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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0378%/8h= −41.4% APRnext payment $3.78 per $10,000 · paid last 24h +0.038%
Price spread now: Bybit against Aster+0.126%7-day average +0.019% · 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 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.126%, 7d avg +0.019%
Together, before fees−0.114%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.107% dearer against Aster than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of +0.019%): +$11 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.037% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EWYUSDT188.940.0378pay 0.0378% / 8h1h 47m$293K$12K20x
ShortBybit EWYUSDT189.180get 0.0000% / 8h1h 47m$5.2M$4.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
−$79.33
Price spread: +0.126% → +0.019%
$10.71
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$87.62
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 34 min ago; Bybit: live order book, 5 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 Aster live order book, 34 min ago2.65 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.26 bp9.1 bp −$916.5 bp −$165doesn'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
Bybit EWYUSDTshort0.0000%8h189.18+0.126%$5.2M$4.1M100x
Hotstuff EWY-PERP0.0000%1h189.02+0.041%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h189.11+0.089%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.71−0.123%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.04+0.052%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.01+0.036%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.15+0.110%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.11+0.089%$194K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.05+0.057%$6.4M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h188.97+0.015%$49K$36K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps EWY-USD+0.0050%1h188.95+0.004%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h189.06+0.063%$782$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.97+0.015%$221K$181K10xas long as short
KuCoin EWYUSDTM+0.0100%8h188.99+0.026%$958K$724K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.72−0.117%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.06+0.063%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0117%8h189.26+0.166%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.06+0.063%$524K$329K20xas long as short
HTX EWY-USDT+0.0128%8h189.10+0.084%$36K$8K20xas long as short
Bitget EWYUSDT+0.0133%8h189.12+0.094%$2.5M$1.4M20xas long as short
OKX EWY-USDT-SWAP+0.0190%8h189.19+0.131%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0226%1h189.05+0.057%$2K$13K20xas long as short
Aster EWYUSDTlong+0.0378%8h188.94long leg$293K$12K20x
Variational Omni EWY+0.0411%8h189.03+0.046%$1.4M$899Kas long as short
MEXC EWY_USDT+0.0471%8h189.09+0.079%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0472%1h189.04+0.052%$304K$410K10xas long as short
Binance EWYUSDT+0.0473%8h189.09+0.077%$28.4M$79.6M50xas long as short
BloFin EWY-USDT+0.0478%8h189.06+0.063%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0571%8h189.06+0.060%$748K$401K10xas long as short
edgeX EWYUSDC+0.0779%4h189.05+0.058%$423K$274K20xas long as short