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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.070%
Price spread now: MEXC against Phemex−0.005%50s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$950.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.180%+$18 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.005%, 7d avg −0.006%
Together, before fees+0.204%+$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex EWYUSDT189.220get 0.0000% / 8h3h 19m$1.7M$37K10x
ShortMEXC EWY_USDT189.210get 0.0000% / 8h3h 19m$6.2M$3.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Phemex. 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
$0
Price spread: −0.005% → −0.006%
$0.09
Slippage, 4 orders
−$83.17
Fee Phemex: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$95.08
Costs to cover
0.952%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; MEXC: live order book, 3 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 Phemex live order book, 4 min ago3.17 bp55.0 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.26 bp0.3 bp $00.3 bp −$32.6 bp −$264101.7 bp −$50.9K

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
BloFin EWY-USDT−0.0022%8h189.43+0.111%$48K$214K50xas long as short
Aster EWYUSDT0.0000%8h189.22+0.002%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.14−0.042%$300K$667K10xas long as short
Binance EWYUSDT0.0000%8h189.20−0.010%$27.6M$77.4M50xas long as short
Bybit EWYUSDT0.0000%8h189.220.000%$5.1M$4.3M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.16−0.032%$4.3M$4.0M50xas long as short
Hotstuff EWY-PERP0.0000%1h189.29+0.037%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h189.20−0.011%$4.1M$3.9M50xas long as short
MEXC EWY_USDTshort0.0000%8h189.21−0.005%$6.2M$3.8M100x
Bitget EWYUSDT0.0000%8h189.25+0.016%$2.7M$2.2M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h189.44+0.117%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.46+0.127%$749K$402K10xas long as short
SunX EWY-USDT0.0000%8h189.26+0.021%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.18−0.021%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h189.44+0.116%$22K$35K20xas long as short
Phemex EWYUSDTlong0.0000%8h189.22long leg$1.7M$37K10x
Lighter EWY+0.0032%1h189.10−0.063%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.21−0.005%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.220.000%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.35+0.069%$527K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.10−0.063%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.220.000%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.01−0.111%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.220.000%$735$4K10xas long as short
Paradex EWY-USD-PERP+0.0050%8h189.21−0.006%$235xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.24+0.011%$201K$304K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.21−0.005%$975K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.51+0.153%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.18−0.021%$2K$1K20xas long as short
edgeX EWYUSDC+0.0291%4h189.43+0.110%$425K$284K20xas long as short