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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0560%/8h= +61.3% APRpaid last 24h +0.127%
Price spread now: edgeX against GRVT−0.038%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs+$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.891%+$89 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.038%, 7d avg −0.002%
Together, before fees+0.904%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$90 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.036% cheaper against GRVT than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.002%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EWY_USDT_Perp190.410get 0.0000% / 8h5h 08m$753K$392K10x
ShortedgeX EWYUSDC190.340.0560get 0.0280% / 4h1h 08m$427K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$117.52
Price spread: −0.038% → −0.002%
−$3.56
Slippage, 4 orders
−$16.47
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$79.49
Costs to cover
0.345%
Break-even
2.3 days
Slippage from GRVT: live order book, 54 min ago; edgeX: live order book, 55 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, 54 min ago1.58 bp6.6 bp −$711.0 bp −$110doesn't fitdoesn't fit
Sell edgeX live order book, 55 min ago5.26 bp10.1 bp −$1014.1 bp −$141doesn'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−0.0128%1h190.26−0.081%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.44+0.014%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.40−0.007%$4.2M$3.7M50xas long as short
GRVT EWY_USDT_Perplong0.0000%8h190.41long leg$753K$392K10x
SunX EWY-USDT0.0000%8h190.33−0.044%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.31−0.054%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.39−0.012%$531K$315K20xas long as short
HTX EWY-USDT0.0000%8h190.43+0.009%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.32−0.049%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.25−0.086%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.48+0.035%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.39−0.012%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.30−0.059%$6.1M$13.8M20xas long as short
Entropy io:EWY+0.0050%1h190.25−0.086%$51K$56K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.20−0.112%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.31−0.054%$745$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.24−0.091%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.35−0.034%$235xas long as short
Bitget EWYUSDT+0.0068%8h190.40−0.007%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.34−0.038%$981K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.49+0.040%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.41−0.002%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0100%8h190.42+0.004%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0161%8h190.39−0.011%$295K$12K20xas long as short
Variational Omni EWY+0.0204%8h190.31−0.055%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0219%8h190.35−0.033%$48K$214K50xas long as short
Binance EWYUSDT+0.0234%8h190.39−0.012%$28.4M$76.8M50xas long as short
MEXC EWY_USDT+0.0237%8h190.37−0.023%$6.5M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0240%1h190.35−0.034%$302K$665K10xas long as short
edgeX EWYUSDCshort+0.0560%4h190.34−0.038%$427K$283K20x