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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.070%
Price spread now: Binance against Gate−0.059%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 7 days+0.055%+$6 · spread now −0.059%, 7d avg 0.000%
Together, before fees+0.231%+$23 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: Binance is 0.059% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT186.340get 0.0000% / 8h7h 56m$4.1M$4.3M50x
ShortBinance EWYUSDT186.230get 0.0000% / 8h7h 56m$27.0M$82.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: −0.059% → 0.000%
−$5.95
Slippage, 4 orders
−$8.88
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$39.82
Costs to cover
0.339%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 1 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 Gate live order book, 2 min ago1.88 bp9.4 bp −$920.5 bp −$20544.5 bp −$4,44579.7 bp −$39.9K
Sell Binance live order book, 1 min ago0.27 bp5.6 bp −$67.6 bp −$7622.8 bp −$2,276doesn'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
Bitget EWYUSDT−0.0610%8h186.32−0.011%$3.1M$2.6M20xas long as short
Hotstuff EWY-PERP−0.0128%1h186.10−0.129%$28K$15K20xas long as short
Vest EWY-USD-PERP−0.0034%1h185.75−0.317%$235K25xas long as short
BloFin EWY-USDT−0.0004%8h186.20−0.075%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h186.30−0.023%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.20−0.074%$240K$919K10xas long as short
Binance EWYUSDTshort0.0000%8h186.23−0.059%$27.0M$82.8M50x
OKX EWY-USDT-SWAP0.0000%8h186.26−0.043%$4.1M$4.6M50xas long as short
Gate EWY_USDTlong0.0000%8h186.34long leg$4.1M$4.3M50x
MEXC EWY_USDT0.0000%8h186.29−0.027%$7.8M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.38+0.021%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.30−0.023%$731K$420K10xas long as short
SunX EWY-USDT0.0000%8h186.20−0.075%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.35+0.005%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.25−0.048%$1.6M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0019%1h186.13−0.113%$3K$15K20xas long as short
Lighter EWY+0.0032%1h186.15−0.102%$377K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.23−0.059%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.23−0.059%$6.4M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h186.18−0.086%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.06−0.150%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.15−0.102%$743$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.17−0.091%$234K$336K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h186.26−0.040%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.75+0.220%$961K$605K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.23−0.059%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.24−0.054%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h186.04−0.161%$516K$251K20xas long as short
Bybit EWYUSDT+0.0234%8h186.28−0.032%$4.9M$4.9M100xas long as short
edgeX EWYUSDC+0.0253%4h186.31−0.016%$418K$284K20xas long as short