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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.040%
Price spread now: KuCoin against Binance−0.048%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$469as in the Funding arb table
Net, price: spread back to 7d avg − costs−$470as in the Price arb table
costs, in and out, $10k−$4724.717% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)−0.229%−$23 · spread now −0.048%, 7d avg −0.064%
Together, before fees−0.199%−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT186.460get 0.0000% / 8h4m 03s$27.0M$83.3M50x
ShortKuCoin EWYUSDTM186.370.0100get 0.0100% / 8h4m 03s$959K$603K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.048% → −0.064%
$1.66
Slippage, 4 orders
−$449.73
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$449.06
Costs to cover
4.717%
Break-even
156.7 days
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 20 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 Binance live order book, 8 min ago0.27 bp5.3 bp −$57.2 bp −$7221.7 bp −$2,169doesn't fit
Sell KuCoin live order book, 20 min ago5.10 bp113.9 bp −$114doesn't fitdoesn'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
Hotstuff EWY-PERP−3.3232%1h186.37−0.048%$27K$15K20xas long as short
Bitget EWYUSDT−0.0604%8h186.53+0.038%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0029%1h185.90−0.300%$220K25xas long as short
BloFin EWY-USDT−0.0016%8h186.48+0.011%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h186.48+0.014%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.40−0.029%$237K$915K10xas long as short
Binance EWYUSDTlong0.0000%8h186.46long leg$27.0M$83.3M50x
Bybit EWYUSDT0.0000%8h186.48+0.011%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.40−0.032%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.50+0.022%$4.1M$4.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h186.45−0.005%$7.9M$4.4M100xas long as short
Variational Omni EWY0.0000%8h186.48+0.011%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.51+0.028%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.37−0.048%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.081%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.49+0.017%$1.6M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0018%1h186.40−0.032%$2K$14K20xas long as short
Lighter EWY+0.0032%1h186.31−0.080%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.44−0.010%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.32−0.075%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.28−0.096%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.33−0.069%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.43−0.016%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.28−0.096%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.017%$517K$251K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.39−0.039%$225xas long as short
KuCoin EWYUSDTMshort+0.0100%8h186.37−0.048%$959K$603K20x
ApeX Omni EWYUSDT+0.0100%1h186.50+0.022%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.44−0.010%$2K$1K20xas long as short
edgeX EWYUSDC+0.0442%4h186.45−0.006%$418K$286K20xas long as short