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−0.0606%/8h= −66.3% APRpaid last 24h −0.183%
Price spread now: Coinbase International against edgeX+0.045%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.929%−$93 on $10k
Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.045%, 7d avg −0.063%
Together, before fees−1.024%+ Points / potential airdropedgeX: Active · farm board−$102 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.108% dearer against edgeX than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.063%): +$11 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EWYUSDC186.560.0662pay 0.0331% / 4h20m 33s$418K$289K20x
ShortCoinbase International EWY-PERP-INTX186.640.0056get 0.0007% / 1h20m 33s$518K$254K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$127.22
Price spread: +0.045% → −0.063%
$10.79
Slippage, 4 orders
−$13.01
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$148.43
Costs to cover
0.320%
Break-even
never at this rate
Slippage from edgeX: live order book, 18 min ago; Coinbase International: live order book, 18 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, 18 min ago5.08 bp9.8 bp −$1014.5 bp −$145doesn't fitdoesn't fit
Sell Coinbase International live order book, 18 min ago0.54 bp6.3 bp −$611.0 bp −$110doesn'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−0.1568%1h186.64+0.045%$28K$12K20xas long as short
Bitget EWYUSDT−0.0529%8h186.74+0.099%$3.0M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0015%1h186.22−0.180%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.73+0.092%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.64+0.045%$237K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.70+0.076%$27.1M$83.0M50xas long as short
Bybit EWYUSDT0.0000%8h186.70+0.077%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.60+0.024%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.71+0.083%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h186.65+0.050%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.65+0.052%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.54−0.008%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.52−0.019%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.77+0.115%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.69+0.072%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0012%8h186.71+0.083%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.49−0.035%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.72+0.088%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.53−0.014%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.53−0.014%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.54−0.009%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.63+0.040%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.45−0.057%$224K$326K10xas long as short
Coinbase International EWY-PERP-INTXshort+0.0056%1h186.64+0.045%$518K$254K20x
Paradex EWY-USD-PERP+0.0058%8h186.66+0.054%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.51−0.025%$961K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.58+0.013%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.68+0.066%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0179%1h186.60+0.024%$2K$14K20xas long as short
edgeX EWYUSDClong+0.0662%4h186.56long leg$418K$289K20x