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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: Bybit against Deribit+0.070%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.070% dearer against Deribit than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL187.040get 0.0000% / 1h56m 02s$2K$14K20x
ShortBybit EWYUSDT187.170get 0.0000% / 8h56m 02s$4.9M$4.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Deribit. 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
$0
Price spread: +0.070% → 0.000%
$6.95
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$11.05
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 2 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 Deribit no order-book sample
Sell Bybit live order book, 2 min ago0.53 bp9.8 bp −$1012.3 bp −$123doesn't fitdoesn't fit
Deribit: 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
Bitget EWYUSDT−0.0372%8h187.21+0.091%$2.8M$2.4M20xas long as short
BloFin EWY-USDT−0.0019%8h187.21+0.091%$48K$217K50xas long as short
tradeXYZ xyz:EWY0.0000%1h187.05+0.005%$6.2M$14.3M20xas long as short
Aster EWYUSDT0.0000%8h187.18+0.077%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.11+0.039%$238K$617K10xas long as short
Binance EWYUSDT0.0000%8h187.16+0.064%$27.1M$82.1M50xas long as short
Bybit EWYUSDTshort0.0000%8h187.17+0.070%$4.9M$4.9M100x
OKX EWY-USDT-SWAP0.0000%8h187.06+0.011%$4.1M$4.4M50xas long as short
Gate EWY_USDT0.0000%8h187.14+0.053%$4.0M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h187.16+0.064%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.22+0.097%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.25+0.113%$740K$418K10xas long as short
SunX EWY-USDT0.0000%8h187.26+0.118%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUALlong0.0000%1h187.04long leg$2K$14K20x
HTX EWY-USDT0.0000%8h187.29+0.134%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.16+0.064%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0019%1h186.69−0.187%$220K25xas long as short
Lighter EWY+0.0032%1h186.98−0.032%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.23+0.102%$196K$152K20xas long as short
Entropy io:EWY+0.0050%1h187.18+0.075%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.00−0.021%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.09+0.027%$748$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.18+0.075%$219K$328K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h187.21+0.089%$225xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h187.13+0.048%$520K$255K20xas long as short
KuCoin EWYUSDTM+0.0100%8h186.97−0.037%$962K$598K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.25+0.112%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.05+0.005%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0128%1h187.08+0.021%$28K$12K20xas long as short
edgeX EWYUSDC+0.0962%4h187.22+0.097%$420K$284K20xas long as short