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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h −0.100%
Price spread now: Deribit against edgeX−0.102%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.102% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EWYUSDC190.080.0047pay 0.0023% / 4h3h 33m$426K$283K20x
ShortDeribit EWY_USDC-PERPETUAL189.890get 0.0000% / 1h33m 14s$2K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$9.83
Price spread: −0.102% → 0.000%
−$10.25
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$36.07
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 40 min ago; Deribit: no order-book sample. 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 edgeX live order book, 40 min ago5.54 bp10.4 bp −$1015.1 bp −$151doesn't fitdoesn't fit
Sell Deribit no order-book sample
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
Bybit EWYUSDT0.0000%8h189.96−0.066%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h189.90−0.097%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.06−0.011%$752K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.90−0.097%$2.7M20xas long as short
Deribit EWY_USDC-PERPETUALshort0.0000%1h189.89−0.102%$2K$13K20x
HTX EWY-USDT0.0000%8h190.23+0.076%$26K$28K20xas long as short
Phemex EWYUSDT0.0000%8h189.90−0.097%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.78−0.160%$378K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.07−0.008%$220K25xas long as short
edgeX EWYUSDClong+0.0047%4h190.08long leg$426K$283K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h189.90−0.097%$195K$143K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.83−0.134%$6.3M$15.0M20xas long as short
Entropy io:EWY+0.0050%1h190.00−0.045%$52K$58K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.72−0.192%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.90−0.097%$408$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.84−0.129%$229K$233K10xas long as short
Paradex EWY-USD-PERP+0.0089%8h189.86−0.120%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.91−0.092%$979K$671K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.18+0.050%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.90−0.097%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.77−0.166%$530K$338K20xas long as short
OKX EWY-USDT-SWAP+0.0308%8h190.00−0.045%$4.1M$3.6M50xas long as short
Bitget EWYUSDT+0.0317%8h189.95−0.071%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0512%8h189.94−0.074%$294K$12K20xas long as short
Hotstuff EWY-PERP+0.0592%1h189.83−0.134%$28K$12K20xas long as short
BloFin EWY-USDT+0.0613%8h189.96−0.066%$47K$214K50xas long as short
Variational Omni EWY+0.0618%8h190.12+0.016%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0632%1h189.86−0.118%$299K$719K10xas long as short
Binance EWYUSDT+0.0635%8h189.90−0.097%$28.6M$78.1M50xas long as short
MEXC EWY_USDT+0.0638%8h189.91−0.092%$7.5M$4.5M100xas long as short