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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0432%/8h= +47.3% APRpaid last 24h +0.093%
Price spread now: edgeX against Extended+0.120%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs+$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.841%+$84 on $10k
Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.120%, 7d avg +0.016%
Together, before fees+0.856%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$86 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.104% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EWY_24_5-USD189.950.0544pay 0.0068% / 1h44m 51s$304K$670K10x
ShortedgeX EWYUSDC190.180.0976get 0.0488% / 4h2h 44m$426K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
$90.67
Price spread: +0.120% → +0.016%
$10.39
Slippage, 4 orders
−$12.22
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$74.84
Costs to cover
0.262%
Break-even
1.2 days
Slippage from Extended: live order book, 23 min ago; edgeX: live order book, 24 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 Extended live order book, 23 min ago0.03 bp2.8 bp −$37.3 bp −$73doesn't fitdoesn't fit
Sell edgeX live order book, 24 min ago5.25 bp10.4 bp −$1014.3 bp −$143doesn'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−0.0024%1h190.06+0.058%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.06+0.058%$5.2M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.97+0.010%$4.0M$3.5M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.39+0.233%$753K$384K10xas long as short
SunX EWY-USDT0.0000%8h190.13+0.094%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.94−0.006%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.48+0.279%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.98+0.015%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.85−0.053%$385K$37K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.25+0.158%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.09+0.073%$197K$142K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h190.28+0.173%$531K$339K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.92−0.016%$6.2M$14.1M20xas long as short
Entropy io:EWY+0.0050%1h190.14+0.100%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.86−0.048%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.00+0.026%$595$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.91−0.021%$230K$234K10xas long as short
Paradex EWY-USD-PERP+0.0063%8h190.13+0.092%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.99+0.021%$979K$635K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.15+0.105%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.00+0.026%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0235%8h190.01+0.031%$4.2M$3.4M50xas long as short
Bitget EWYUSDT+0.0387%8h190.03+0.042%$2.8M$1.6M20xas long as short
Aster EWYUSDT+0.0427%8h190.02+0.035%$295K$12K20xas long as short
Variational Omni EWY+0.0518%8h190.19+0.124%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0541%8h189.98+0.017%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0542%8h190.00+0.026%$7.0M$4.1M100xas long as short
Extended EWY_24_5-USDlong+0.0544%1h189.95long leg$304K$670K10x
BloFin EWY-USDT+0.0565%8h190.43+0.252%$2K$214K50xas long as short
edgeX EWYUSDCshort+0.0976%4h190.18+0.120%$426K$283K20x