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−0.0383%/8h= −42.0% APRpaid last 24h −0.125%
Price spread now: MEXC against edgeX+0.015%83s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.909%−$91 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.015%, 7d avg +0.011%
Together, before fees−0.923%+ Points / potential airdropedgeX: Active · farm board−$92 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EWYUSDC187.270.0383pay 0.0192% / 4h1h 00m$420K$286K20x
ShortMEXC EWY_USDT187.300get 0.0000% / 8h1h 00m$8.5M$4.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$80.48
Price spread: +0.015% → +0.011%
$0.46
Slippage, 4 orders
−$12.43
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$101.44
Costs to cover
0.214%
Break-even
never at this rate
Slippage from edgeX: live order book, 43 min ago; MEXC: live order book, 3 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, 43 min ago5.32 bp10.0 bp −$1014.4 bp −$144doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.27 bp0.3 bp $00.3 bp −$32.7 bp −$274100.4 bp −$50.2K

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
Bitget EWYUSDT−0.0350%8h187.34+0.037%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0030%8h187.26−0.006%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h187.270.000%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.24−0.017%$238K$550K10xas long as short
Binance EWYUSDT0.0000%8h187.30+0.016%$27.1M$81.6M50xas long as short
Bybit EWYUSDT0.0000%8h187.32+0.026%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.21−0.033%$4.1M$4.4M50xas long as short
Gate EWY_USDT0.0000%8h187.31+0.021%$4.0M$4.4M50xas long as short
MEXC EWY_USDTshort0.0000%8h187.30+0.015%$8.5M$4.5M100x
Variational Omni EWY0.0000%8h187.22−0.026%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.22−0.028%$740K$418K10xas long as short
SunX EWY-USDT0.0000%8h187.23−0.022%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.23−0.022%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.27−0.001%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.33+0.031%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0024%1h186.92−0.187%$220K25xas long as short
Lighter EWY+0.0032%1h187.14−0.070%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.27−0.001%$196K$152K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.13−0.075%$520K$257K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.11−0.086%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.19−0.043%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.10−0.091%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.24−0.017%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.30+0.015%$221K$326K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h187.19−0.042%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h187.07−0.107%$962K$598K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.44+0.090%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.26−0.006%$2K$1K20xas long as short
edgeX EWYUSDClong+0.0383%4h187.27long leg$420K$286K20x
Hotstuff EWY-PERP+0.0496%1h187.10−0.091%$28K$12K20xas long as short