EWY_USDT0.0000%8h188.88−0.024%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h188.65−0.146%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.93+0.002%$1.7M$37K10xas long as short
HTX EWY-USDT+0.0019%8h188.98+0.029%$36K$8K20xas long as short
Lighter EWY+0.0032%1h188.77−0.082%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.98+0.029%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.93+0.002%$193K$139K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.88−0.024%$6.3M$14.8M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps EWY-USD+0.0050%1h188.79−0.072%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h188.93+0.002%$773$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.79−0.072%$221K$181K10xas long as short
Entropy io:EWY+0.0088%1h188.81−0.061%$49K$36K25xas long as short
Bitget EWYUSDT+0.0098%8h188.95+0.013%$2.6M$1.4M20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.85−0.040%$957K$727K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.71−0.114%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.93+0.002%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0124%8h189.03+0.058%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.92−0.003%$524K$331K20xas long as short
OKX EWY-USDT-SWAP+0.0145%8h189.01+0.045%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0265%8h188.71−0.117%$293K$12K20xas long as short
Variational Omni EWY+0.0289%8h188.930.000%$1.4M$890Kas long as short
Deribit EWY_USDC-PERPETUAL+0.0332%1h188.97+0.023%$2K$13K20xas long as short
BloFin EWY-USDT+0.0333%8h188.98+0.029%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0344%1h188.89−0.017%$304K$410K10xas long as short
MEXC EWY_USDT+0.0346%8h188.92−0.003%$7.5M$4.6M100xas long as short
Binance EWYUSDTshort+0.0349%8h188.92−0.001%$28.3M$79.6M50x
GRVT EWY_USDT_Perp+0.0457%8h188.92−0.002%$747K$419K10xas long as short
edgeX EWYUSDClong+0.0584%4h188.93long leg$423K$275K20x