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

EWZ

RWAall EWZ markets
SwapBacktest
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 −0.019%
Price spread now: MEXC against GRVT−0.011%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1671.672% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.011%, 7d avg +0.008%
Together, before fees+0.010%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EWZ_USDT_Perp37.9440get 0.0000% / 8h2h 11m$3$135K10x
ShortMEXC EWZ_USDT37.9400get 0.0000% / 8h2h 11m$721K$82K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against GRVT. 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
Price spread: −0.011% → +0.008%
−$1.91
Slippage, 4 orders
−$158.17
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$169.08
Costs to cover
1.672%
Break-even
never at this rate
Slippage from GRVT: live order book, 31 min ago; MEXC: live order book, 29 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 GRVT live order book, 31 min ago6.59 bp80.4 bp −$80180.4 bp −$1,804doesn't fitdoesn't fit
Sell MEXC live order book, 29 min ago10.55 bp24.2 bp −$24105.2 bp −$1,052205.1 bp −$20.5Kdoesn't fit

EWZ on 13 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
tradeXYZ xyz:EWZ−0.0448%1h37.950+0.015%$592K$81K20xas long as short
KuCoin EWZUSDTM−0.0248%8h37.890−0.143%$24K$719K20xas long as short
Aster EWZUSDT0.0000%8h37.969+0.066%$9K$5020xas long as short
Binance EWZUSDT0.0000%8h37.940−0.011%$295K$227K20xas long as short
Bybit EWZUSDT0.0000%8h37.930−0.037%$327K$15K25xas long as short
OKX EWZ-USDT-SWAP0.0000%8h37.970+0.068%$124K$39K20xas long as short
Gate EWZ_USDT0.0000%8h37.930−0.037%$61K$7K20xas long as short
MEXC EWZ_USDTshort0.0000%8h37.940−0.011%$721K$82K50x
Bitget EWZUSDT0.0000%8h37.954+0.026%$77K$22K20xas long as short
Variational Omni EWZ0.0000%8h37.949+0.012%$49K$6Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWZ_USDT_Perplong0.0000%8h37.944long leg$3$135K10x
SunX EWZ-USDT0.0000%8h37.940−0.011%$979$467K10xas long as short
HTX EWZ-USDT0.0000%8h37.930−0.037%$5K$7K10xas long as short