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−0.0031%/8h= −3.4% APRpaid last 24h +0.055%
Price spread now: BloFin against Lighter+0.064%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$250.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.064%, 7d avg +0.072%
Together, before fees+0.057%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY188.050.0032pay 0.0004% / 1h48m 54s$381K$40K20x
ShortBloFin EWY-USDT188.170.0001get 0.0001% / 8h1h 48m$48K$216K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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
−$6.48
Price spread: +0.064% → +0.072%
−$0.78
Slippage, 4 orders
−$12.77
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.03
Costs to cover
0.248%
Break-even
never at this rate
Slippage from Lighter: live order book, 51 min ago; BloFin: live order book, 27 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 Lighter live order book, 51 min ago3.19 bp5.3 bp −$514.4 bp −$14446.9 bp −$4,687doesn't fit
Sell BloFin live order book, 27 min ago0.27 bp6.8 bp −$77.5 bp −$7514.2 bp −$1,418doesn'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−0.0176%1h188.17+0.064%$28K$12K20xas long as short
Bitget EWYUSDT−0.0112%8h188.16+0.058%$2.7M$2.3M20xas long as short
Aster EWYUSDT0.0000%8h188.20+0.078%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.12+0.037%$241K$496K10xas long as short
Binance EWYUSDT0.0000%8h188.14+0.048%$27.3M$81.7M50xas long as short
Bybit EWYUSDT0.0000%8h188.24+0.101%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.14+0.048%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.19+0.074%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.13+0.043%$7.9M$4.3M100xas long as short
Variational Omni EWY0.0000%8h188.15+0.055%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h188.11+0.032%$743K$423K10xas long as short
SunX EWY-USDT0.0000%8h188.12+0.037%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.15+0.053%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h188.22+0.090%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.13+0.043%$1.7M$37K10xas long as short
BloFin EWY-USDTshort+0.0001%8h188.17+0.064%$48K$216K50x
Lighter EWYlong+0.0032%1h188.05long leg$381K$40K20x
Vest EWY-USD-PERP+0.0046%1h188.03−0.011%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.20+0.080%$197K$150K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.61+0.298%$524K$274K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.06+0.005%$6.3M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.09+0.021%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.06+0.005%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.050.000%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.83−0.117%$214K$307K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h188.24+0.103%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.89−0.085%$967K$597K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.17+0.064%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.14+0.048%$2K$1K20xas long as short
edgeX EWYUSDC+0.0437%4h188.050.000%$422K$285K20xas long as short