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 −0.070%
Price spread now: Phemex against MEXC+0.021%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1041.038% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.180%−$18 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.021%, 7d avg +0.007%
Together, before fees−0.214%−$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT187.020get 0.0000% / 8h35m 33s$8.5M$4.4M100x
ShortPhemex EWYUSDT187.060get 0.0000% / 8h35m 33s$1.7M$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.021% → +0.007%
$1.44
Slippage, 4 orders
−$91.8
Fee MEXC: 0 bp × 2 orders
$0
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$102.36
Costs to cover
1.038%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Phemex: live order book, 2 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 −$32.7 bp −$26798.4 bp −$49.2K
Sell Phemex live order book, 2 min ago0.80 bp44.6 bp −$45doesn't fitdoesn'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−0.0430%8h187.09+0.037%$2.8M$2.5M20xas long as short
Hotstuff EWY-PERP−0.0120%1h186.88−0.075%$28K$12K20xas long as short
BloFin EWY-USDT−0.0004%8h187.06+0.021%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h187.04+0.009%$290K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.97−0.024%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h187.02−0.002%$27.2M$82.8M50xas long as short
Bybit EWYUSDT0.0000%8h187.07+0.027%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.97−0.027%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h187.08+0.032%$4.0M$4.3M50xas long as short
MEXC EWY_USDTlong0.0000%8h187.02long leg$8.5M$4.4M100x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.02−0.001%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.15+0.070%$740K$416K10xas long as short
SunX EWY-USDT0.0000%8h186.89−0.070%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.17+0.080%$22K$35K20xas long as short
Phemex EWYUSDTshort0.0000%8h187.06+0.021%$1.7M$37K10x
Vest EWY-USD-PERP0.0000%1h186.61−0.219%$220K25xas long as short
Lighter EWY+0.0032%1h186.83−0.102%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.03+0.005%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.85−0.091%$6.2M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h186.92−0.053%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.84−0.096%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h187.020.000%$750$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.87−0.080%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.85−0.091%$519K$245K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.98−0.020%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.93−0.048%$962K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.08+0.032%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.06+0.021%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0285%1h187.03+0.005%$2K$14K20xas long as short
edgeX EWYUSDC+0.0524%4h187.06+0.022%$419K$285K20xas long as short