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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.022%
Price spread now: Extended against KuCoin+0.119%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$409as in the Funding arb table
Net, price: spread back to 7d avg − costs−$392as in the Price arb table
costs, in and out, $10k−$4014.010% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$8 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.119%, 7d avg +0.026%
Together, before fees−0.141%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.093% dearer against KuCoin than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.026%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.075% in total) that is about 8.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM187.530.0100pay 0.0100% / 8h1h 23m$965K$592K20x
ShortExtended EWY_24_5-USD187.750get 0.0000% / 1h23m 37s$239K$501K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$21
Price spread: +0.119% → +0.026%
$9.33
Slippage, 4 orders
−$383.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$412.64
Costs to cover
4.010%
Break-even
never at this rate
Slippage from KuCoin: live order book, 11 min ago; Extended: live order book, 19 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, 11 min ago6.67 bp310.5 bp −$311doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 19 min ago0.03 bp2.9 bp −$36.9 bp −$69doesn'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
Bitget EWYUSDT−0.0239%8h187.86+0.176%$2.7M$2.3M20xas long as short
Hotstuff EWY-PERP−0.0128%1h187.67+0.075%$28K$12K20xas long as short
BloFin EWY-USDT−0.0018%8h187.73+0.107%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h187.75+0.120%$291K$12K20xas long as short
Extended EWY_24_5-USDshort0.0000%1h187.75+0.119%$239K$501K10x
Binance EWYUSDT0.0000%8h187.80+0.144%$27.2M$81.6M50xas long as short
Bybit EWYUSDT0.0000%8h187.85+0.171%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.73+0.107%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.84+0.165%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.83+0.160%$8.6M$4.5M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.79+0.140%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.73+0.105%$742K$420K10xas long as short
SunX EWY-USDT0.0000%8h187.61+0.043%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.73+0.107%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.78+0.133%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.68+0.080%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0042%1h187.49−0.021%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.80+0.144%$197K$151K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.60+0.037%$521K$273K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.69+0.085%$6.3M$14.1M20xas long as short
Entropy io:EWY+0.0050%1h187.64+0.059%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.60+0.037%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.74+0.112%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.50−0.016%$223K$321K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h187.87+0.179%$235xas long as short
KuCoin EWYUSDTMlong+0.0100%8h187.53long leg$965K$592K20x
ApeX Omni EWYUSDT+0.0100%1h187.58+0.027%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.72+0.101%$2K$1K20xas long as short
edgeX EWYUSDC+0.0233%4h187.71+0.096%$421K$284K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0336%1h187.69+0.085%$2K$14K20xas long as short