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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0116%/8h= +12.7% APRnext payment +$1.16 per $10,000 · paid last 24h +0.040%
Price spread now: Binance against KuCoin+0.059%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2432.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.059%, 7d avg +0.065%
Together, before fees+0.050%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM188.820.0100pay 0.0100% / 8h5h 48m$971K$701K20x
ShortBinance EWYUSDT188.930.0216get 0.0216% / 8h5h 48m$26.3M$86.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$24.4
Price spread: +0.059% → +0.065%
−$0.57
Slippage, 4 orders
−$220.62
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$218.8
Costs to cover
2.426%
Break-even
69.8 days
Slippage from KuCoin: live order book, 58 min ago; Binance: live order book, 2 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 KuCoin live order book, 58 min ago7.48 bp124.8 bp −$125doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.26 bp5.7 bp −$68.2 bp −$8224.2 bp −$2,423doesn't fit

EWY on 30 exchanges

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−7.2752%1h187.39−0.757%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.94+0.064%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.87+0.026%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.91+0.048%$3.1M$3.1M20xas long as short
SunX EWY-USDT0.0000%8h188.67−0.079%$1.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.03+0.111%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.84+0.011%$383K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.15+0.175%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h189.02+0.106%$202K$167K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.86+0.021%$5.9M$15.5M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.92+0.053%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.98+0.085%$779$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.97+0.079%$226K$315K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h189.14+0.167%$235xas long as short
Polymarket Perps EWY-USD+0.0061%1h189.19+0.196%$4K$6K20xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h189.07+0.132%$525K$251K20xas long as short
Gate EWY_USDT+0.0099%8h189.04+0.117%$4.0M$4.8M50xas long as short
KuCoin EWYUSDTMlong+0.0100%8h188.82long leg$971K$701K20x
ApeX Omni EWYUSDT+0.0100%1h189.07+0.132%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.99+0.090%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0121%1h188.95+0.069%$3K$12K20xas long as short
Aster EWYUSDT+0.0123%8h188.84+0.009%$292K$14K20xas long as short
Variational Omni EWY+0.0180%8h188.99+0.088%$1.1M$941Kas long as short
MEXC EWY_USDT+0.0210%8h188.98+0.085%$7.4M$4.3M100xas long as short
Extended EWY_24_5-USD+0.0216%1h188.93+0.059%$247K$935K10xas long as short
Binance EWYUSDTshort+0.0216%8h188.93+0.059%$26.3M$86.5M50x
BloFin EWY-USDT+0.0224%8h189.01+0.101%$48K$237K50xas long as short
HTX EWY-USDT+0.0385%8h189.20+0.201%$22K$36K20xas long as short
edgeX EWYUSDC+0.0493%4h189.04+0.114%$424K$290K20xas long as short
GRVT EWY_USDT_Perp+0.0884%8h189.15+0.175%$742K$408K10xas long as short