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−0.0051%/8h= −5.5% APRnext payment $0.51 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against GRVT+0.095%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 3 days (all we have)−0.125%−$13 · spread now +0.095%, 7d avg +0.020%
Together, before fees−0.096%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.076% dearer against GRVT than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.020%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EWY_USDT_Perp189.140.0692pay 0.0692% / 8h1h 12m$748K$399K10x
ShortBloFin EWY-USDT189.320.0641get 0.0641% / 8h1h 12m$47K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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
−$10.62
Price spread: +0.095% → +0.020%
$7.56
Slippage, 4 orders
−$5.66
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.71
Costs to cover
0.267%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; BloFin: live order book, 63 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 GRVT live order book, 5 min ago1.59 bp6.6 bp −$714.9 bp −$149doesn't fitdoesn't fit
Sell BloFin live order book, 63 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
Gate EWY_USDT0.0000%8h189.22+0.043%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.12−0.010%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.22+0.043%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.11−0.016%$376K$97K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.27+0.069%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.20+0.032%$194K$138K20xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.11−0.016%$4K$5920xas long as short
SoDEX EWY-USD+0.0050%1h189.22+0.043%$784$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.02−0.063%$221K$181K10xas long as short
Entropy io:EWY+0.0066%1h189.22+0.043%$50K$44K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0066%1h189.18+0.021%$6.4M$14.9M20xas long as short
Bybit EWYUSDT+0.0075%8h189.32+0.095%$5.2M$4.1M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.18+0.021%$963K$724K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.08−0.031%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.24+0.053%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0120%1h189.18+0.021%$28K$12K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.24+0.053%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0147%8h189.22+0.041%$235xas long as short
edgeX EWYUSDC+0.0161%4h189.14+0.003%$424K$275K20xas long as short
Bitget EWYUSDT+0.0184%8h189.25+0.058%$2.5M$1.5M20xas long as short
HTX EWY-USDT+0.0221%8h189.31+0.090%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0241%8h189.24+0.053%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0437%1h189.25+0.058%$2K$13K20xas long as short
Aster EWYUSDT+0.0506%8h189.22+0.044%$293K$12K20xas long as short
Variational Omni EWY+0.0583%8h189.13−0.004%$1.4M$889Kas long as short
Binance EWYUSDT+0.0613%8h189.20+0.032%$28.5M$79.6M50xas long as short
MEXC EWY_USDT+0.0614%8h189.20+0.032%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0616%1h189.16+0.012%$304K$392K10xas long as short
BloFin EWY-USDTshort+0.0641%8h189.32+0.095%$47K$214K50x
GRVT EWY_USDT_Perplong+0.0692%8h189.14long leg$748K$399K10x