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+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC−0.016%94s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$140.145% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.016%, 7d avg +0.005%
Together, before fees−0.013%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.021% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT189.090.0471pay 0.0471% / 8h1h 47m$7.5M$4.5M100x
ShortBloFin EWY-USDT189.060.0478get 0.0478% / 8h1h 47m$47K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$1.46
Price spread: −0.016% → +0.005%
−$2.09
Slippage, 4 orders
−$2.49
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$15.11
Costs to cover
0.145%
Break-even
79.3 days
Slippage from MEXC: live order book, 5 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 MEXC live order book, 5 min ago0.26 bp0.8 bp −$11.6 bp −$164.8 bp −$478134.7 bp −$67.4K
Sell BloFin live order book, 27 min ago0.26 bp6.3 bp −$69.5 bp −$9516.7 bp −$1,675doesn'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
Bybit EWYUSDT0.0000%8h189.18+0.048%$5.2M$4.1M100xas long as short
Hotstuff EWY-PERP0.0000%1h189.02−0.037%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h189.11+0.011%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.71−0.201%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.04−0.026%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.01−0.042%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.15+0.032%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.11+0.011%$194K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.05−0.021%$6.4M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h188.97−0.063%$49K$36K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps EWY-USD+0.0050%1h188.95−0.074%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h189.06−0.016%$782$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.97−0.063%$221K$181K10xas long as short
KuCoin EWYUSDTM+0.0100%8h188.99−0.053%$958K$724K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.72−0.196%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.06−0.016%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0117%8h189.26+0.087%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.06−0.016%$524K$329K20xas long as short
HTX EWY-USDT+0.0128%8h189.10+0.005%$36K$8K20xas long as short
Bitget EWYUSDT+0.0133%8h189.12+0.016%$2.5M$1.4M20xas long as short
OKX EWY-USDT-SWAP+0.0190%8h189.19+0.053%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0226%1h189.05−0.021%$2K$13K20xas long as short
Aster EWYUSDT+0.0378%8h188.94−0.078%$293K$12K20xas long as short
Variational Omni EWY+0.0411%8h189.03−0.032%$1.4M$899Kas long as short
MEXC EWY_USDTlong+0.0471%8h189.09long leg$7.5M$4.5M100x
Extended EWY_24_5-USD+0.0472%1h189.04−0.026%$304K$410K10xas long as short
Binance EWYUSDT+0.0473%8h189.09−0.001%$28.4M$79.6M50xas long as short
BloFin EWY-USDTshort+0.0478%8h189.06−0.016%$47K$214K50x
GRVT EWY_USDT_Perp+0.0571%8h189.06−0.018%$748K$401K10xas long as short
edgeX EWYUSDC+0.0779%4h189.05−0.020%$423K$274K20xas long as short