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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against Gate+0.005%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.108%+$11 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.005%, 7d avg +0.007%
Together, before fees+0.121%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT188.580get 0.0000% / 8h2h 05m$4.1M$4.2M50x
ShortBybit EWYUSDT188.590get 0.0000% / 8h2h 05m$5.0M$4.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: +0.005% → +0.007%
−$0.14
Slippage, 4 orders
−$16.66
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$42.8
Costs to cover
0.427%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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 Gate live order book, 2 min ago2.39 bp13.0 bp −$1328.0 bp −$28049.2 bp −$4,91584.9 bp −$42.4K
Sell Bybit live order book, 2 min ago0.53 bp8.3 bp −$811.9 bp −$119doesn'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
Bitget EWYUSDT−0.0136%8h188.49−0.048%$2.7M$2.3M20xas long as short
Hotstuff EWY-PERP−0.0120%1h188.50−0.042%$28K$12K20xas long as short
BloFin EWY-USDT−0.0012%8h188.57−0.005%$47K$217K50xas long as short
Aster EWYUSDT0.0000%8h188.59+0.004%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.48−0.054%$241K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.54−0.023%$27.4M$81.2M50xas long as short
Bybit EWYUSDTshort0.0000%8h188.59+0.005%$5.0M$4.8M100x
OKX EWY-USDT-SWAP0.0000%8h188.47−0.058%$4.1M$4.3M50xas long as short
Gate EWY_USDTlong0.0000%8h188.58long leg$4.1M$4.2M50x
MEXC EWY_USDT0.0000%8h188.48−0.053%$8.9M$4.2M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h188.31−0.142%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h188.35−0.123%$744K$426K10xas long as short
SunX EWY-USDT0.0000%8h188.60+0.011%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.59+0.005%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h188.45−0.069%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.59+0.005%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.51−0.037%$382K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.91−0.355%$523K$276K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.42−0.085%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.62+0.021%$198K$151K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.48−0.053%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h188.34−0.127%$126K$111K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.41−0.090%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.56−0.011%$741$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.47−0.058%$216K$318K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h188.62+0.021%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h188.37−0.111%$970K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.37−0.111%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.60+0.011%$2K$1K20xas long as short
edgeX EWYUSDC+0.0835%4h188.30−0.151%$422K$284K20xas long as short