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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: tradeXYZ against Gate−0.085%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 7 days+0.047%+$5 · spread now −0.085%, 7d avg −0.085%
Together, before fees+0.179%+ Points / potential airdroptradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT189.280get 0.0000% / 8h3h 16m$4.1M$3.9M50x
ShorttradeXYZ xyz:EWY189.120.0050get 0.0006% / 1h16m 51s$6.1M$14.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.085% → −0.085%
$0
Slippage, 4 orders
−$13.16
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$35.66
Costs to cover
0.462%
Break-even
30.8 days
Slippage from Gate: live order book, 1 min ago; tradeXYZ: live order book, 12 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 ago2.64 bp12.0 bp −$1222.8 bp −$22844.3 bp −$4,42980.8 bp −$40.4K
Sell tradeXYZ live order book, 12 min ago0.53 bp10.7 bp −$1112.9 bp −$129doesn'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
Hotstuff EWY-PERP−0.0048%1h189.03−0.132%$28K$12K20xas long as short
Aster EWYUSDT0.0000%8h189.27−0.003%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.28+0.003%$300K$651K10xas long as short
Binance EWYUSDT0.0000%8h189.36+0.041%$27.6M$77.4M50xas long as short
Bybit EWYUSDT0.0000%8h189.37+0.048%$5.1M$4.3M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.34+0.032%$4.3M$4.0M50xas long as short
Gate EWY_USDTlong0.0000%8h189.28long leg$4.1M$3.9M50x
MEXC EWY_USDT0.0000%8h189.35+0.037%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h189.44+0.085%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.44+0.086%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h189.46+0.095%$749K$402K10xas long as short
SunX EWY-USDT0.0000%8h189.12−0.085%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.44+0.085%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.29+0.005%$1.7M$37K10xas long as short
BloFin EWY-USDT0.0000%8h189.23−0.026%$48K$214K50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0014%1h189.10−0.095%$2K$14K20xas long as short
Lighter EWY+0.0032%1h189.02−0.137%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.11−0.090%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.23−0.026%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.35+0.037%$527K$291K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h189.12−0.085%$6.1M$14.3M20x
Entropy io:EWY+0.0050%1h189.13−0.079%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.03−0.132%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.10−0.095%$734$4K10xas long as short
Paradex EWY-USD-PERP+0.0050%8h189.14−0.072%$235xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.96−0.169%$201K$305K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.17−0.058%$974K$611K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.18−0.053%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.12−0.085%$2K$1K20xas long as short
edgeX EWYUSDC+0.0291%4h189.43+0.078%$425K$284K20xas long as short