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 +0.057%
Price spread now: Aster against Phemex−0.073%52s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.934% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.073%, 7d avg −0.010%
Together, before fees+0.226%+ Points / potential airdropAster: Stage 5 · farm board+$23 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: Aster is 0.063% cheaper against Phemex than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.010%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex EWYUSDT187.830get 0.0000% / 8h2h 24m$1.7M$37K10x
ShortAster EWYUSDT187.690get 0.0000% / 8h2h 24m$291K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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: −0.073% → −0.010%
−$6.32
Slippage, 4 orders
−$73.36
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$99.68
Costs to cover
0.934%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; Aster: live order book, 22 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 Phemex live order book, 4 min ago2.67 bp35.4 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 22 min ago1.85 bp6.9 bp −$78.0 bp −$80doesn'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
Hotstuff EWY-PERP−0.0320%1h187.63−0.106%$28K$12K20xas long as short
Bitget EWYUSDT−0.0079%8h187.98+0.080%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0025%8h187.78−0.027%$48K$215K50xas long as short
Aster EWYUSDTshort0.0000%8h187.69−0.073%$291K$12K20x
Extended EWY_24_5-USD0.0000%1h187.86+0.018%$230K$491K10xas long as short
Binance EWYUSDT0.0000%8h187.82−0.007%$27.2M$79.9M50xas long as short
Bybit EWYUSDT0.0000%8h187.830.000%$4.9M$4.6M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.90+0.037%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.87+0.021%$4.1M$4.1M50xas long as short
MEXC EWY_USDT0.0000%8h187.82−0.005%$6.8M$4.0M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.64−0.099%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.89+0.033%$743K$415K10xas long as short
SunX EWY-USDT0.0000%8h187.60−0.122%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.60−0.122%$22K$35K20xas long as short
Phemex EWYUSDTlong0.0000%8h187.83long leg$1.7M$37K10x
Lighter EWY+0.0032%1h187.57−0.138%$380K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.35−0.256%$521K$276K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.55−0.149%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.84+0.005%$197K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.71−0.064%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h187.58−0.133%$87K$93K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.68−0.080%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.79−0.021%$732$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.79−0.021%$214K$316K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h187.71−0.063%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.54−0.154%$966K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.57−0.138%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.70−0.069%$2K$1K20xas long as short
edgeX EWYUSDC+0.0448%4h187.35−0.254%$420K$284K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0549%1h187.99+0.085%$2K$14K20xas long as short