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+0.0089%/8h= +9.7% APRnext payment +$0.89 per $10,000 · paid last 24h −0.035%
Price spread now: Orderly against BloFin−0.105%52s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.105% cheaper against BloFin than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 4.0 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT189.650.0011pay 0.0011% / 8h3h 40m$47K$213K50x
ShortOrderly PERP_EWY_USDC_mythos189.450.0100get 0.0100% / 8h3h 40m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$18.67
Price spread: −0.105% → 0.000%
−$10.55
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$9.88
Costs to cover
0.180%
Break-even
10.7 days
Slippage unknown: BloFin: live order book, 51 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 51 min ago0.26 bp6.3 bp −$67.2 bp −$7213.3 bp −$1,327doesn't fit
Sell Orderly no order-book sample
Orderly: 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.

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
Aster EWYUSDT0.0000%8h189.60−0.029%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.53−0.063%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.52−0.069%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h189.54−0.058%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.55−0.053%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.64−0.004%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68+0.018%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.43−0.116%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.42−0.121%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.227%$22K$35K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex EWYUSDT0.0000%8h189.47−0.095%$1.7M$37K10xas long as short
BloFin EWY-USDTlong+0.0011%8h189.65long leg$47K$213K50x
Extended EWY_24_5-USD+0.0024%1h189.43−0.118%$300K$667K10xas long as short
Binance EWYUSDT+0.0026%8h189.48−0.090%$27.6M$76.6M50xas long as short
MEXC EWY_USDT+0.0027%8h189.50−0.079%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.35−0.158%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.61−0.021%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.51−0.074%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.095%$530K$291K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.43−0.116%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.60−0.026%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.32−0.174%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.49−0.084%$750$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.44−0.111%$209K$283K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.59−0.032%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.48−0.090%$975K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.85+0.105%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h189.45−0.105%$2K$1K20x
edgeX EWYUSDC+0.0380%4h189.74+0.050%$426K$283K20xas long as short
Hotstuff EWY-PERP+0.0440%1h189.51−0.074%$28K$12K20xas long as short