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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against MEXC+0.099%82s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$130.130% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.099%, 7d avg −0.008%
Together, before fees+0.005%+ Points / potential airdropGRVT: Active · farm board$0 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: GRVT is 0.107% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT186.560get 0.0000% / 8h15m 57s$7.9M$4.4M100x
ShortGRVT EWY_USDT_Perp186.740get 0.0000% / 8h15m 57s$732K$422K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.099% → −0.008%
$10.69
Slippage, 4 orders
−$4.03
Fee MEXC: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$2.34
Costs to cover
0.130%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; GRVT: live order book, 22 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, 2 min ago0.27 bp0.3 bp $00.3 bp −$33.0 bp −$302111.3 bp −$55.7K
Sell GRVT live order book, 22 min ago1.60 bp6.1 bp −$610.8 bp −$108doesn'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
Hotstuff EWY-PERP−0.2328%1h186.46−0.054%$28K$12K20xas long as short
Bitget EWYUSDT−0.0546%8h186.63+0.038%$3.0M$2.6M20xas long as short
BloFin EWY-USDT−0.0019%8h186.65+0.048%$48K$217K50xas long as short
Vest EWY-USD-PERP−0.0018%1h186.11−0.241%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.63+0.040%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.50−0.034%$237K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.54−0.011%$27.0M$83.1M50xas long as short
Bybit EWYUSDT0.0000%8h186.58+0.011%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.51−0.027%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h186.64+0.043%$4.1M$4.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDTlong0.0000%8h186.56long leg$7.9M$4.4M100x
Variational Omni EWY0.0000%8h186.65+0.049%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perpshort0.0000%8h186.74+0.099%$732K$422K10x
SunX EWY-USDT0.0000%8h186.47−0.048%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.71+0.080%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.59+0.016%$1.6M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0018%1h186.54−0.011%$2K$14K20xas long as short
Lighter EWY+0.0032%1h186.44−0.064%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.59+0.016%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.41−0.080%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.49−0.038%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.43−0.070%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.54−0.011%$747$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.62+0.032%$224K$326K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.66+0.054%$518K$255K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.560.000%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.49−0.038%$960K$602K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.57+0.005%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.560.000%$2K$1K20xas long as short
edgeX EWYUSDC+0.0675%4h186.73+0.090%$419K$289K20xas long as short