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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.022%
Price spread now: Extended against Orderly−0.073%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.073% cheaper against Orderly than usual: you would sell low and buy high (−$7 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_mythos187.650.0100pay 0.0100% / 8h6h 55m$2K$1K20x
ShortExtended EWY_24_5-USD187.510get 0.0000% / 1h55m 56s$238K$896K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.073% → 0.000%
−$7.26
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$39.26
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 37 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 Extended live order book, 37 min ago0.03 bp2.9 bp −$36.5 bp −$65doesn't fitdoesn'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
Bitget EWYUSDT−0.0324%8h187.62−0.016%$3.1M$2.8M20xas long as short
Aster EWYUSDT0.0000%8h187.34−0.165%$290K$14K20xas long as short
Extended EWY_24_5-USDshort0.0000%1h187.51−0.073%$238K$896K10x
Binance EWYUSDT0.0000%8h187.50−0.080%$26.8M$82.6M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.51−0.075%$4.0M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h187.68+0.016%$4.0M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h187.55−0.053%$7.5M$4.1M100xas long as short
Variational Omni EWY0.0000%8h187.63−0.012%$1.2M$909Kas long as short
GRVT EWY_USDT_Perp0.0000%8h186.96−0.370%$733K$414K10xas long as short
SunX EWY-USDT0.0000%8h187.49−0.085%$2.1M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EWY-USDT0.0000%8h187.77+0.064%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.64−0.005%$1.7M$36K10xas long as short
BloFin EWY-USDT+0.0003%8h187.77+0.064%$48K$224K50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0017%1h187.63−0.011%$3K$15K20xas long as short
Lighter EWY+0.0032%1h187.51−0.075%$380K$41K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.82+0.091%$215K25xas long as short
Popdex EWYUSDT+0.0048%1h187.80+0.080%$197K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.53−0.064%$5.8M$15.2M20xas long as short
Entropy io:EWY+0.0050%1h187.45−0.107%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.62−0.016%$4K$4K20xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.47−0.096%$234K$311K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h187.88+0.123%$235xas long as short
Hotstuff EWY-PERP+0.0096%1h187.55−0.053%$28K$16K20xas long as short
KuCoin EWYUSDTM+0.0100%8h187.55−0.053%$965K$649K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.94−0.378%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h187.65long leg$2K$1K20x
Bybit EWYUSDT+0.0114%8h187.54−0.059%$5.0M$4.6M100xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h186.97−0.362%$519K$237K20xas long as short
SoDEX EWY-USD+0.0565%1h187.650.000%$755$3K10xas long as short
edgeX EWYUSDC+0.0756%4h187.16−0.259%$420K$284K20xas long as short