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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h +0.009%
Price spread now: Bitget against Popdex−0.016%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.031%−$3 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.016%, 7d avg +0.002%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT190.590.0048pay 0.0006% / 1h42m 37s$198K$146K20x
ShortBitget EWYUSDT190.560.0041get 0.0041% / 8h4h 42m$2.7M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$1.47
Price spread: −0.016% → +0.002%
−$1.74
Slippage, 4 orders
−$12.52
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$34.13
Costs to cover
0.309%
Break-even
never at this rate
Slippage from Popdex: live order book, 16 min ago; Bitget: live order book, 5 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, 16 min ago0.52 bp5.1 bp −$510.7 bp −$107doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.05 bp10.1 bp −$1015.1 bp −$15126.4 bp −$2,64269.4 bp −$34.7K

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
Bybit EWYUSDT0.0000%8h190.67+0.042%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.65+0.031%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.43−0.085%$753K$393K10xas long as short
SunX EWY-USDT0.0000%8h190.590.000%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.590.000%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.44−0.079%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.590.000%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.49−0.052%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.39−0.105%$531K$305K20xas long as short
Bitget EWYUSDTshort+0.0041%8h190.56−0.016%$2.7M$2.0M20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.69+0.052%$220K25xas long as short
Popdex EWYUSDTlong+0.0048%1h190.59long leg$198K$146K20x
tradeXYZ xyz:EWY+0.0050%1h190.51−0.042%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.41−0.094%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.47−0.063%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.57−0.010%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.25−0.178%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.60+0.005%$235xas long as short
OKX EWY-USDT-SWAP+0.0067%8h190.590.000%$4.1M$3.4M50xas long as short
Hotstuff EWY-PERP+0.0080%1h190.54−0.026%$29K$12K20xas long as short
Aster EWYUSDT+0.0093%8h190.62+0.017%$296K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.55−0.021%$982K$622K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.32−0.142%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.58−0.005%$2K$1K20xas long as short
Variational Omni EWY+0.0135%8h190.37−0.116%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0163%8h190.56−0.016%$48K$214K50xas long as short
Binance EWYUSDT+0.0167%8h190.590.000%$28.5M$76.6M50xas long as short
Extended EWY_24_5-USD+0.0168%1h190.55−0.020%$301K$669K10xas long as short
MEXC EWY_USDT+0.0169%8h190.58−0.005%$6.5M$3.9M100xas long as short
edgeX EWYUSDC+0.0816%4h190.39−0.107%$427K$284K20xas long as short