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+0.0201%/8h= +22.1% APRnext payment +$2.01 per $10,000 · paid last 24h +0.039%
Price spread now: Aster against Bybit+0.008%7-day average −0.017% · 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+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.008%, 7d avg −0.017%
Together, before fees+0.015%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.025% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.01 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
LongBybit EWYUSDT190.150get 0.0000% / 8h5h 26m$5.1M$4.3M100x
ShortAster EWYUSDT190.170.0201get 0.0201% / 8h5h 26m$295K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$42.29
Price spread: +0.008% → −0.017%
$2.53
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$25.82
Costs to cover
0.190%
Break-even
2.7 days
Slippage unknown: Bybit: live order book, 1 min ago; Aster: live order book, 35 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 Bybit live order book, 1 min ago0.26 bp6.9 bp −$710.9 bp −$109doesn't fitdoesn't fit
Sell Aster live order book, 35 min ago2.37 bp9.0 bp −$910.2 bp −$102doesn'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 EWYUSDTlong0.0000%8h190.15long leg$5.1M$4.3M100x
Gate EWY_USDT0.0000%8h190.13−0.011%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.32+0.088%$752K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.17+0.011%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.07−0.042%$530K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.35+0.105%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.12−0.016%$1.7M$38K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0013%1h190.04−0.058%$2K$13K20xas long as short
Lighter EWY+0.0032%1h189.96−0.100%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.29+0.074%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.13−0.011%$198K$145K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.05−0.053%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.11−0.021%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.94−0.110%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.09−0.032%$743$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.14−0.005%$198K$265K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.12−0.016%$235xas long as short
Bitget EWYUSDT+0.0067%8h190.150.000%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.13−0.011%$979K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.25+0.053%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.12−0.016%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0108%8h190.14−0.005%$4.1M$3.5M50xas long as short
Hotstuff EWY-PERP+0.0176%1h190.08−0.037%$28K$12K20xas long as short
Aster EWYUSDTshort+0.0201%8h190.17+0.008%$295K$12K20x
BloFin EWY-USDT+0.0254%8h190.07−0.042%$48K$214K50xas long as short
Variational Omni EWY+0.0257%8h190.27+0.061%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0272%1h190.08−0.037%$302K$665K10xas long as short
Binance EWYUSDT+0.0274%8h190.12−0.015%$28.4M$76.9M50xas long as short
MEXC EWY_USDT+0.0278%8h190.13−0.011%$6.5M$4.2M100xas long as short
edgeX EWYUSDC+0.0913%4h190.22+0.035%$426K$284K20xas long as short