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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Gate against OKX+0.021%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$370.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.021%, 7d avg −0.002%
Together, before fees−0.129%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.024% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP186.530get 0.0000% / 8h9m 48s$4.1M$4.7M50x
ShortGate EWY_USDT186.570get 0.0000% / 8h9m 48s$4.1M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.021% → −0.002%
$2.36
Slippage, 4 orders
−$12.02
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$34.66
Costs to cover
0.370%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago0.27 bp7.4 bp −$710.6 bp −$106doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.95 bp12.4 bp −$1225.8 bp −$25846.9 bp −$4,69382.2 bp −$41.1K

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
Hotstuff EWY-PERP−2.1016%1h186.38−0.080%$28K$12K20xas long as short
Bitget EWYUSDT−0.0577%8h186.59+0.032%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0022%1h186.02−0.273%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.53−0.002%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.45−0.040%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.50−0.016%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.55+0.011%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAPlong0.0000%8h186.53long leg$4.1M$4.7M50x
Gate EWY_USDTshort0.0000%8h186.57+0.021%$4.1M$4.5M50x
MEXC EWY_USDT0.0000%8h186.49−0.021%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.45−0.042%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.63+0.052%$732K$422K10xas long as short
SunX EWY-USDT0.0000%8h186.43−0.054%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.043%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.530.000%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0024%8h186.50−0.016%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.25−0.150%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.54+0.005%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.36−0.091%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.35−0.096%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.37−0.086%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.48−0.027%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.41−0.064%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49−0.021%$517K$255K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.41−0.064%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.36−0.091%$959K$601K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.56+0.016%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.45−0.043%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0555%1h186.44−0.048%$2K$14K20xas long as short
edgeX EWYUSDC+0.0931%4h186.56+0.016%$418K$290K20xas long as short