Funding arb · Price arb /

EWY

RWAall EWY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0700%/8h= +76.7% APRpaid last 24h +0.121%

Price spread now: edgeX against HTX−0.029%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.029% cheaper against HTX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX EWY-USDT	190.23	0	get 0.0000% / 8h	7h 34m	$26K	$28K	20x
Short	edgeX EWYUSDC	190.18	0.0700	get 0.0350% / 4h	3h 34m	$426K	$282K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $147.1
Price spread: −0.029% → 0.000%: −$2.88
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $123.22
Costs to cover: 0.210%
Break-even: 1.1 days

Slippage unknown: HTX: no order-book sample; edgeX: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 39 min ago	5.54 bp	10.5 bp −$10	14.2 bp −$142	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EWY on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit EWYUSDT	0.0000%	8h	190.04	−0.100%	$5.3M	$4.2M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	189.98	−0.131%	$4.1M	$3.3M	50x	as long as short
GRVT EWY_USDT_Perp	0.0000%	8h	190.21	−0.010%	$753K	$387K	10x	as long as short
SunX EWY-USDT	0.0000%	8h	190.15	−0.042%	—	$2.7M	20x	as long as short
HTX EWY-USDTlong	0.0000%	8h	190.23	long leg	$26K	$28K	20x
Phemex EWYUSDT	0.0000%	8h	190.04	−0.100%	$1.7M	$38K	10x	as long as short
Deribit EWY_USDC-PERPETUAL	+0.0013%	1h	190.06	−0.089%	$2K	$13K	20x	as long as short
Lighter EWY	+0.0032%	1h	189.92	−0.163%	$379K	$54K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	190.31	+0.042%	—	$220K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	190.09	−0.074%	$195K	$141K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:EWY	+0.0050%	1h	189.93	−0.158%	$6.3M	$14.9M	20x	as long as short
Entropy io:EWY	+0.0050%	1h	190.05	−0.095%	$52K	$58K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	189.90	−0.173%	$4K	$126	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	190.07	−0.084%	$401	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	190.03	−0.105%	$229K	$231K	10x	as long as short
Paradex EWY-USD-PERP	+0.0089%	8h	189.99	−0.127%	$23	—	5x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	189.95	−0.147%	$979K	$671K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	190.18	−0.026%	$13K	$263K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	190.13	−0.053%	$2K	$1K	20x	as long as short
Coinbase International EWY-PERP-INTX	+0.0144%	1h	189.77	−0.242%	$530K	$338K	20x	as long as short
OKX EWY-USDT-SWAP	+0.0310%	8h	189.96	−0.142%	$4.1M	$3.6M	50x	as long as short
Bitget EWYUSDT	+0.0319%	8h	189.95	−0.147%	$2.7M	$1.6M	20x	as long as short
Aster EWYUSDT	+0.0516%	8h	190.15	−0.042%	$295K	$12K	20x	as long as short
Variational Omni EWY	+0.0618%	8h	190.12	−0.060%	$1.2M	$1.1M	—	as long as short
Binance EWYUSDT	+0.0639%	8h	190.00	−0.121%	$28.6M	$78.1M	50x	as long as short
MEXC EWY_USDT	+0.0645%	8h	189.97	−0.137%	$7.5M	$4.5M	100x	as long as short
Extended EWY_24_5-USD	+0.0648%	1h	189.96	−0.141%	$301K	$692K	10x	as long as short
BloFin EWY-USDT	+0.0665%	8h	190.10	−0.068%	$47K	$214K	50x	as long as short
edgeX EWYUSDCshort	+0.0700%	4h	190.18	−0.029%	$426K	$282K	20x
Hotstuff EWY-PERP	+0.0928%	1h	189.92	−0.163%	$28K	$12K	20x	as long as short