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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Phemex+0.005%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex EWYUSDT189.210get 0.0000% / 8h1h 06m$1.7M$37K10x
ShortOrderly PERP_EWY_USDC_mythos189.220.0100get 0.0100% / 8h1h 06m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.005% → 0.000%
$0.53
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.53
Costs to cover
0.180%
Break-even
5.8 days
Slippage unknown: Phemex: live order book, 2 min ago; Orderly: no order-book sample. 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 Phemex live order book, 2 min ago0.79 bp51.1 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
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
Gate EWY_USDT0.0000%8h189.210.000%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.12−0.048%$2.7M20xas long as short
Phemex EWYUSDTlong0.0000%8h189.21long leg$1.7M$37K10x
Lighter EWY+0.0032%1h189.08−0.069%$376K$100K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.23+0.011%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.22+0.005%$194K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.11−0.053%$52K$52K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.04−0.090%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.210.000%$785$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.02−0.100%$221K$182K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0072%1h189.19−0.011%$6.4M$14.8M20xas long as short
Bybit EWYUSDT+0.0086%8h189.35+0.074%$5.2M$4.1M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.15−0.032%$964K$720K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.28+0.037%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h189.22+0.005%$2K$1K20x
Coinbase International EWY-PERP-INTX+0.0120%1h189.24+0.016%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0135%8h189.19−0.012%$235xas long as short
Bitget EWYUSDT+0.0179%8h189.25+0.021%$2.5M$1.5M20xas long as short
HTX EWY-USDT+0.0203%8h189.25+0.021%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0245%8h189.28+0.037%$4.0M$4.0M50xas long as short
Hotstuff EWY-PERP+0.0264%1h189.17−0.021%$28K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0332%1h189.210.000%$2K$13K20xas long as short
Aster EWYUSDT+0.0495%8h189.20−0.004%$293K$12K20xas long as short
Variational Omni EWY+0.0578%8h189.24+0.016%$1.5M$983Kas long as short
Binance EWYUSDT+0.0607%8h189.22+0.005%$28.5M$79.7M50xas long as short
Extended EWY_24_5-USD+0.0608%1h189.18−0.016%$304K$392K10xas long as short
MEXC EWY_USDT+0.0608%8h189.22+0.005%$7.5M$4.5M100xas long as short
BloFin EWY-USDT+0.0637%8h189.20−0.005%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0663%8h189.28+0.035%$749K$402K10xas long as short
edgeX EWYUSDC+0.0772%4h189.23+0.010%$424K$274K20xas long as short