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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.054%
Price spread now: Bitget against tradeXYZ+0.069%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.145%−$14 on $10k
Price spread, last 7 days+0.007%+$1 · spread now +0.069%, 7d avg +0.090%
Together, before fees−0.138%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.021% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EWY188.770.0050pay 0.0006% / 1h47m 02s$5.9M$15.5M20x
ShortBitget EWYUSDT188.900get 0.0000% / 8h5h 47m$3.1M$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
−$10.5
Price spread: +0.069% → +0.090%
−$2.14
Slippage, 4 orders
−$8.6
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$51.24
Costs to cover
0.386%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Bitget: live order book, 4 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 tradeXYZ live order book, 5 min ago0.53 bp10.9 bp −$1114.3 bp −$143doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago0.79 bp8.8 bp −$910.9 bp −$10933.6 bp −$3,363doesn't fit

EWY on 30 exchanges

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−7.2752%1h187.39−0.731%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.83+0.032%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.87+0.053%$4.0M$4.9M50xas long as short
Bitget EWYUSDTshort0.0000%8h188.90+0.069%$3.1M$3.1M20x
SunX EWY-USDT0.0000%8h188.49−0.148%$1.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.89+0.064%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.72−0.026%$383K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.99+0.117%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.88+0.058%$202K$167K20xas long as short
tradeXYZ xyz:EWYlong+0.0050%1h188.77long leg$5.9M$15.5M20x
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.82+0.026%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.83+0.032%$777$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.97+0.106%$226K$315K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h188.97+0.108%$235xas long as short
Polymarket Perps EWY-USD+0.0072%1h188.98+0.111%$4K$6K20xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.87+0.053%$524K$253K20xas long as short
Gate EWY_USDT+0.0096%8h188.92+0.079%$4.0M$4.8M50xas long as short
KuCoin EWYUSDTM+0.0100%8h188.69−0.042%$970K$702K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.07+0.159%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.82+0.026%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0121%1h188.81+0.021%$3K$12K20xas long as short
Aster EWYUSDT+0.0135%8h188.73−0.021%$292K$14K20xas long as short
Variational Omni EWY+0.0180%8h188.99+0.115%$1.1M$941Kas long as short
MEXC EWY_USDT+0.0221%8h188.86+0.048%$7.4M$4.3M100xas long as short
BloFin EWY-USDT+0.0223%8h188.85+0.042%$48K$237K50xas long as short
Binance EWYUSDT+0.0229%8h188.83+0.033%$26.3M$86.5M50xas long as short
Extended EWY_24_5-USD+0.0232%1h188.78+0.008%$247K$935K10xas long as short
HTX EWY-USDT+0.0398%8h188.94+0.090%$22K$36K20xas long as short
edgeX EWYUSDC+0.0493%4h189.04+0.140%$424K$290K20xas long as short
GRVT EWY_USDT_Perp+0.0903%8h189.00+0.123%$741K$408K10xas long as short