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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.040%
Price spread now: Binance against Orderly−0.027%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 −$3 a day on $10k at the current rate, and Binance is 0.027% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EWY_USDC_mythos186.950.0100pay 0.0100% / 8h7h 00m$2K$1K20x
ShortBinance EWYUSDT186.900get 0.0000% / 8h7h 00m$26.8M$82.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
−$21
Price spread: −0.027% → 0.000%
−$2.67
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$39.67
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 12 min ago. 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 Orderly no order-book sample
Sell Binance live order book, 12 min ago0.27 bp5.3 bp −$57.0 bp −$7018.8 bp −$1,885doesn't fit
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−0.4680%1h186.84−0.059%$28K$16K20xas long as short
Bitget EWYUSDT−0.0356%8h186.96+0.005%$3.1M$2.8M20xas long as short
BloFin EWY-USDT−0.0001%8h186.93−0.011%$48K$223K50xas long as short
Aster EWYUSDT0.0000%8h186.77−0.098%$289K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.85−0.054%$237K$907K10xas long as short
Binance EWYUSDTshort0.0000%8h186.90−0.027%$26.8M$82.3M50x
OKX EWY-USDT-SWAP0.0000%8h186.950.000%$4.0M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h187.04+0.048%$4.0M$4.7M50xas long as short
MEXC EWY_USDT0.0000%8h186.91−0.021%$7.5M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.03+0.045%$1.2M$931Kas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.09+0.077%$734K$412K10xas long as short
SunX EWY-USDT0.0000%8h186.66−0.155%$2.1M20xas long as short
HTX EWY-USDT0.0000%8h187.08+0.070%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.96+0.005%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h186.77−0.096%$379K$40K20xas long as short
Vest EWY-USD-PERP+0.0039%1h186.91−0.021%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h187.00+0.027%$196K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.79−0.086%$6.0M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h186.84−0.059%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.76−0.102%$4K$4K20xas long as short
SoDEX EWY-USD+0.0050%1h186.950.000%$752$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.71−0.128%$235K$309K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h187.12+0.089%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.80−0.080%$962K$645K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.06+0.059%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h186.95long leg$2K$1K20x
Coinbase International EWY-PERP-INTX+0.0112%1h186.97+0.011%$519K$237K20xas long as short
Bybit EWYUSDT+0.0135%8h186.98+0.016%$5.0M$4.7M100xas long as short
Deribit EWY_USDC-PERPETUAL+0.0339%1h186.92−0.016%$3K$15K20xas long as short
edgeX EWYUSDC+0.0724%4h187.02+0.036%$419K$286K20xas long as short