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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Coinbase International against tradeXYZ+0.048%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$390.387% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.048%, 7d avg +0.010%
Together, before fees−0.070%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.038% dearer against tradeXYZ than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EWY189.390.0145pay 0.0018% / 1h13m 42s$6.6M$14.8M20x
ShortCoinbase International EWY-PERP-INTX189.480.0144get 0.0018% / 1h13m 42s$527K$342K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$0.29
Price spread: +0.048% → +0.010%
$3.79
Slippage, 4 orders
−$10.68
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$35.18
Costs to cover
0.387%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Coinbase International: live order book, 64 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 ago0.79 bp10.6 bp −$1113.8 bp −$138doesn't fitdoesn't fit
Sell Coinbase International live order book, 64 min ago2.38 bp8.9 bp −$911.7 bp −$117doesn't fitdoesn'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
Gate EWY_USDT0.0000%8h189.55+0.084%$3.6M$3.1M50xas long as short
SunX EWY-USDT0.0000%8h189.37−0.011%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.51+0.063%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.34−0.026%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.78+0.206%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.52+0.069%$194K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.55+0.084%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.42+0.016%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.56+0.090%$775$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.33−0.032%$243K$200K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.47+0.042%$965K$687K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.88+0.259%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.53+0.074%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0134%8h189.60+0.109%$235xas long as short
Coinbase International EWY-PERP-INTXshort+0.0144%1h189.48+0.048%$527K$342K20x
tradeXYZ xyz:EWYlong+0.0145%1h189.39long leg$6.6M$14.8M20x
Bybit EWYUSDT+0.0173%8h189.55+0.084%$5.2M$4.1M100xas long as short
Bitget EWYUSDT+0.0224%8h189.59+0.106%$2.6M$1.5M20xas long as short
HTX EWY-USDT+0.0225%8h189.99+0.317%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0320%1h189.38−0.005%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0326%8h189.54+0.079%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0436%1h189.59+0.106%$2K$13K20xas long as short
Aster EWYUSDT+0.0567%8h189.42+0.016%$294K$12K20xas long as short
Variational Omni EWY+0.0661%8h189.82+0.226%$1.5M$972Kas long as short
GRVT EWY_USDT_Perp+0.0661%8h189.90+0.271%$751K$395K10xas long as short
BloFin EWY-USDT+0.0674%8h189.83+0.232%$47K$214K50xas long as short
MEXC EWY_USDT+0.0694%8h189.49+0.053%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0695%8h189.48+0.049%$28.5M$78.8M50xas long as short
Extended EWY_24_5-USD+0.0696%1h189.44+0.027%$298K$396K10xas long as short
edgeX EWYUSDC+0.0771%4h189.89+0.262%$425K$276K20xas long as short