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+0.0448%/8h= +49.1% APRpaid last 24h +0.125%
Price spread now: edgeX against Binance−0.247%70s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs+$59as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.909%+$91 on $10k
Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.247%, 7d avg −0.013%
Together, before fees+1.116%+ Points / potential airdropedgeX: Active · farm board+$112 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.234% cheaper against Binance than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of −0.013%). If the spread goes back, that is −$23 on $10k: about 42 hours of funding at the current rate (+$13 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT187.820get 0.0000% / 8h2h 24m$27.2M$79.9M50x
ShortedgeX EWYUSDC187.350.0448get 0.0224% / 4h2h 24m$420K$284K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$94.18
Price spread: −0.247% → −0.013%
−$23.4
Slippage, 4 orders
−$12.64
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$39.13
Costs to cover
0.316%
Break-even
4.1 days
Slippage from Binance: live order book, 3 min ago; edgeX: live order book, 24 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, 3 min ago0.27 bp6.0 bp −$67.9 bp −$7928.4 bp −$2,841doesn't fit
Sell edgeX live order book, 24 min ago5.29 bp10.2 bp −$1013.8 bp −$138doesn'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−0.0320%1h187.63−0.099%$28K$12K20xas long as short
Bitget EWYUSDT−0.0079%8h187.98+0.087%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0025%8h187.78−0.019%$48K$215K50xas long as short
Aster EWYUSDT0.0000%8h187.69−0.065%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.86+0.026%$230K$491K10xas long as short
Binance EWYUSDTlong0.0000%8h187.82long leg$27.2M$79.9M50x
Bybit EWYUSDT0.0000%8h187.83+0.007%$4.9M$4.6M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.90+0.045%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.87+0.029%$4.1M$4.1M50xas long as short
MEXC EWY_USDT0.0000%8h187.82+0.002%$6.8M$4.0M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.64−0.092%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.89+0.041%$743K$415K10xas long as short
SunX EWY-USDT0.0000%8h187.60−0.115%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.60−0.115%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.83+0.007%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.57−0.131%$380K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.35−0.248%$521K$276K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.55−0.142%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.84+0.013%$197K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.71−0.056%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h187.58−0.126%$87K$93K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.68−0.072%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.79−0.014%$732$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.79−0.014%$214K$316K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h187.71−0.055%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.54−0.147%$966K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.57−0.131%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.70−0.062%$2K$1K20xas long as short
edgeX EWYUSDCshort+0.0448%4h187.35−0.247%$420K$284K20x
Deribit EWY_USDC-PERPETUAL+0.0549%1h187.99+0.093%$2K$14K20xas long as short