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+0.0161%/8h= +17.6% APRpaid last 24h +0.125%
Price spread now: edgeX against MEXC−0.202%68s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs+$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.909%+$91 on $10k
Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.202%, 7d avg −0.011%
Together, before fees+1.120%+ Points / potential airdropedgeX: Active · farm board+$112 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.190% cheaper against MEXC than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of −0.011%). If the spread goes back, that is −$19 on $10k: about 4.0 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.909% in total) that is about 35 hours. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT188.330get 0.0000% / 8h2h 10m$8.9M$4.2M100x
ShortedgeX EWYUSDC187.950.0161get 0.0080% / 4h2h 10m$421K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$33.71
Price spread: −0.202% → −0.011%
−$19.03
Slippage, 4 orders
−$11.91
Fee MEXC: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$6.23
Costs to cover
0.209%
Break-even
8.3 days
Slippage from MEXC: live order book, 3 min ago; edgeX: live order book, 38 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, 3 min ago0.27 bp0.3 bp $00.6 bp −$63.4 bp −$34397.4 bp −$48.7K
Sell edgeX live order book, 38 min ago5.29 bp10.2 bp −$1013.8 bp −$138doesn'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−0.0162%8h188.35+0.011%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0021%8h188.36+0.016%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h188.39+0.032%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.31−0.008%$240K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.37+0.021%$27.4M$81.1M50xas long as short
Bybit EWYUSDT0.0000%8h188.42+0.048%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.30−0.016%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.38+0.027%$4.1M$4.2M50xas long as short
MEXC EWY_USDTlong0.0000%8h188.33long leg$8.9M$4.2M100x
Variational Omni EWY0.0000%8h188.31−0.010%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.62−0.378%$741K$426K10xas long as short
SunX EWY-USDT0.0000%8h188.34+0.005%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.11−0.117%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.35+0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.26−0.037%$382K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.91−0.223%$523K$278K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.11−0.117%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.35+0.011%$198K$150K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.25−0.042%$6.3M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h188.05−0.149%$125K$111K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.19−0.074%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.330.000%$733$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.17−0.085%$216K$318K10xas long as short
Paradex EWY-USD-PERP+0.0058%8h188.35+0.010%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0069%1h188.35+0.011%$2K$14K20xas long as short
Hotstuff EWY-PERP+0.0072%1h188.25−0.042%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.12−0.112%$970K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.89−0.234%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.34+0.005%$2K$1K20xas long as short
edgeX EWYUSDCshort+0.0161%4h187.95−0.202%$421K$283K20x