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−0.0017%/8h= −1.8% APRnext payment $0.17 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Binance−0.001%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.001%, 7d avg +0.010%
Together, before fees+0.055%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT189.820.0032pay 0.0032% / 8h3h 43m$27.7M$76.5M50x
ShortBloFin EWY-USDT189.820.0015get 0.0015% / 8h3h 43m$47K$213K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
−$3.53
Price spread: −0.001% → +0.010%
−$1.11
Slippage, 4 orders
−$1.19
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.83
Costs to cover
0.232%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 48 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 Binance live order book, 14 min ago0.26 bp5.3 bp −$56.6 bp −$6619.1 bp −$1,905doesn't fit
Sell BloFin live order book, 48 min ago0.26 bp6.3 bp −$68.4 bp −$8413.2 bp −$1,315doesn'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
Aster EWYUSDT0.0000%8h189.82−0.003%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.84+0.009%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.70−0.065%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h189.79−0.017%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.88+0.030%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.81−0.006%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68−0.073%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.69−0.070%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.136%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.82−0.001%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EWY-USDTshort+0.0015%8h189.82−0.001%$47K$213K50x
Binance EWYUSDTlong+0.0032%8h189.82long leg$27.7M$76.5M50x
Lighter EWY+0.0032%1h189.64−0.096%$384K$39K20xas long as short
Extended EWY_24_5-USD+0.0032%1h189.75−0.037%$301K$670K10xas long as short
MEXC EWY_USDT+0.0035%8h189.82−0.001%$6.2M$3.8M100xas long as short
Vest EWY-USD-PERP+0.0046%1h189.77−0.028%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.80−0.012%$198K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.004%$530K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.67−0.080%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.71−0.059%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.60−0.117%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.73−0.049%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.71−0.059%$198K$267K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.75−0.036%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.74−0.044%$977K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.70−0.065%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.77−0.028%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0119%1h189.73−0.049%$2K$13K20xas long as short
edgeX EWYUSDC+0.0169%4h189.93+0.059%$426K$285K20xas long as short
Hotstuff EWY-PERP+0.0240%1h189.63−0.102%$28K$12K20xas long as short