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+0.0044%/8h= +4.8% APRpaid last 24h −0.008%
Price spread now: Coinbase International against KuCoin−0.089%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2372.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$6 on $10k
Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.089%, 7d avg −0.024%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.024%). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM189.950.0100pay 0.0100% / 8h7h 50m$978K$679K20x
ShortCoinbase International EWY-PERP-INTX189.780.0144get 0.0018% / 1h50m 12s$530K$337K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$9.24
Price spread: −0.089% → −0.024%
−$6.58
Slippage, 4 orders
−$214.69
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$234.04
Costs to cover
2.367%
Break-even
184.3 days
Slippage from KuCoin: live order book, 14 min ago; Coinbase International: live order book, 23 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 ago8.18 bp127.8 bp −$128doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 23 min ago2.90 bp7.9 bp −$812.8 bp −$128doesn'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
Gate EWY_USDT0.0000%8h190.06+0.058%$4.1M$3.2M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.94−0.005%$752K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.83−0.063%$2.7M20xas long as short
HTX EWY-USDT0.0000%8h189.87−0.042%$37K$8K20xas long as short
Phemex EWYUSDT0.0000%8h190.05+0.053%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.93−0.011%$379K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.04+0.047%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.96+0.005%$196K$141K20xas long as short
Entropy io:EWY+0.0050%1h189.74−0.111%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.86−0.047%$4K$10920xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h189.96+0.005%$784$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.76−0.100%$242K$215K10xas long as short
KuCoin EWYUSDTMlong+0.0100%8h189.95long leg$978K$679K20x
ApeX Omni EWYUSDT+0.0100%1h189.79−0.084%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.08+0.068%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0107%8h189.87−0.041%$235xas long as short
Bybit EWYUSDT+0.0113%8h190.10+0.079%$5.3M$4.2M100xas long as short
Coinbase International EWY-PERP-INTXshort+0.0144%1h189.78−0.089%$530K$337K20x
Deribit EWY_USDC-PERPETUAL+0.0171%1h190.05+0.053%$2K$13K20xas long as short
tradeXYZ xyz:EWY+0.0174%1h190.05+0.053%$6.4M$14.8M20xas long as short
Bitget EWYUSDT+0.0253%8h190.06+0.058%$2.7M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0337%8h190.14+0.100%$4.1M$3.6M50xas long as short
Hotstuff EWY-PERP+0.0504%1h189.81−0.074%$28K$12K20xas long as short
Aster EWYUSDT+0.0555%8h190.06+0.057%$295K$12K20xas long as short
edgeX EWYUSDC+0.0602%4h189.90−0.026%$426K$282K20xas long as short
Variational Omni EWY+0.0654%8h189.97+0.008%$1.2M$1.3Mas long as short
Binance EWYUSDT+0.0685%8h190.09+0.074%$28.6M$78.9M50xas long as short
MEXC EWY_USDT+0.0686%8h190.07+0.063%$6.9M$4.4M100xas long as short
Extended EWY_24_5-USD+0.0688%1h190.02+0.038%$299K$439K10xas long as short
BloFin EWY-USDT+0.0692%8h189.93−0.011%$47K$214K50xas long as short