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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0576%/8h= −63.1% APRnext payment $5.76 per $10,000 · paid last 24h −0.073%
Price spread now: Bitget against OKX+0.011%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.011%, 7d avg +0.003%
Together, before fees−0.115%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP186.030get 0.0000% / 8h7h 48m$4.1M$4.6M50x
ShortBitget EWYUSDT186.05−0.0576pay 0.0576% / 8h7h 48m$3.1M$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$120.96
Price spread: +0.011% → +0.003%
$0.79
Slippage, 4 orders
−$11.25
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$153.42
Costs to cover
0.333%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago0.27 bp6.6 bp −$710.1 bp −$101doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.08 bp10.2 bp −$1013.6 bp −$13630.0 bp −$3,00576.8 bp −$38.4K

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 EWYUSDTshort−0.0576%8h186.05+0.011%$3.1M$2.6M20x
Hotstuff EWY-PERP−0.0336%1h185.83−0.108%$28K$15K20xas long as short
Vest EWY-USD-PERP−0.0026%1h185.78−0.134%$235K25xas long as short
BloFin EWY-USDT−0.0017%8h186.13+0.054%$48K$218K50xas long as short
Aster EWYUSDT0.0000%8h186.16+0.070%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.02−0.004%$240K$919K10xas long as short
Binance EWYUSDT0.0000%8h186.07+0.021%$26.9M$82.5M50xas long as short
OKX EWY-USDT-SWAPlong0.0000%8h186.03long leg$4.1M$4.6M50x
Gate EWY_USDT0.0000%8h186.10+0.038%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h186.05+0.011%$7.8M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h185.98−0.025%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.96−0.037%$729K$423K10xas long as short
SunX EWY-USDT0.0000%8h186.030.000%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.11+0.043%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.09+0.032%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h185.91−0.065%$377K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.07+0.022%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.91−0.065%$6.3M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h185.93−0.054%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.91−0.065%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.05+0.011%$742$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.80−0.124%$234K$334K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.03+0.002%$225xas long as short
Bybit EWYUSDT+0.0083%8h186.12+0.048%$4.9M$4.8M100xas long as short
KuCoin EWYUSDTM+0.0100%8h185.97−0.032%$957K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.89−0.075%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.08+0.027%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.73−0.161%$515K$249K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0180%1h186.01−0.011%$3K$15K20xas long as short
edgeX EWYUSDC+0.0672%4h185.88−0.080%$417K$285K20xas long as short