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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0810%/8h= +88.7% APRpaid last 24h +0.158%
Price spread now: edgeX against OKX−0.072%51s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs+$59as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.941%+$94 on $10k
Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.072%, 7d avg −0.003%
Together, before fees+1.102%+ Points / potential airdropedgeX: Active · farm board+$110 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.069% cheaper against OKX than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.003%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$24 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP190.380.0140pay 0.0140% / 8h5h 50m$4.1M$3.5M50x
ShortedgeX EWYUSDC190.240.0950get 0.0475% / 4h1h 50m$426K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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
$170.05
Price spread: −0.072% → −0.003%
−$6.89
Slippage, 4 orders
−$16.46
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$127.7
Costs to cover
0.355%
Break-even
1.7 days
Slippage from OKX: live order book, 2 min ago; edgeX: live order book, 13 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 OKX live order book, 2 min ago0.26 bp8.4 bp −$812.3 bp −$123doesn't fitdoesn't fit
Sell edgeX live order book, 13 min ago5.26 bp10.1 bp −$1014.1 bp −$141doesn'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%8h190.47+0.047%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.41+0.016%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.28−0.050%$752K$389K10xas long as short
SunX EWY-USDT0.0000%8h190.380.000%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.431%$529K$320K20xas long as short
HTX EWY-USDT0.0000%8h190.26−0.063%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.43+0.026%$1.7M$38K10xas long as short
Hotstuff EWY-PERP+0.0016%1h190.25−0.068%$29K$12K20xas long as short
Lighter EWY+0.0032%1h190.25−0.068%$386K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.53+0.079%$220K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.41+0.016%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.36−0.011%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.25−0.068%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.24−0.074%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.39+0.005%$741$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.31−0.037%$198K$275K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h190.44+0.033%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0065%1h190.35−0.016%$2K$13K20xas long as short
Bitget EWYUSDT+0.0090%8h190.33−0.026%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.31−0.037%$980K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.29−0.047%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.41+0.016%$2K$1K20xas long as short
OKX EWY-USDT-SWAPlong+0.0140%8h190.38long leg$4.1M$3.5M50x
Aster EWYUSDT+0.0269%8h190.42+0.021%$295K$12K20xas long as short
Variational Omni EWY+0.0325%8h190.41+0.015%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0350%8h190.43+0.026%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0351%8h190.42+0.021%$6.4M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0352%1h190.38+0.001%$302K$665K10xas long as short
edgeX EWYUSDCshort+0.0950%4h190.24−0.072%$426K$283K20x