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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0333%/8h= +36.4% APRnext payment +$3.33 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against Gate+0.048%93s7-day average −0.004% · 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−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.206%+$21 on $10k
Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.048%, 7d avg −0.004%
Together, before fees+0.095%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.051% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.206% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT188.890get 0.0000% / 8h2h 11m$3.2M$2.7M50x
ShortBloFin EWY-USDT188.980.0333get 0.0333% / 8h2h 11m$47K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$69.85
Price spread: +0.048% → −0.004%
$5.12
Slippage, 4 orders
−$11.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$36.32
Costs to cover
0.386%
Break-even
3.4 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 4 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, 1 min ago1.32 bp11.0 bp −$1126.9 bp −$26946.4 bp −$4,63781.1 bp −$40.5K
Sell BloFin live order book, 4 min ago0.26 bp6.3 bp −$69.5 bp −$9516.7 bp −$1,675doesn'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−0.0208%1h188.88−0.005%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h188.99+0.053%$5.6M$3.5M100xas long as short
Gate EWY_USDTlong0.0000%8h188.89long leg$3.2M$2.7M50x
SunX EWY-USDT0.0000%8h188.58−0.164%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.92+0.016%$1.7M$37K10xas long as short
HTX EWY-USDT+0.0025%8h188.98+0.048%$36K$8K20xas long as short
Lighter EWY+0.0032%1h188.78−0.058%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.87−0.011%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.93+0.021%$193K$139K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.85−0.021%$6.4M$14.9M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps EWY-USD+0.0050%1h188.75−0.074%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h188.91+0.011%$773$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.79−0.053%$221K$181K10xas long as short
Entropy io:EWY+0.0091%1h188.80−0.048%$49K$36K25xas long as short
KuCoin EWYUSDTM+0.0100%8h188.87−0.011%$957K$727K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.71−0.095%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.90+0.005%$2K$1K20xas long as short
Bitget EWYUSDT+0.0101%8h188.96+0.037%$2.6M$1.4M20xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.92+0.016%$524K$331K20xas long as short
Paradex EWY-USD-PERP+0.0128%8h189.03+0.075%$235xas long as short
OKX EWY-USDT-SWAP+0.0149%8h189.01+0.064%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0272%8h188.73−0.087%$293K$12K20xas long as short
Variational Omni EWY+0.0289%8h188.93+0.019%$1.4M$890Kas long as short
Deribit EWY_USDC-PERPETUAL+0.0333%1h188.94+0.026%$2K$13K20xas long as short
BloFin EWY-USDTshort+0.0333%8h188.98+0.048%$47K$214K50x
MEXC EWY_USDT+0.0349%8h188.93+0.021%$7.5M$4.6M100xas long as short
Extended EWY_24_5-USD+0.0352%1h188.92+0.016%$304K$410K10xas long as short
Binance EWYUSDT+0.0359%8h188.94+0.026%$28.3M$79.6M50xas long as short
GRVT EWY_USDT_Perp+0.0457%8h188.92+0.017%$747K$419K10xas long as short
edgeX EWYUSDC+0.0584%4h188.93+0.019%$423K$275K20xas long as short