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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0292%/8h= +31.9% APRpaid last 24h +0.139%
Price spread now: edgeX against Variational Omni+0.032%7-day average −0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.663%+$66 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.032%, 7d avg −0.005%
Together, before fees+0.638%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$64 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.036% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY187.610.0018pay 0.0018% / 8h6h 19m$1.2M$909K
ShortedgeX EWYUSDC187.670.0309get 0.0155% / 4h2h 19m$421K$286K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
$61.22
Price spread: +0.032% → −0.005%
$3.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$55.87
Costs to cover
0.090%
Break-even
0.6 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; edgeX: live order book, 32 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago2.24 bpdoesn't fit7.1 bp −$71doesn't fitdoesn't fit
Sell edgeX live order book, 32 min ago5.60 bp10.4 bp −$1014.4 bp −$144doesn't fitdoesn'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−0.0136%1h187.51−0.051%$28K$16K20xas long as short
Bitget EWYUSDT−0.0117%8h187.63+0.013%$3.1M$2.9M20xas long as short
Aster EWYUSDT0.0000%8h187.51−0.051%$290K$14K20xas long as short
Bybit EWYUSDT0.0000%8h187.67+0.034%$4.9M$4.7M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.56−0.025%$4.0M$4.7M50xas long as short
SunX EWY-USDT0.0000%8h187.60−0.003%$1.8M20xas long as short
Phemex EWYUSDT0.0000%8h187.66+0.028%$1.7M$37K10xas long as short
Variational Omni EWYlong+0.0018%8h187.61long leg$1.2M$909K
BloFin EWY-USDT+0.0032%8h187.61+0.002%$48K$227K50xas long as short
Lighter EWY+0.0032%1h187.43−0.094%$380K$44K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h187.71+0.055%$215K25xas long as short
Popdex EWYUSDT+0.0048%1h187.65+0.023%$199K$166K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.49−0.062%$5.8M$15.2M20xas long as short
Entropy io:EWY+0.0050%1h187.58−0.014%$142K$119K25xas long as short
MEXC EWY_USDT+0.0050%8h187.62+0.007%$7.4M$4.3M100xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.67+0.034%$4K$5K20xas long as short
SoDEX EWY-USD+0.0050%1h187.62+0.007%$768$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.45−0.083%$227K$317K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h187.73+0.066%$235xas long as short
Binance EWYUSDT+0.0056%8h187.62+0.009%$26.3M$83.4M50xas long as short
Extended EWY_24_5-USD+0.0056%1h187.57−0.018%$234K$909K10xas long as short
Gate EWY_USDT+0.0079%8h187.70+0.050%$4.0M$4.6M50xas long as short
KuCoin EWYUSDTM+0.0100%8h187.47−0.073%$964K$679K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.42−0.099%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.61+0.002%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h187.79+0.098%$521K$248K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0177%1h187.60−0.003%$3K$14K20xas long as short
HTX EWY-USDT+0.0189%8h187.77+0.087%$22K$35K20xas long as short
edgeX EWYUSDCshort+0.0309%4h187.67+0.032%$421K$286K20x
GRVT EWY_USDT_Perp+0.0667%8h187.76+0.083%$735K$410K10xas long as short