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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Extended against Binance−0.015%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$170.168% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.015%, 7d avg −0.037%
Together, before fees−0.104%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT188.730.0232pay 0.0232% / 8h5h 46m$26.3M$86.5M50x
ShortExtended EWY_24_5-USD188.700.0232get 0.0029% / 1h46m 34s$247K$935K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.09
Price spread: −0.015% → −0.037%
$2.23
Slippage, 4 orders
−$1.82
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$14.5
Costs to cover
0.168%
Break-even
1080.9 days
Slippage from Binance: live order book, 4 min ago; Extended: live order book, 64 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, 4 min ago0.26 bp5.3 bp −$58.1 bp −$8125.0 bp −$2,496doesn't fit
Sell Extended live order book, 64 min ago0.03 bp2.9 bp −$36.9 bp −$69doesn't fitdoesn't fit

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−8.0000%1h188.40−0.173%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.75+0.013%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.72−0.003%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.72−0.003%$3.1M$3.1M20xas long as short
SunX EWY-USDT0.0000%8h188.49−0.125%$1.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.89+0.087%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.59−0.072%$382K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.88+0.081%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.74+0.007%$201K$167K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.57−0.083%$5.9M$15.5M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.76+0.018%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.83+0.055%$777$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.69−0.019%$226K$316K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h188.86+0.070%$235xas long as short
Polymarket Perps EWY-USD+0.0083%1h188.87+0.076%$4K$7K20xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.87+0.076%$524K$253K20xas long as short
Gate EWY_USDT+0.0094%8h188.80+0.039%$4.0M$4.8M50xas long as short
KuCoin EWYUSDTM+0.0100%8h188.63−0.051%$970K$703K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.07+0.182%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.82+0.050%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0121%1h188.81+0.044%$3K$12K20xas long as short
Aster EWYUSDT+0.0141%8h188.62−0.059%$292K$14K20xas long as short
Variational Omni EWY+0.0180%8h188.99+0.138%$1.1M$941Kas long as short
BloFin EWY-USDT+0.0223%8h188.85+0.066%$48K$237K50xas long as short
MEXC EWY_USDT+0.0229%8h188.76+0.018%$7.4M$4.3M100xas long as short
Binance EWYUSDTlong+0.0232%8h188.73long leg$26.3M$86.5M50x
Extended EWY_24_5-USDshort+0.0232%1h188.70−0.015%$247K$935K10x
HTX EWY-USDT+0.0398%8h188.94+0.113%$22K$36K20xas long as short
edgeX EWYUSDC+0.0493%4h189.04+0.164%$424K$290K20xas long as short
GRVT EWY_USDT_Perp+0.0903%8h189.00+0.147%$741K$408K10xas long as short