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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.79 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against OKX−0.052%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costs−$326as in the Price arb table
costs, in and out, $10k−$3253.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.104%+$10 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.052%, 7d avg −0.047%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP190.710.0021pay 0.0021% / 8h4h 12m$4.1M$3.3M50x
ShortKuCoin EWYUSDTM190.610.0100get 0.0100% / 8h4h 12m$983K$622K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$16.69
Price spread: −0.052% → −0.047%
−$0.55
Slippage, 4 orders
−$303.04
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$308.9
Costs to cover
3.250%
Break-even
136.6 days
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 37 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, 5 min ago0.26 bp6.8 bp −$712.1 bp −$121doesn't fitdoesn't fit
Sell KuCoin live order book, 37 min ago3.94 bp186.0 bp −$186doesn'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
Hotstuff EWY-PERP−0.0056%1h190.59−0.063%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.75+0.021%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.69−0.010%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.57−0.073%$753K$395K10xas long as short
SunX EWY-USDT0.0000%8h190.58−0.068%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.61−0.052%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.67−0.021%$1.7M$37K10xas long as short
OKX EWY-USDT-SWAPlong+0.0021%8h190.71long leg$4.1M$3.3M50x
Aster EWYUSDT+0.0024%8h190.64−0.037%$296K$12K20xas long as short
Lighter EWY+0.0032%1h190.53−0.094%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.58−0.068%$532K$299K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.82+0.058%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.68−0.016%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.60−0.058%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h190.56−0.079%$30K$66K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.48−0.121%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.63−0.042%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.52−0.100%$201K$266K10xas long as short
Bitget EWYUSDT+0.0051%8h190.68−0.016%$2.7M$2.0M20xas long as short
Paradex EWY-USD-PERP+0.0053%8h190.67−0.022%$235xas long as short
Variational Omni EWY+0.0064%8h190.50−0.109%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0096%1h190.62−0.047%$301K$669K10xas long as short
Binance EWYUSDT+0.0098%8h190.68−0.016%$28.1M$76.5M50xas long as short
MEXC EWY_USDT+0.0099%8h190.66−0.026%$6.5M$3.9M100xas long as short
KuCoin EWYUSDTMshort+0.0100%8h190.61−0.052%$983K$622K20x
ApeX Omni EWYUSDT+0.0100%1h190.51−0.105%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.64−0.037%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0117%1h190.63−0.042%$2K$13K20xas long as short
BloFin EWY-USDT+0.0120%8h190.69−0.010%$48K$214K50xas long as short
edgeX EWYUSDC+0.0353%4h190.51−0.103%$427K$285K20xas long as short