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−0.0048%/8h= −5.3% APRpaid last 24h +0.056%
Price spread now: Binance against Popdex+0.003%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.025%+$3 on $10k
Price spread, last 4 days (all we have)+0.209%+$21 · spread now +0.003%, 7d avg +0.009%
Together, before fees+0.234%+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT186.720.0048pay 0.0006% / 1h19m 47s$197K$153K20x
ShortBinance EWYUSDT186.730get 0.0000% / 8h19m 47s$27.1M$83.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Popdex. 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
−$10.08
Price spread: +0.003% → +0.009%
−$0.53
Slippage, 4 orders
−$5.29
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$32.3
Costs to cover
0.217%
Break-even
never at this rate
Slippage from Popdex: live order book, 19 min ago; Binance: live order book, 8 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 Popdex live order book, 19 min ago0.53 bp6.4 bp −$69.7 bp −$97doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.27 bp5.3 bp −$57.2 bp −$7224.9 bp −$2,492doesn't fit

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
Hotstuff EWY-PERP−0.1568%1h186.64−0.043%$28K$12K20xas long as short
Bitget EWYUSDT−0.0529%8h186.83+0.059%$3.0M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0015%1h186.22−0.268%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.75+0.014%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.65−0.035%$237K$912K10xas long as short
Binance EWYUSDTshort0.0000%8h186.73+0.003%$27.1M$83.0M50x
Bybit EWYUSDT0.0000%8h186.79+0.037%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.67−0.027%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.75+0.016%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h186.720.000%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.65−0.036%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.54−0.096%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.58−0.075%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.77+0.027%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.70−0.011%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0012%8h186.71−0.005%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.50−0.118%$378K$40K20xas long as short
Popdex EWYUSDTlong+0.0048%1h186.72long leg$197K$153K20x
tradeXYZ xyz:EWY+0.0050%1h186.57−0.080%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.53−0.102%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.54−0.096%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.69−0.016%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.45−0.145%$224K$326K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.59−0.070%$518K$254K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.66−0.034%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.51−0.112%$961K$602K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.58−0.075%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.71−0.005%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0232%1h186.63−0.048%$2K$14K20xas long as short
edgeX EWYUSDC+0.0662%4h186.56−0.088%$418K$289K20xas long as short