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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0675%/8h= +73.9% APRpaid last 24h +0.066%
Price spread now: edgeX against Orderly+0.124%71s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and edgeX is 0.124% dearer against Orderly than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EWY_USDC_mythos189.570.0100pay 0.0100% / 8h12m 19s$2K$1K20x
ShortedgeX EWYUSDC189.810.0775get 0.0387% / 4h12m 19s$425K$276K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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
$141.7
Price spread: +0.124% → 0.000%
$12.4
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$139.1
Costs to cover
0.150%
Break-even
0.1 days
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 1 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 Orderly no order-book sample
Sell edgeX live order book, 1 min ago5.54 bp10.5 bp −$1014.2 bp −$142doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate EWY_USDT0.0000%8h189.61+0.021%$3.8M$3.2M50xas long as short
SunX EWY-USDT0.0000%8h189.37−0.106%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.570.000%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.41−0.084%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.60+0.016%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.59+0.011%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.55−0.011%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.40−0.090%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.50−0.037%$770$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.40−0.090%$243K$201K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.56−0.005%$967K$688K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.79+0.116%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h189.57long leg$2K$1K20x
Paradex EWY-USD-PERP+0.0135%8h189.68+0.058%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.41−0.084%$527K$339K20xas long as short
tradeXYZ xyz:EWY+0.0146%1h189.51−0.032%$6.6M$14.8M20xas long as short
Bybit EWYUSDT+0.0174%8h189.65+0.042%$5.3M$4.1M100xas long as short
HTX EWY-USDT+0.0225%8h189.63+0.032%$36K$8K20xas long as short
Bitget EWYUSDT+0.0225%8h189.63+0.032%$2.6M$1.5M20xas long as short
OKX EWY-USDT-SWAP+0.0329%8h189.66+0.047%$4.0M$4.0M50xas long as short
Hotstuff EWY-PERP+0.0344%1h189.44−0.069%$28K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0542%1h189.570.000%$2K$13K20xas long as short
Aster EWYUSDT+0.0567%8h189.49−0.043%$294K$12K20xas long as short
Variational Omni EWY+0.0661%8h189.82+0.131%$1.5M$972Kas long as short
GRVT EWY_USDT_Perp+0.0661%8h189.90+0.176%$751K$395K10xas long as short
BloFin EWY-USDT+0.0668%8h189.49−0.042%$47K$213K50xas long as short
MEXC EWY_USDT+0.0695%8h189.55−0.011%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0696%1h189.53−0.019%$298K$396K10xas long as short
Binance EWYUSDT+0.0697%8h189.55−0.011%$28.5M$78.7M50xas long as short
edgeX EWYUSDCshort+0.0775%4h189.81+0.124%$425K$276K20x