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−0.0178%/8h= −19.5% APRnext payment $1.78 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against OKX+0.021%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.290% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days−0.017%−$2 · spread now +0.021%, 7d avg +0.003%
Together, before fees+0.002%$0 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: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP189.360.0242pay 0.0242% / 8h1h 18m$4.0M$4.1M50x
ShortBybit EWYUSDT189.400.0064get 0.0064% / 8h1h 18m$5.2M$4.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$37.31
Price spread: +0.021% → +0.003%
$1.81
Slippage, 4 orders
−$8.04
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$64.55
Costs to cover
0.290%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: 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 ago0.26 bp8.5 bp −$913.0 bp −$130doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.26 bp7.0 bp −$711.9 bp −$119doesn'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-PERP0.0000%1h189.27−0.048%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h189.26−0.053%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.92−0.232%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.29−0.037%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.16−0.106%$377K$96K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.35−0.005%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.29−0.037%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.22−0.074%$50K$41K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.12−0.127%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h189.29−0.037%$781$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps EWY-USD.P+0.0050%1h189.24−0.063%$221K$181K10xas long as short
tradeXYZ xyz:EWY+0.0064%1h189.25−0.058%$6.4M$14.8M20xas long as short
Bybit EWYUSDTshort+0.0064%8h189.40+0.021%$5.2M$4.1M100x
KuCoin EWYUSDTM+0.0100%8h189.19−0.090%$959K$726K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.30−0.032%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.30−0.032%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.19−0.090%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0160%8h189.42+0.034%$235xas long as short
Bitget EWYUSDT+0.0185%8h189.32−0.021%$2.5M$1.5M20xas long as short
HTX EWY-USDT+0.0233%8h189.35−0.005%$36K$8K20xas long as short
OKX EWY-USDT-SWAPlong+0.0242%8h189.36long leg$4.0M$4.1M50x
Deribit EWY_USDC-PERPETUAL+0.0437%1h189.32−0.021%$2K$13K20xas long as short
Aster EWYUSDT+0.0502%8h189.14−0.119%$293K$12K20xas long as short
edgeX EWYUSDC+0.0552%4h189.29−0.037%$424K$275K20xas long as short
Variational Omni EWY+0.0563%8h189.28−0.042%$1.4M$889Kas long as short
BloFin EWY-USDT+0.0596%8h189.30−0.032%$47K$214K50xas long as short
MEXC EWY_USDT+0.0607%8h189.28−0.042%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0608%1h189.24−0.062%$304K$392K10xas long as short
Binance EWYUSDT+0.0610%8h189.28−0.042%$28.5M$79.4M50xas long as short
GRVT EWY_USDT_Perp+0.0683%8h189.31−0.024%$749K$401K10xas long as short