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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: tradeXYZ against Gate−0.037%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$470.469% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 7 days−0.019%−$2 · spread now −0.037%, 7d avg −0.085%
Together, before fees+0.113%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.048% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT189.860get 0.0000% / 8h6h 14m$4.0M$3.6M50x
ShorttradeXYZ xyz:EWY189.790.0050get 0.0006% / 1h14m 19s$6.2M$14.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.037% → −0.085%
$4.82
Slippage, 4 orders
−$13.93
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$31.61
Costs to cover
0.469%
Break-even
28.1 days
Slippage from Gate: live order book, 4 min ago; tradeXYZ: 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 Gate live order book, 4 min ago2.37 bp12.6 bp −$1322.1 bp −$22146.3 bp −$4,63582.7 bp −$41.3K
Sell tradeXYZ live order book, 5 min ago0.53 bp10.6 bp −$1111.8 bp −$118doesn't fitdoesn't fit

EWY on 29 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%8h189.860.000%$5.1M$4.4M100xas long as short
Gate EWY_USDTlong0.0000%8h189.86long leg$4.0M$3.6M50x
GRVT EWY_USDT_Perp0.0000%8h189.59−0.140%$749K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.73−0.068%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.78−0.042%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.90+0.021%$1.7M$38K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0013%1h189.80−0.032%$2K$13K20xas long as short
Lighter EWY+0.0032%1h189.72−0.074%$385K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.96+0.053%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.84−0.011%$197K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.158%$529K$330K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h189.79−0.037%$6.2M$14.0M20x
Entropy io:EWY+0.0050%1h189.71−0.079%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.70−0.084%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.84−0.011%$716$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.71−0.079%$198K$272K10xas long as short
Hotstuff EWY-PERP+0.0056%1h189.76−0.053%$28K$12K20xas long as short
Paradex EWY-USD-PERP+0.0056%8h189.82−0.019%$235xas long as short
Bitget EWYUSDT+0.0098%8h189.87+0.005%$2.8M$1.9M20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.67−0.100%$976K$630K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.61−0.132%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.84−0.011%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0178%8h189.93+0.037%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0328%8h189.85−0.007%$294K$12K20xas long as short
Variational Omni EWY+0.0399%8h189.76−0.053%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0421%8h189.87+0.005%$28.3M$77.5M50xas long as short
MEXC EWY_USDT+0.0422%8h189.84−0.011%$7.0M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0424%1h189.81−0.025%$302K$665K10xas long as short
edgeX EWYUSDC+0.0859%4h189.61−0.130%$425K$283K20xas long as short