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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0724%/8h= −79.2% APRpaid last 24h −0.080%
Price spread now: Popdex against edgeX+0.027%59s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.484%−$48 on $10k
Price spread, last 3 days (all we have)−0.031%−$3 · spread now +0.027%, 7d avg +0.015%
Together, before fees−0.514%+ Points / potential airdropedgeX: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EWYUSDC189.230.0772pay 0.0386% / 4h1h 07m$424K$274K20x
ShortPopdex EWYUSDT189.280.0048get 0.0006% / 1h7m 51s$195K$138K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$151.95
Price spread: +0.027% → +0.015%
$1.25
Slippage, 4 orders
−$14.82
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$180.92
Costs to cover
0.302%
Break-even
never at this rate
Slippage from edgeX: live order book, 11 min ago; Popdex: live order book, 11 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 ago5.55 bp10.3 bp −$1015.0 bp −$150doesn't fitdoesn't fit
Sell Popdex live order book, 11 min ago0.53 bp4.0 bp −$48.0 bp −$80doesn'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-PERP0.0000%1h189.25+0.011%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h189.19−0.020%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.12−0.057%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.19−0.020%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.10−0.068%$377K$99K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.29+0.032%$217K25xas long as short
Popdex EWYUSDTshort+0.0048%1h189.28+0.027%$195K$138K20x
Entropy io:EWY+0.0050%1h189.13−0.052%$53K$51K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.10−0.068%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.22−0.005%$787$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps EWY-USD.P+0.0050%1h189.18−0.026%$221K$182K10xas long as short
tradeXYZ xyz:EWY+0.0071%1h189.13−0.052%$6.4M$14.8M20xas long as short
Bybit EWYUSDT+0.0085%8h189.34+0.059%$5.2M$4.1M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.16−0.036%$963K$723K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.24+0.006%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.22−0.005%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.24+0.006%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0139%8h189.30+0.036%$235xas long as short
Bitget EWYUSDT+0.0182%8h189.22−0.005%$2.5M$1.5M20xas long as short
HTX EWY-USDT+0.0208%8h189.34+0.059%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0244%8h189.23+0.001%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0332%1h189.22−0.005%$2K$13K20xas long as short
Aster EWYUSDT+0.0498%8h189.19−0.018%$293K$12K20xas long as short
Variational Omni EWY+0.0578%8h189.24+0.006%$1.5M$983Kas long as short
BloFin EWY-USDT+0.0588%8h189.28+0.027%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0608%1h189.13−0.052%$304K$392K10xas long as short
Binance EWYUSDT+0.0609%8h189.17−0.031%$28.5M$79.6M50xas long as short
MEXC EWY_USDT+0.0609%8h189.17−0.031%$7.5M$4.5M100xas long as short
GRVT EWY_USDT_Perp+0.0677%8h189.27+0.023%$749K$402K10xas long as short
edgeX EWYUSDClong+0.0772%4h189.23long leg$424K$274K20x