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−0.0069%/8h= −7.5% APRnext payment $0.69 per $10,000 · paid last 24h +0.008%
Price spread now: Orderly against OKX−0.042%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.042% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP188.990.0169pay 0.0169% / 8h1h 58m$4.0M$4.0M50x
ShortOrderly PERP_EWY_USDC_mythos188.910.0100get 0.0100% / 8h1h 58m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$14.42
Price spread: −0.042% → 0.000%
−$4.23
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$34.65
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

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 bp6.6 bp −$711.8 bp −$118doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0016%1h188.80−0.101%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.03+0.021%$5.6M$3.5M100xas long as short
Gate EWY_USDT0.0000%8h188.92−0.037%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h188.55−0.233%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.93−0.032%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.83−0.085%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.84−0.079%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.87−0.063%$193K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.87−0.063%$6.4M$14.9M20xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.73−0.138%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h188.87−0.063%$772$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.69−0.159%$221K$181K10xas long as short
HTX EWY-USDT+0.0077%8h188.92−0.037%$36K$8K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.83−0.085%$957K$725K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.65−0.180%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h188.91−0.042%$2K$1K20x
Paradex EWY-USD-PERP+0.0114%8h188.99−0.002%$235xas long as short
Bitget EWYUSDT+0.0114%8h188.91−0.042%$2.5M$1.4M20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h188.92−0.037%$524K$327K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0121%1h188.96−0.016%$2K$13K20xas long as short
OKX EWY-USDT-SWAPlong+0.0169%8h188.99long leg$4.0M$4.0M50x
Aster EWYUSDT+0.0320%8h188.73−0.136%$293K$12K20xas long as short
Entropy io:EWY+0.0347%1h188.80−0.101%$49K$36K25xas long as short
Variational Omni EWY+0.0358%8h188.86−0.070%$1.4M$899Kas long as short
MEXC EWY_USDT+0.0404%8h188.93−0.032%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0408%1h188.89−0.052%$304K$410K10xas long as short
Binance EWYUSDT+0.0409%8h188.92−0.037%$28.3M$79.6M50xas long as short
BloFin EWY-USDT+0.0423%8h188.91−0.042%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0524%8h188.85−0.072%$747K$410K10xas long as short
edgeX EWYUSDC+0.0706%4h188.85−0.075%$423K$275K20xas long as short