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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: GRVT against Extended+0.346%72s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.198% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.301%−$30 · spread now +0.346%, 7d avg +0.018%
Together, before fees−0.279%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.328% dearer against Extended than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EWY_24_5-USD187.620get 0.0000% / 1h34m 14s$231K$491K10x
ShortGRVT EWY_USDT_Perp188.270get 0.0000% / 8h2h 34m$744K$414K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.346% → +0.018%
$32.79
Slippage, 4 orders
−$5.8
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$12.99
Costs to cover
0.198%
Break-even
from the start
Slippage from Extended: live order book, 13 min ago; GRVT: live order book, 14 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, 13 min ago0.03 bp2.9 bp −$36.9 bp −$69doesn't fitdoesn't fit
Sell GRVT live order book, 14 min ago1.85 bp7.7 bp −$812.5 bp −$125doesn'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
Aster EWYUSDT0.0000%8h187.68+0.035%$291K$12K20xas long as short
Extended EWY_24_5-USDlong0.0000%1h187.62long leg$231K$491K10x
Binance EWYUSDT0.0000%8h187.66+0.025%$27.2M$78.9M50xas long as short
Bybit EWYUSDT0.0000%8h187.69+0.039%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.62+0.002%$4.1M$4.2M50xas long as short
Gate EWY_USDT0.0000%8h187.67+0.029%$4.1M$4.1M50xas long as short
MEXC EWY_USDT0.0000%8h187.69+0.039%$6.1M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h187.70+0.045%$2.7M$2.3M20xas long as short
Variational Omni EWY0.0000%8h188.00+0.202%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perpshort0.0000%8h188.27+0.346%$744K$414K10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h187.68+0.034%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.54−0.041%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.83+0.114%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.76+0.077%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0027%8h188.11+0.263%$48K$215K50xas long as short
Lighter EWY+0.0032%1h187.50−0.062%$380K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h188.04+0.226%$523K$283K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.61−0.003%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.76+0.077%$196K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.53−0.046%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.91+0.157%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.56−0.030%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.67+0.029%$730$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.97+0.188%$215K$316K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h187.73+0.062%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.64+0.013%$966K$606K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.21+0.316%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.66+0.023%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0440%1h187.62+0.002%$28K$12K20xas long as short
edgeX EWYUSDC+0.0968%4h188.21+0.317%$422K$284K20xas long as short