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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.036%
Price spread now: GRVT against Orderly+0.143%7-day average · you sell dearer than you buy
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 airdropGRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.143% dearer against Orderly than usual: you sell high and buy low (spread +0.143% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EWY_USDC_mythos188.400.0100pay 0.0100% / 8h1h 56m$2K$1K20x
ShortGRVT EWY_USDT_Perp188.670get 0.0000% / 8h1h 56m$745K$423K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.143% → 0.000%
$14.35
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$21.65
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 51 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 GRVT live order book, 51 min ago1.85 bp7.7 bp −$812.5 bp −$125doesn'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
Deribit EWY_USDC-PERPETUAL−0.0122%1h188.33−0.037%$2K$14K20xas long as short
Bitget EWYUSDT−0.0091%8h188.27−0.069%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0012%8h188.31−0.048%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h188.21−0.100%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.15−0.134%$241K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.19−0.111%$27.4M$81.5M50xas long as short
Bybit EWYUSDT0.0000%8h188.23−0.090%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.17−0.122%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.27−0.069%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.19−0.111%$8.5M$4.1M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h188.63+0.122%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perpshort0.0000%8h188.67+0.143%$745K$423K10x
SunX EWY-USDT0.0000%8h188.36−0.021%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.71+0.165%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.29−0.058%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.04−0.191%$381K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.11−0.154%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.22−0.096%$198K$151K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.61+0.111%$524K$277K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.10−0.159%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h188.23−0.090%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.03−0.196%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.30−0.053%$759$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.49+0.048%$215K$319K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h188.14−0.140%$235xas long as short
Hotstuff EWY-PERP+0.0096%1h188.44+0.021%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.15−0.133%$970K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.52+0.064%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h188.40long leg$2K$1K20x
edgeX EWYUSDC+0.0761%4h188.49+0.047%$423K$283K20xas long as short