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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0278%/8h= +30.5% APRpaid last 24h +0.042%
Price spread now: Aster against tradeXYZ+0.030%7-day average +0.074% · 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 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.030%, 7d avg +0.074%
Together, before fees−0.017%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.044% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.074%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EWY189.790.0050pay 0.0006% / 1h14m 17s$6.2M$14.0M20x
ShortAster EWYUSDT189.850.0328get 0.0328% / 8h6h 14m$294K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
$58.42
Price spread: +0.030% → +0.074%
−$4.4
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
$28.02
Costs to cover
0.260%
Break-even
3.6 days
Slippage unknown: tradeXYZ: live order book, 5 min ago; Aster: live order book, 53 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 tradeXYZ live order book, 5 min ago0.53 bp10.7 bp −$1113.8 bp −$138doesn't fitdoesn't fit
Sell Aster live order book, 53 min ago1.57 bp7.6 bp −$810.0 bp −$100doesn't fitdoesn't fit

EWY on 29 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
Bybit EWYUSDT0.0000%8h189.86+0.037%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.86+0.037%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.59−0.104%$749K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.73−0.032%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.78−0.005%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.90+0.058%$1.7M$38K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0013%1h189.80+0.005%$2K$13K20xas long as short
Lighter EWY+0.0032%1h189.72−0.037%$385K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.96+0.090%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.84+0.026%$197K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.121%$529K$330K20xas long as short
tradeXYZ xyz:EWYlong+0.0050%1h189.79long leg$6.2M$14.0M20x
Entropy io:EWY+0.0050%1h189.71−0.042%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.70−0.047%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.84+0.026%$716$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.71−0.042%$198K$272K10xas long as short
Hotstuff EWY-PERP+0.0056%1h189.76−0.016%$28K$12K20xas long as short
Paradex EWY-USD-PERP+0.0056%8h189.82+0.017%$235xas long as short
Bitget EWYUSDT+0.0098%8h189.87+0.042%$2.8M$1.9M20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.67−0.063%$976K$630K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.61−0.095%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.84+0.026%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0178%8h189.93+0.074%$4.1M$3.5M50xas long as short
Aster EWYUSDTshort+0.0328%8h189.85+0.030%$294K$12K20x
Variational Omni EWY+0.0399%8h189.76−0.016%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0421%8h189.87+0.042%$28.3M$77.5M50xas long as short
MEXC EWY_USDT+0.0422%8h189.84+0.026%$7.0M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0424%1h189.81+0.012%$302K$665K10xas long as short
edgeX EWYUSDC+0.0859%4h189.61−0.093%$425K$283K20xas long as short