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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.043%
Price spread now: Popdex against Aster+0.015%52s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.241% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.015%, 7d avg +0.006%
Together, before fees−0.010%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. 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
LongAster EWYUSDT186.460get 0.0000% / 8h10m 40s$289K$13K20x
ShortPopdex EWYUSDT186.490.0048get 0.0006% / 1h10m 40s$198K$154K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against Aster. 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
$10.08
Price spread: +0.015% → +0.006%
$0.86
Slippage, 4 orders
−$9.68
Fee Aster: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$13.14
Costs to cover
0.241%
Break-even
16.1 days
Slippage from Aster: live order book, 26 min ago; Popdex: live order book, 28 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 Aster live order book, 26 min ago0.27 bp4.5 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Popdex live order book, 28 min ago0.53 bp4.3 bp −$47.7 bp −$77doesn'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−1.4280%1h186.41−0.028%$28K$12K20xas long as short
Bitget EWYUSDT−0.0577%8h186.58+0.063%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0021%1h186.05−0.221%$220K25xas long as short
Aster EWYUSDTlong0.0000%8h186.46long leg$289K$13K20x
Extended EWY_24_5-USD0.0000%1h186.34−0.068%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.42−0.023%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.50+0.020%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.47+0.004%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.54+0.042%$4.1M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.49+0.015%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.45−0.006%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.63+0.088%$732K$422K10xas long as short
SunX EWY-USDT0.0000%8h186.43−0.017%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h186.48+0.009%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.079%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.50+0.020%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0024%8h186.50+0.020%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.25−0.114%$378K$40K20xas long as short
Popdex EWYUSDTshort+0.0048%1h186.49+0.015%$198K$154K20x
tradeXYZ xyz:EWY+0.0050%1h186.35−0.060%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.35−0.060%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.35−0.060%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.47+0.004%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.41−0.028%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.015%$517K$255K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.41−0.027%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.35−0.060%$959K$601K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.56+0.052%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.48+0.009%$2K$1K20xas long as short
edgeX EWYUSDC+0.0931%4h186.56+0.052%$418K$290K20xas long as short