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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0141%/8h= +15.5% APRnext payment +$1.41 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against KuCoin+0.063%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2742.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.063%, 7d avg +0.056%
Together, before fees−0.147%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM190.180.0100pay 0.0100% / 8h5h 23m$981K$628K20x
ShortBloFin EWY-USDT190.300.0241get 0.0241% / 8h5h 23m$48K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$29.66
Price spread: +0.063% → +0.056%
$0.67
Slippage, 4 orders
−$250.19
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$243.86
Costs to cover
2.742%
Break-even
64.6 days
Slippage from KuCoin: live order book, 31 min ago; BloFin: live order book, 15 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 KuCoin live order book, 31 min ago3.68 bp115.4 bp −$115doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 15 min ago0.53 bp6.5 bp −$77.5 bp −$7514.6 bp −$1,462doesn'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
Bybit EWYUSDT0.0000%8h190.30+0.063%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.26+0.042%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.11−0.037%$751K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.13−0.026%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.17−0.005%$530K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.15−0.016%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.29+0.058%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.96−0.116%$385K$39K20xas long as short
Hotstuff EWY-PERP+0.0032%1h190.14−0.021%$29K$12K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.33+0.079%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.23+0.026%$198K$145K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.19+0.005%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.11−0.037%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.06−0.063%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.21+0.016%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.06−0.063%$198K$265K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.25+0.038%$235xas long as short
Bitget EWYUSDT+0.0059%8h190.29+0.058%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTMlong+0.0100%8h190.18long leg$981K$628K20x
ApeX Omni EWYUSDT+0.0100%1h190.08−0.053%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.19+0.005%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0105%8h190.31+0.068%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0190%8h190.22+0.022%$295K$12K20xas long as short
Variational Omni EWY+0.0237%8h190.09−0.049%$1.2M$1.1Mas long as short
BloFin EWY-USDTshort+0.0241%8h190.30+0.063%$48K$214K50x
Binance EWYUSDT+0.0262%8h190.25+0.039%$28.4M$77.0M50xas long as short
Extended EWY_24_5-USD+0.0264%1h190.21+0.017%$302K$665K10xas long as short
MEXC EWY_USDT+0.0266%8h190.25+0.037%$6.5M$4.2M100xas long as short
Deribit EWY_USDC-PERPETUAL+0.0540%1h190.14−0.021%$2K$13K20xas long as short
edgeX EWYUSDC+0.0946%4h190.08−0.050%$426K$283K20xas long as short