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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.166%
Price spread now: KuCoin against edgeX−0.126%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2812.808% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.879%−$88 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.126%, 7d avg −0.039%
Together, before fees−0.797%+ Points / potential airdropedgeX: Active · farm board−$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.087% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EWYUSDC189.430.0291pay 0.0146% / 4h3h 18m$425K$284K20x
ShortKuCoin EWYUSDTM189.190.0100get 0.0100% / 8h3h 18m$975K$612K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$40.11
Price spread: −0.126% → −0.039%
−$8.67
Slippage, 4 orders
−$259.76
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$329.55
Costs to cover
2.808%
Break-even
never at this rate
Slippage from edgeX: live order book, 35 min ago; KuCoin: live order book, 26 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, 35 min ago5.26 bp10.2 bp −$1015.1 bp −$151doesn't fitdoesn't fit
Sell KuCoin live order book, 26 min ago7.91 bp91.2 bp −$91doesn't fitdoesn'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
Deribit EWY_USDC-PERPETUAL−0.0226%1h189.12−0.163%$2K$14K20xas long as short
BloFin EWY-USDT−0.0018%8h189.18−0.131%$48K$214K50xas long as short
Aster EWYUSDT0.0000%8h189.12−0.165%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.14−0.153%$300K$665K10xas long as short
Binance EWYUSDT0.0000%8h189.09−0.179%$27.6M$77.4M50xas long as short
Bybit EWYUSDT0.0000%8h189.13−0.157%$5.1M$4.3M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.03−0.210%$4.3M$4.0M50xas long as short
Hotstuff EWY-PERP0.0000%1h189.29−0.073%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h189.18−0.131%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h189.17−0.136%$6.2M$3.8M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget EWYUSDT0.0000%8h189.17−0.136%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.44+0.007%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.46+0.017%$749K$402K10xas long as short
SunX EWY-USDT0.0000%8h189.26−0.089%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.44+0.006%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.21−0.115%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.11−0.168%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.21−0.115%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.22−0.110%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.35−0.041%$527K$291K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.02−0.216%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.22−0.110%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.01−0.221%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.15−0.147%$739$4K10xas long as short
Paradex EWY-USD-PERP+0.0050%8h189.21−0.116%$235xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.24−0.099%$201K$304K10xas long as short
KuCoin EWYUSDTMshort+0.0100%8h189.19−0.126%$975K$612K20x
ApeX Omni EWYUSDT+0.0100%1h189.51+0.043%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.18−0.131%$2K$1K20xas long as short
edgeX EWYUSDClong+0.0291%4h189.43long leg$425K$284K20x