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+0.0280%/8h= +30.6% APRpaid last 24h +0.073%
Price spread now: edgeX against OKX−0.177%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs+$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.856%+$86 on $10k
Price spread, last 3 days (all we have)+0.181%+$18 · spread now −0.177%, 7d avg −0.006%
Together, before fees+1.037%+ Points / potential airdropedgeX: Active · farm board+$104 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.171% cheaper against OKX than usual: you would sell low and buy high (spread −0.177% now, against its 7-day average of −0.006%). If the spread goes back, that is −$17 on $10k: about 2.0 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP189.960.0320pay 0.0320% / 8h18m 54s$4.0M$4.1M50x
ShortedgeX EWYUSDC189.620.0600get 0.0300% / 4h18m 54s$425K$275K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$58.7
Price spread: −0.177% → −0.006%
−$17.08
Slippage, 4 orders
−$17.23
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$5.39
Costs to cover
0.362%
Break-even
6.4 days
Slippage from OKX: live order book, 4 min ago; edgeX: live order book, 60 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 bp8.1 bp −$811.8 bp −$118doesn't fitdoesn't fit
Sell edgeX live order book, 60 min ago5.55 bp10.2 bp −$1014.1 bp −$141doesn'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
Gate EWY_USDT0.0000%8h189.86−0.053%$3.4M$2.9M50xas long as short
SunX EWY-USDT0.0000%8h189.91−0.026%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.89−0.037%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.74−0.116%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.84−0.063%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.85−0.058%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.67−0.153%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.72−0.126%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.86−0.053%$776$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.73−0.121%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.65−0.163%$966K$689K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.68−0.147%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.78−0.095%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0135%8h189.95−0.008%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.79−0.089%$528K$341K20xas long as short
tradeXYZ xyz:EWY+0.0154%1h189.81−0.079%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0167%8h189.92−0.021%$5.3M$4.2M100xas long as short
Hotstuff EWY-PERP+0.0168%1h189.78−0.095%$28K$12K20xas long as short
HTX EWY-USDT+0.0218%8h189.65−0.163%$36K$8K20xas long as short
Bitget EWYUSDT+0.0220%8h189.94−0.011%$2.6M$1.6M20xas long as short
OKX EWY-USDT-SWAPlong+0.0320%8h189.96long leg$4.0M$4.1M50x
Deribit EWY_USDC-PERPETUAL+0.0382%1h189.87−0.047%$2K$13K20xas long as short
Aster EWYUSDT+0.0554%8h189.68−0.146%$294K$12K20xas long as short
edgeX EWYUSDCshort+0.0600%4h189.62−0.177%$425K$275K20x
Variational Omni EWY+0.0645%8h189.77−0.100%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0653%8h189.68−0.149%$750K$395K10xas long as short
BloFin EWY-USDT+0.0676%8h189.86−0.053%$47K$214K50xas long as short
MEXC EWY_USDT+0.0678%8h189.90−0.032%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0680%1h189.83−0.068%$298K$396K10xas long as short
Binance EWYUSDT+0.0680%8h189.86−0.051%$28.6M$79.8M50xas long as short