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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0076%/8h= −8.4% APRnext payment $0.76 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against KuCoin+0.080%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$476as in the Funding arb table
Net, price: spread back to 7d avg − costs−$471as in the Price arb table
costs, in and out, $10k−$4734.733% 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 4 days (all we have)−0.081%−$8 · spread now +0.080%, 7d avg +0.059%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.059%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.029% in total) that is about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM186.350.0100pay 0.0100% / 8h10m 50s$959K$601K20x
ShortBloFin EWY-USDT186.500.0024get 0.0024% / 8h10m 50s$48K$217K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$16.03
Price spread: +0.080% → +0.059%
$2.16
Slippage, 4 orders
−$449.3
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$487.17
Costs to cover
4.733%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; BloFin: live order book, 60 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, 14 min ago5.10 bp346.4 bp −$346doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 60 min ago0.53 bp6.5 bp −$77.7 bp −$7715.6 bp −$1,561doesn'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−1.4280%1h186.41+0.032%$28K$12K20xas long as short
Bitget EWYUSDT−0.0571%8h186.54+0.102%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0021%1h186.05−0.161%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.45+0.055%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.34−0.008%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.39+0.023%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.49+0.075%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.47+0.064%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.54+0.102%$4.1M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.45+0.054%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.45+0.055%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.63+0.148%$732K$422K10xas long as short
SunX EWY-USDT0.0000%8h186.43+0.043%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h186.48+0.070%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.140%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.50+0.080%$1.6M$37K10xas long as short
BloFin EWY-USDTshort+0.0024%8h186.50+0.080%$48K$217K50x
Lighter EWY+0.0032%1h186.42+0.038%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.49+0.075%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.31−0.021%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.43+0.043%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.350.000%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.47+0.064%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.41+0.032%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.075%$517K$255K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.51+0.085%$225xas long as short
KuCoin EWYUSDTMlong+0.0100%8h186.35long leg$959K$601K20x
ApeX Omni EWYUSDT+0.0100%1h186.56+0.113%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.48+0.070%$2K$1K20xas long as short
edgeX EWYUSDC+0.0931%4h186.56+0.112%$418K$290K20xas long as short