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 +0.070%
Price spread now: MEXC against Phemex−0.016%50s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1021.024% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.180%+$18 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.016%, 7d avg −0.007%
Together, before fees+0.209%+$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex EWYUSDT186.490get 0.0000% / 8h3m 33s$1.6M$37K10x
ShortMEXC EWY_USDT186.460get 0.0000% / 8h3m 33s$7.9M$4.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.016% → −0.007%
−$0.91
Slippage, 4 orders
−$90.42
Fee Phemex: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$103.33
Costs to cover
1.024%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago1.34 bp61.9 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.27 bp0.3 bp $00.5 bp −$53.2 bp −$316109.9 bp −$54.9K

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−4.4720%1h186.32−0.091%$28K$15K20xas long as short
Bitget EWYUSDT−0.0608%8h186.57+0.043%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0030%1h185.90−0.316%$220K25xas long as short
BloFin EWY-USDT−0.0016%8h186.48−0.005%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h186.49+0.002%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.41−0.043%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.46−0.014%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.51+0.011%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.48−0.005%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.50+0.005%$4.1M$4.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDTshort0.0000%8h186.46−0.016%$7.9M$4.4M100x
Variational Omni EWY0.0000%8h186.48−0.005%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.51+0.011%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.37−0.064%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.064%$22K$35K20xas long as short
Phemex EWYUSDTlong0.0000%8h186.49long leg$1.6M$37K10x
Deribit EWY_USDC-PERPETUAL+0.0018%1h186.40−0.048%$2K$14K20xas long as short
Lighter EWY+0.0032%1h186.31−0.097%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.48−0.005%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.32−0.091%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.31−0.097%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.30−0.102%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.43−0.032%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.28−0.113%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.490.000%$517K$251K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.42−0.036%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.37−0.064%$960K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.50+0.005%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.44−0.027%$2K$1K20xas long as short
edgeX EWYUSDC+0.0442%4h186.45−0.023%$418K$286K20xas long as short