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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0842%/8h= −92.2% APRpaid last 24h −0.169%
Price spread now: Bitget against edgeX−0.040%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.006%−$101 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.040%, 7d avg +0.015%
Together, before fees−1.029%+ Points / potential airdropedgeX: Active · farm board−$103 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Bitget is 0.055% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EWYUSDC190.220.0913pay 0.0456% / 4h1h 27m$426K$284K20x
ShortBitget EWYUSDT190.140.0071get 0.0071% / 8h5h 27m$2.7M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
−$176.73
Price spread: −0.040% → +0.015%
−$5.51
Slippage, 4 orders
−$17.75
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$220.99
Costs to cover
0.388%
Break-even
never at this rate
Slippage from edgeX: live order book, 36 min ago; Bitget: live order book, 5 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 edgeX live order book, 36 min ago5.26 bp10.0 bp −$1015.0 bp −$150doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.05 bp9.0 bp −$913.3 bp −$13334.4 bp −$3,43780.9 bp −$40.4K

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 EWYUSDT0.0000%8h190.15−0.035%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.11−0.056%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.32+0.054%$752K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.19−0.013%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.98−0.124%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.11−0.056%$530K$313K20xas long as short
HTX EWY-USDT0.0000%8h190.35+0.071%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.12−0.050%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.96−0.134%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.30+0.044%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.07−0.077%$197K$145K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.08−0.071%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.14−0.040%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.90−0.166%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.10−0.061%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.14−0.040%$199K$265K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.06−0.084%$235xas long as short
Bitget EWYUSDTshort+0.0071%8h190.14−0.040%$2.7M$2.0M20x
KuCoin EWYUSDTM+0.0100%8h190.10−0.061%$980K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.25+0.018%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.10−0.061%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0110%8h190.14−0.040%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0201%8h190.15−0.036%$295K$12K20xas long as short
BloFin EWY-USDT+0.0254%8h190.07−0.077%$48K$214K50xas long as short
Variational Omni EWY+0.0257%8h190.27+0.026%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0279%8h190.13−0.045%$28.4M$77.0M50xas long as short
Extended EWY_24_5-USD+0.0280%1h190.06−0.083%$302K$665K10xas long as short
MEXC EWY_USDT+0.0280%8h190.12−0.050%$6.5M$4.2M100xas long as short
Hotstuff EWY-PERP+0.0352%1h190.15−0.035%$29K$12K20xas long as short
edgeX EWYUSDClong+0.0913%4h190.22long leg$426K$284K20x