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+0.0012%/8h= +1.3% APRpaid last 24h +0.014%
Price spread now: Vest against Phemex−0.304%7-day average +0.060% · 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 4 days (all we have)+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.377%+$38 · spread now −0.304%, 7d avg +0.060%
Together, before fees+0.425%+ Points / potential airdropVest: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.365% cheaper against Phemex than usual: you would sell low and buy high (spread −0.304% now, against its 7-day average of +0.060%). If the spread goes back, that is −$36 on $10k: about 3 months of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.048% in total) that is about 27 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex EWYUSDT187.240get 0.0000% / 8h49m 47s$1.7M$37K10x
ShortVest EWY-USD-PERP186.670.0012get 0.0002% / 1h49m 47s$220K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$2.52
Price spread: −0.304% → +0.060%
−$36.46
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$47.94
Costs to cover
0.140%
Break-even
140.2 days
Slippage unknown: Phemex: live order book, 3 min ago; Vest: 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, 3 min ago1.87 bp61.6 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0405%8h187.37+0.069%$2.8M$2.4M20xas long as short
Hotstuff EWY-PERP−0.0328%1h186.93−0.166%$28K$12K20xas long as short
Aster EWYUSDT0.0000%8h187.24+0.002%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.19−0.027%$238K$755K10xas long as short
Binance EWYUSDT0.0000%8h187.29+0.025%$27.3M$82.3M50xas long as short
Bybit EWYUSDT0.0000%8h187.30+0.032%$4.9M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.19−0.027%$4.2M$4.5M50xas long as short
Gate EWY_USDT0.0000%8h187.28+0.021%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.28+0.021%$8.5M$4.4M100xas long as short
Variational Omni EWY0.0000%8h187.06−0.097%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.17−0.035%$740K$415K10xas long as short
SunX EWY-USDT0.0000%8h187.01−0.123%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.21−0.016%$22K$35K20xas long as short
Phemex EWYUSDTlong0.0000%8h187.24long leg$1.7M$37K10x
Vest EWY-USD-PERPshort+0.0012%1h186.67−0.304%$220K25x
BloFin EWY-USDT+0.0030%8h187.11−0.069%$48K$217K50xas long as short
Lighter EWY+0.0032%1h187.02−0.117%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.14−0.053%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.14−0.053%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.04−0.107%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.94−0.160%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h187.10−0.075%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.91−0.176%$223K$332K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h187.11−0.067%$225xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h187.01−0.123%$519K$250K20xas long as short
KuCoin EWYUSDTM+0.0100%8h186.92−0.171%$962K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.96−0.150%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.14−0.053%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0178%1h187.13−0.059%$2K$14K20xas long as short
edgeX EWYUSDC+0.0672%4h187.20−0.020%$420K$285K20xas long as short