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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.020%
Price spread now: Popdex against OKX−0.005%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.260% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.139%−$14 · spread now −0.005%, 7d avg +0.007%
Together, before fees−0.142%−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP185.880get 0.0000% / 8h7h 42m$4.1M$4.6M50x
ShortPopdex EWYUSDT185.870.0048get 0.0006% / 1h42m 19s$197K$154K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$10.08
Price spread: −0.005% → +0.007%
−$1.27
Slippage, 4 orders
−$9.63
Fee OKX: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$17.22
Costs to cover
0.260%
Break-even
19.0 days
Slippage from OKX: live order book, 5 min ago; Popdex: live order book, 56 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 ago0.27 bp6.7 bp −$710.4 bp −$104doesn't fitdoesn't fit
Sell Popdex live order book, 56 min ago0.53 bp4.3 bp −$47.7 bp −$77doesn'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
Bitget EWYUSDT−0.0550%8h185.90+0.011%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0022%1h185.59−0.156%$235K25xas long as short
Aster EWYUSDT0.0000%8h186.01+0.069%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.83−0.025%$240K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.87−0.005%$26.9M$82.1M50xas long as short
OKX EWY-USDT-SWAPlong0.0000%8h185.88long leg$4.1M$4.6M50x
Gate EWY_USDT0.0000%8h185.89+0.005%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.85−0.016%$7.8M$4.4M100xas long as short
Variational Omni EWY0.0000%8h185.89+0.008%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.90+0.008%$728K$424K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h185.99+0.059%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.06+0.097%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.96+0.043%$1.6M$36K10xas long as short
BloFin EWY-USDT+0.0004%8h185.97+0.048%$48K$219K50xas long as short
Lighter EWY+0.0032%1h185.70−0.097%$376K$40K20xas long as short
Popdex EWYUSDTshort+0.0048%1h185.87−0.005%$197K$154K20x
tradeXYZ xyz:EWY+0.0050%1h185.71−0.091%$6.2M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h185.81−0.038%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.69−0.102%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.92+0.022%$738$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.72−0.086%$234K$334K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h185.84−0.022%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h185.86−0.011%$957K$619K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.76−0.065%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.880.000%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.80−0.043%$515K$251K20xas long as short
Bybit EWYUSDT+0.0117%8h185.92+0.022%$4.9M$4.8M100xas long as short
Deribit EWY_USDC-PERPETUAL+0.0181%1h185.91+0.016%$3K$15K20xas long as short
Hotstuff EWY-PERP+0.0200%1h185.83−0.027%$28K$15K20xas long as short
edgeX EWYUSDC+0.0859%4h185.95+0.036%$417K$287K20xas long as short