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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.99 per $10,000 · paid last 24h −0.052%
Price spread now: Bybit against MEXC+0.016%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.190% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 7 days−0.008%−$1 · spread now +0.016%, 7d avg +0.013%
Together, before fees−0.075%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT187.400get 0.0000% / 8h6h 54m$7.5M$4.1M100x
ShortBybit EWYUSDT187.430.0099get 0.0099% / 8h6h 54m$5.0M$4.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
$20.78
Price spread: +0.016% → +0.013%
$0.25
Slippage, 4 orders
−$7.98
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$2.05
Costs to cover
0.190%
Break-even
6.3 days
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 4 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 MEXC live order book, 4 min ago0.27 bp0.3 bp $01.1 bp −$113.8 bp −$383108.7 bp −$54.4K
Sell Bybit live order book, 4 min ago0.27 bp9.1 bp −$913.5 bp −$135doesn'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−0.0312%8h187.45+0.027%$3.1M$2.8M20xas long as short
Hotstuff EWY-PERP−0.0008%1h187.11−0.155%$28K$16K20xas long as short
Aster EWYUSDT0.0000%8h187.14−0.137%$290K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.30−0.051%$241K$901K10xas long as short
Binance EWYUSDT0.0000%8h187.43+0.015%$26.8M$82.7M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.42+0.011%$4.0M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h187.44+0.021%$4.0M$4.5M50xas long as short
MEXC EWY_USDTlong0.0000%8h187.40long leg$7.5M$4.1M100x
Variational Omni EWY0.0000%8h187.63+0.122%$1.2M$909Kas long as short
SunX EWY-USDT0.0000%8h187.01−0.208%$2.1M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EWY-USDT0.0000%8h187.77+0.197%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.39−0.005%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0027%8h187.24−0.085%$48K$223K50xas long as short
Lighter EWY+0.0032%1h187.24−0.085%$380K$41K20xas long as short
Entropy io:EWY+0.0036%1h187.22−0.096%$142K$119K25xas long as short
Vest EWY-USD-PERP+0.0046%1h187.41+0.005%$215K25xas long as short
Popdex EWYUSDT+0.0048%1h187.37−0.016%$197K$151K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.27−0.069%$5.8M$15.1M20xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.25−0.080%$4K$5K20xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.33−0.037%$234K$312K10xas long as short
GRVT EWY_USDT_Perp+0.0058%8h187.74+0.179%$736K$414K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h187.31−0.046%$225xas long as short
Deribit EWY_USDC-PERPETUAL+0.0070%1h187.28−0.064%$3K$15K20xas long as short
SoDEX EWY-USD+0.0097%1h187.34−0.032%$753$3K10xas long as short
Bybit EWYUSDTshort+0.0099%8h187.43+0.016%$5.0M$4.6M100x
KuCoin EWYUSDTM+0.0100%8h187.21−0.101%$964K$649K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.21−0.101%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.29−0.059%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h187.39−0.005%$520K$238K20xas long as short
edgeX EWYUSDC+0.0993%4h187.56+0.087%$421K$285K20xas long as short