Funding arb · Price arb /

EWZ

RWAall EWZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.098%

Price spread now: Gate against Binance−0.077%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.077% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EWZUSDT	37.919	0	get 0.0000% / 8h	1h 34m	$288K	$262K	20x
Short	Gate EWZ_USDT	37.890	0	get 0.0000% / 8h	1h 34m	$60K	$7K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.077%Rate

Funding earned: $0
Price spread: −0.077% → 0.000%: −$7.7
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$32.7
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 57 min ago; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 57 min ago	2.64 bp	25.7 bp −$26	116.0 bp −$1,160	doesn't fit	doesn't fit
Sell Gate no order-book sample	—	—	—	—	—

Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EWZ on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin EWZUSDTM	−0.0703%	8h	37.830	−0.235%	$25K	$721K	20x	as long as short
tradeXYZ xyz:EWZ	−0.0502%	1h	37.904	−0.040%	$592K	$83K	20x	as long as short
Aster EWZUSDT	0.0000%	8h	37.928	+0.024%	$9K	$50	20x	as long as short
Binance EWZUSDTlong	0.0000%	8h	37.919	long leg	$288K	$262K	20x
Bybit EWZUSDT	0.0000%	8h	37.890	−0.077%	$327K	$15K	25x	as long as short
OKX EWZ-USDT-SWAP	0.0000%	8h	37.920	+0.002%	$124K	$40K	20x	as long as short
Gate EWZ_USDTshort	0.0000%	8h	37.890	−0.077%	$60K	$7K	20x
MEXC EWZ_USDT	0.0000%	8h	37.900	−0.051%	$721K	$80K	50x	as long as short
Bitget EWZUSDT	0.0000%	8h	37.919	−0.001%	$77K	$24K	20x	as long as short
Variational Omni EWZ	0.0000%	8h	37.913	−0.015%	$49K	$34K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT EWZ_USDT_Perp	0.0000%	8h	37.923	+0.010%	$3	$133K	10x	as long as short
SunX EWZ-USDT	0.0000%	8h	37.910	−0.024%	$1K	$510K	10x	as long as short
HTX EWZ-USDT	0.0000%	8h	37.840	−0.209%	$5K	$7K	10x	as long as short