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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0809%/8h= +88.6% APRpaid last 24h +0.196%
Price spread now: edgeX against Gate+0.046%82s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs+$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.450% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.084%+$108 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.046%, 7d avg −0.019%
Together, before fees+1.143%+ Points / potential airdropedgeX: Active · farm board+$114 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.065% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.019%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT187.190get 0.0000% / 8h37m 58s$4.0M$4.3M50x
ShortedgeX EWYUSDC187.280.0809get 0.0405% / 4h37m 58s$420K$285K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$169.95
Price spread: +0.046% → −0.019%
$6.5
Slippage, 4 orders
−$20.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$131.47
Costs to cover
0.450%
Break-even
1.6 days
Slippage from Gate: live order book, 5 min ago; edgeX: live order book, 65 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, 5 min ago2.40 bp10.4 bp −$1027.4 bp −$27442.8 bp −$4,27677.2 bp −$38.6K
Sell edgeX live order book, 65 min ago5.32 bp10.3 bp −$1014.6 bp −$146doesn'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
Bitget EWYUSDT−0.0419%8h187.190.000%$2.8M$2.5M20xas long as short
Hotstuff EWY-PERP−0.0232%1h186.99−0.107%$28K$12K20xas long as short
Aster EWYUSDT0.0000%8h187.13−0.035%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.93−0.139%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h187.05−0.074%$27.2M$82.5M50xas long as short
Bybit EWYUSDT0.0000%8h187.13−0.032%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.05−0.075%$4.1M$4.7M50xas long as short
Gate EWY_USDTlong0.0000%8h187.19long leg$4.0M$4.3M50x
MEXC EWY_USDT0.0000%8h187.12−0.037%$8.5M$4.4M100xas long as short
Variational Omni EWY0.0000%8h187.26+0.037%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.28+0.050%$740K$416K10xas long as short
SunX EWY-USDT0.0000%8h187.01−0.096%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.07−0.064%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.17−0.011%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.15−0.021%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0002%1h186.72−0.251%$220K25xas long as short
BloFin EWY-USDT+0.0018%8h187.13−0.032%$48K$217K50xas long as short
Lighter EWY+0.0032%1h187.00−0.102%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.13−0.032%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.99−0.107%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.04−0.080%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.99−0.107%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h187.09−0.053%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.18−0.005%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h187.24+0.027%$520K$245K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h187.11−0.043%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.96−0.123%$962K$604K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.33+0.075%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.13−0.032%$2K$1K20xas long as short
edgeX EWYUSDCshort+0.0809%4h187.28+0.046%$420K$285K20x