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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0941%/8h= +103.0% APRpaid last 24h +0.189%
Price spread now: edgeX against Bybit−0.213%81s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs+$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.019%+$102 on $10k
Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.213%, 7d avg −0.025%
Together, before fees+1.224%+ Points / potential airdropedgeX: Active · farm board+$122 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.188% cheaper against Bybit than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of −0.025%). If the spread goes back, that is −$19 on $10k: about 16 hours of funding at the current rate (+$28 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT188.070get 0.0000% / 8h6h 14m$5.0M$4.7M100x
ShortedgeX EWYUSDC187.670.0941get 0.0470% / 4h2h 14m$421K$287K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$197.51
Price spread: −0.213% → −0.025%
−$18.79
Slippage, 4 orders
−$16.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$141.96
Costs to cover
0.368%
Break-even
2.0 days
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 37 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 Bybit live order book, 2 min ago0.27 bp8.2 bp −$811.5 bp −$115doesn't fitdoesn't fit
Sell edgeX live order book, 37 min ago5.60 bp10.4 bp −$1014.4 bp −$144doesn't fitdoesn't fit

EWY on 30 exchanges

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−0.0432%1h187.73−0.181%$28K$16K20xas long as short
Bitget EWYUSDT−0.0086%8h187.96−0.058%$3.1M$2.9M20xas long as short
Aster EWYUSDT0.0000%8h187.89−0.094%$291K$14K20xas long as short
Bybit EWYUSDTlong0.0000%8h188.07long leg$5.0M$4.7M100x
OKX EWY-USDT-SWAP0.0000%8h187.97−0.053%$4.0M$4.7M50xas long as short
SunX EWY-USDT0.0000%8h187.62−0.239%$1.8M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.88−0.101%$3K$14K20xas long as short
Phemex EWYUSDT0.0000%8h187.97−0.053%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.83−0.128%$381K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.04−0.016%$215K25xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h187.97−0.053%$200K$165K20xas long as short
Variational Omni EWY+0.0048%8h187.83−0.125%$1.2M$909Kas long as short
tradeXYZ xyz:EWY+0.0050%1h187.89−0.096%$5.8M$15.2M20xas long as short
Entropy io:EWY+0.0050%1h187.76−0.165%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.05−0.011%$4K$5K20xas long as short
SoDEX EWY-USD+0.0050%1h187.94−0.069%$772$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.43−0.340%$226K$312K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h188.10+0.015%$235xas long as short
MEXC EWY_USDT+0.0079%8h187.98−0.048%$7.4M$4.3M100xas long as short
BloFin EWY-USDT+0.0082%8h187.85−0.117%$48K$229K50xas long as short
Gate EWY_USDT+0.0085%8h188.070.000%$4.0M$4.6M50xas long as short
Extended EWY_24_5-USD+0.0088%1h187.91−0.085%$234K$909K10xas long as short
Binance EWYUSDT+0.0089%8h187.99−0.041%$26.3M$83.4M50xas long as short
KuCoin EWYUSDTM+0.0100%8h187.82−0.133%$966K$681K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.71−0.191%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.95−0.064%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h187.79−0.149%$521K$246K20xas long as short
HTX EWY-USDT+0.0262%8h187.96−0.058%$22K$35K20xas long as short
GRVT EWY_USDT_Perp+0.0727%8h187.66−0.217%$735K$409K10xas long as short
edgeX EWYUSDCshort+0.0941%4h187.67−0.213%$421K$287K20x