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 +0.036%
Price spread now: Binance against OKX+0.060%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.060%, 7d avg −0.002%
Together, before fees+0.004%$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: Binance is 0.062% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP186.600get 0.0000% / 8h20m 20s$4.1M$4.7M50x
ShortBinance EWYUSDT186.710get 0.0000% / 8h20m 20s$27.1M$83.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.060% → −0.002%
$6.19
Slippage, 4 orders
−$7.3
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$21.11
Costs to cover
0.273%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 7 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 OKX live order book, 2 min ago0.27 bp9.9 bp −$1013.3 bp −$133doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago0.27 bp5.3 bp −$57.2 bp −$7224.9 bp −$2,492doesn'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−0.1568%1h186.64+0.021%$28K$12K20xas long as short
Bitget EWYUSDT−0.0529%8h186.75+0.080%$3.0M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0015%1h186.22−0.204%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.74+0.073%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.64+0.022%$237K$912K10xas long as short
Binance EWYUSDTshort0.0000%8h186.71+0.060%$27.1M$83.0M50x
Bybit EWYUSDT0.0000%8h186.75+0.080%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAPlong0.0000%8h186.60long leg$4.1M$4.7M50x
Gate EWY_USDT0.0000%8h186.73+0.070%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h186.69+0.048%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.65+0.028%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.54−0.032%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.52−0.043%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.77+0.091%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.69+0.048%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0012%8h186.71+0.059%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.49−0.059%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.72+0.064%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.57−0.016%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.53−0.038%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.54−0.032%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.63+0.016%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.45−0.080%$224K$326K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.64+0.021%$518K$254K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.66+0.031%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.52−0.043%$961K$602K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.58−0.011%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.71+0.059%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0179%1h186.600.000%$2K$14K20xas long as short
edgeX EWYUSDC+0.0662%4h186.56−0.024%$418K$289K20xas long as short