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+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin−0.011%94s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$140.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.011%, 7d avg −0.007%
Together, before fees+0.035%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT186.48−0.0016get 0.0016% / 8h3m 34s$48K$217K50x
ShortMEXC EWY_USDT186.460get 0.0000% / 8h3m 34s$7.9M$4.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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
$3.38
Price spread: −0.011% → −0.007%
−$0.41
Slippage, 4 orders
−$2.34
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$11.37
Costs to cover
0.143%
Break-even
30.5 days
Slippage from BloFin: live order book, 2 min ago; MEXC: live order book, 4 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 BloFin live order book, 2 min ago0.54 bp7.3 bp −$78.2 bp −$8215.6 bp −$1,562doesn't fit
Sell MEXC live order book, 4 min ago0.27 bp0.3 bp $00.5 bp −$53.2 bp −$316109.9 bp −$54.9K

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−4.4720%1h186.32−0.086%$28K$15K20xas long as short
Bitget EWYUSDT−0.0608%8h186.57+0.048%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0029%1h185.90−0.311%$220K25xas long as short
BloFin EWY-USDTlong−0.0016%8h186.48long leg$48K$217K50x
Aster EWYUSDT0.0000%8h186.49+0.006%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.41−0.038%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.46−0.011%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.480.000%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.45−0.016%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.50+0.011%$4.1M$4.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDTshort0.0000%8h186.46−0.011%$7.9M$4.4M100x
Variational Omni EWY0.0000%8h186.480.000%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.51+0.017%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.37−0.059%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.070%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.49+0.005%$1.6M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0018%1h186.40−0.043%$2K$14K20xas long as short
Lighter EWY+0.0032%1h186.31−0.091%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.480.000%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.31−0.091%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.31−0.091%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.33−0.080%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.43−0.027%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.28−0.107%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.005%$517K$251K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.42−0.031%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.38−0.054%$960K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.50+0.011%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.44−0.021%$2K$1K20xas long as short
edgeX EWYUSDC+0.0442%4h186.45−0.017%$418K$286K20xas long as short