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−0.0028%/8h= −3.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against MEXC+0.091%7-day average −0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.091%, 7d avg −0.005%
Together, before fees−0.089%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.096% dearer against MEXC than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.005%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 4 days (−0.006% in total) that is about 53 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT189.640.0028pay 0.0028% / 8h3h 41m$6.2M$3.8M100x
ShortVariational Omni EWY189.810get 0.0000% / 8h3h 41m$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$5.88
Price spread: +0.091% → −0.005%
$9.58
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$3.7
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: MEXC: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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, 1 min ago0.26 bp0.3 bp $00.5 bp −$52.9 bp −$294102.7 bp −$51.4K
Sell Variational Omni RFQ quote, 2 min ago2.24 bpdoesn't fit4.2 bp −$42doesn'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
Aster EWYUSDT0.0000%8h189.69+0.024%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.68+0.021%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.67+0.016%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h189.68+0.021%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.70+0.032%$2.7M$2.2M20xas long as short
Variational Omni EWYshort0.0000%8h189.81+0.091%$1.2M$1.1M
GRVT EWY_USDT_Perp0.0000%8h189.68+0.023%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.73+0.047%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.232%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.84+0.105%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EWY-USDT+0.0015%8h189.82+0.095%$47K$213K50xas long as short
Binance EWYUSDT+0.0028%8h189.65+0.004%$27.7M$76.6M50xas long as short
MEXC EWY_USDTlong+0.0028%8h189.64long leg$6.2M$3.8M100x
Lighter EWY+0.0032%1h189.54−0.053%$384K$39K20xas long as short
Extended EWY_24_5-USD+0.0032%1h189.59−0.027%$301K$670K10xas long as short
Vest EWY-USD-PERP+0.0046%1h189.82+0.095%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.640.000%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.100%$530K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.56−0.042%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.640.000%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.66+0.011%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.78+0.074%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.70+0.032%$209K$278K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.69+0.025%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.62−0.011%$977K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.70+0.032%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.74+0.053%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0330%1h189.77+0.069%$2K$13K20xas long as short
edgeX EWYUSDC+0.0380%4h189.74+0.055%$426K$283K20xas long as short
Hotstuff EWY-PERP+0.0392%1h189.61−0.016%$28K$12K20xas long as short