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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.038%
Price spread now: Popdex against Extended+0.057%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$170.173% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.057%, 7d avg +0.029%
Together, before fees−0.048%+ Points / potential airdropExtended: Active · farm board−$5 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: Popdex is 0.027% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EWY_24_5-USD189.820.0048pay 0.0006% / 1h48m 48s$301K$669K10x
ShortPopdex EWYUSDT189.930.0048get 0.0006% / 1h48m 48s$198K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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: +0.057% → +0.029%
$2.74
Slippage, 4 orders
−$5.94
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$14.6
Costs to cover
0.173%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Popdex: live order book, 5 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, 4 min ago0.03 bp2.8 bp −$36.4 bp −$64doesn't fitdoesn't fit
Sell Popdex live order book, 5 min ago0.79 bp5.1 bp −$59.0 bp −$90doesn'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%8h189.97+0.077%$295K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.92+0.052%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.92+0.052%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h189.84+0.009%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.90+0.041%$2.7M$2.0M20xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.04+0.117%$752K$396K10xas long as short
SunX EWY-USDT0.0000%8h189.81−0.006%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.87+0.025%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.136%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.84+0.009%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY+0.0006%8h190.00+0.095%$1.2M$1.1Mas long as short
Lighter EWY+0.0032%1h189.81−0.006%$384K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.05+0.120%$220K25xas long as short
Extended EWY_24_5-USDlong+0.0048%1h189.82long leg$301K$669K10x
Popdex EWYUSDTshort+0.0048%1h189.93+0.057%$198K$147K20x
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.004%$530K$293K20xas long as short
Binance EWYUSDT+0.0049%8h189.89+0.036%$27.7M$76.4M50xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.78−0.022%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.88+0.030%$30K$65K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.78−0.022%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.90+0.041%$743$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.81−0.006%$198K$267K10xas long as short
MEXC EWY_USDT+0.0051%8h189.83+0.004%$6.2M$3.8M100xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.94+0.063%$235xas long as short
BloFin EWY-USDT+0.0064%8h189.90+0.041%$47K$213K50xas long as short
KuCoin EWYUSDTM+0.0100%8h189.84+0.009%$978K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.06+0.125%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.90+0.041%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0144%1h189.88+0.030%$28K$12K20xas long as short
edgeX EWYUSDC+0.0307%4h190.03+0.108%$426K$284K20xas long as short