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−0.0018%/8h= −2.0% APRpaid last 24h +0.050%
Price spread now: BloFin against Popdex−0.005%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.005%, 7d avg +0.004%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, 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 EWYUSDT187.120.0048pay 0.0006% / 1h51m 00s$197K$153K20x
ShortBloFin EWY-USDT187.110.0030get 0.0030% / 8h51m 00s$48K$217K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$3.78
Price spread: −0.005% → +0.004%
−$0.91
Slippage, 4 orders
−$5.27
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.36
Costs to cover
0.237%
Break-even
never at this rate
Slippage from Popdex: live order book, 53 min ago; BloFin: live order book, 20 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, 53 min ago0.80 bp5.0 bp −$59.3 bp −$93doesn't fitdoesn't fit
Sell BloFin live order book, 20 min ago0.53 bp6.5 bp −$77.7 bp −$7715.6 bp −$1,561doesn'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
Bitget EWYUSDT−0.0399%8h187.16+0.021%$2.8M$2.4M20xas long as short
Aster EWYUSDT0.0000%8h187.12+0.001%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.05−0.035%$238K$744K10xas long as short
Binance EWYUSDT0.0000%8h187.10−0.009%$27.3M$82.3M50xas long as short
Bybit EWYUSDT0.0000%8h187.13+0.005%$4.9M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.03−0.048%$4.2M$4.5M50xas long as short
Gate EWY_USDT0.0000%8h187.15+0.016%$4.0M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h187.10−0.011%$8.5M$4.4M100xas long as short
Variational Omni EWY0.0000%8h187.06−0.032%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.17+0.029%$740K$415K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h187.01−0.059%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.21+0.048%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.09−0.016%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0013%1h186.69−0.230%$220K25xas long as short
BloFin EWY-USDTshort+0.0030%8h187.11−0.005%$48K$217K50x
Lighter EWY+0.0032%1h186.92−0.107%$379K$40K20xas long as short
Popdex EWYUSDTlong+0.0048%1h187.12long leg$197K$153K20x
tradeXYZ xyz:EWY+0.0050%1h186.93−0.102%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.02−0.053%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.93−0.102%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h187.04−0.043%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.01−0.059%$223K$332K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h187.09−0.014%$225xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h187.01−0.059%$519K$251K20xas long as short
Hotstuff EWY-PERP+0.0064%1h186.98−0.075%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h186.90−0.118%$962K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.96−0.086%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.10−0.011%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0124%1h187.09−0.016%$2K$14K20xas long as short
edgeX EWYUSDC+0.0672%4h187.20+0.044%$420K$285K20xas long as short