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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.016%
Price spread now: Orderly against Popdex−0.021%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.021% cheaper against Popdex than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT188.430.0048pay 0.0006% / 1h53m 53s$201K$166K20x
ShortOrderly PERP_EWY_USDC_mythos188.390.0100get 0.0100% / 8h4h 53m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Popdex. 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
$10.92
Price spread: −0.021% → 0.000%
−$2.12
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$3.6
Costs to cover
0.124%
Break-even
9.3 days
Slippage unknown: Popdex: live order book, 53 min ago; Orderly: no order-book sample. 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 Popdex live order book, 53 min ago1.06 bp5.0 bp −$511.4 bp −$114doesn't fitdoesn't fit
Sell Orderly no order-book sample
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 exchanges

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−0.0456%1h188.35−0.042%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.30−0.069%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.25−0.096%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.26−0.090%$3.2M$3.2M20xas long as short
SunX EWY-USDT0.0000%8h188.12−0.165%$1.6M20xas long as short
Phemex EWYUSDT0.0000%8h188.37−0.032%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.08−0.186%$381K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.430.000%$224K25xas long as short
Popdex EWYUSDTlong+0.0048%1h188.43long leg$201K$166K20x
Coinbase International EWY-PERP-INTX+0.0048%1h188.08−0.186%$523K$253K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h188.12−0.165%$5.9M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h188.29−0.074%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.35−0.042%$773$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.19−0.127%$225K$315K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h188.52+0.048%$235xas long as short
Gate EWY_USDT+0.0063%8h188.32−0.058%$3.9M$4.9M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0069%1h188.36−0.037%$3K$10K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.15−0.149%$968K$741K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.45+0.011%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h188.39−0.021%$2K$1K20x
Polymarket Perps EWY-USD+0.0257%1h188.56+0.069%$4K$7K20xas long as short
edgeX EWYUSDC+0.0293%4h188.40−0.016%$422K$289K20xas long as short
Aster EWYUSDT+0.0370%8h188.16−0.146%$291K$14K20xas long as short
Variational Omni EWY+0.0441%8h188.32−0.061%$1.1M$943Kas long as short
BloFin EWY-USDT+0.0456%8h188.41−0.011%$49K$246K50xas long as short
MEXC EWY_USDT+0.0468%8h188.23−0.106%$6.8M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0472%1h188.20−0.124%$254K$1.3M10xas long as short
Binance EWYUSDT+0.0472%8h188.24−0.100%$26.1M$86.2M50xas long as short
HTX EWY-USDT+0.0541%8h188.66+0.122%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.1027%8h188.51+0.044%$739K$412K10xas long as short