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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0099%/8h= −10.8% APRnext payment $0.99 per $10,000 · paid last 24h +0.039%
Price spread now: Bybit against Bitget+0.048%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 7 days−0.041%−$4 · spread now +0.048%, 7d avg +0.003%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.045% dearer against Bitget than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.003%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT189.250.0182pay 0.0182% / 8h1h 08m$2.5M$1.5M20x
ShortBybit EWYUSDT189.340.0083get 0.0083% / 8h1h 08m$5.2M$4.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
−$20.71
Price spread: +0.048% → +0.003%
$4.48
Slippage, 4 orders
−$10.94
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$50.17
Costs to cover
0.339%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 5 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 Bitget live order book, 4 min ago1.06 bp10.1 bp −$1014.7 bp −$14724.6 bp −$2,46266.7 bp −$33.4K
Sell Bybit live order book, 5 min ago0.26 bp8.8 bp −$913.2 bp −$132doesn'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-PERP0.0000%1h189.250.000%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h189.23−0.011%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.12−0.069%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.19−0.032%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.08−0.090%$376K$98K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.29+0.021%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.28+0.016%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.15−0.053%$55K$48K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.10−0.079%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.22−0.016%$787$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps EWY-USD.P+0.0050%1h189.18−0.037%$221K$182K10xas long as short
tradeXYZ xyz:EWY+0.0072%1h189.14−0.058%$6.4M$14.8M20xas long as short
Bybit EWYUSDTshort+0.0083%8h189.34+0.048%$5.2M$4.1M100x
KuCoin EWYUSDTM+0.0100%8h189.19−0.032%$963K$723K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.24−0.005%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.22−0.016%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.24−0.005%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0139%8h189.30+0.025%$235xas long as short
Bitget EWYUSDTlong+0.0182%8h189.25long leg$2.5M$1.5M20x
HTX EWY-USDT+0.0208%8h189.34+0.048%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0244%8h189.27+0.011%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0332%1h189.22−0.016%$2K$13K20xas long as short
Aster EWYUSDT+0.0500%8h189.20−0.026%$293K$12K20xas long as short
Variational Omni EWY+0.0578%8h189.24−0.006%$1.5M$983Kas long as short
BloFin EWY-USDT+0.0588%8h189.28+0.016%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0608%1h189.18−0.036%$304K$392K10xas long as short
MEXC EWY_USDT+0.0609%8h189.20−0.026%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0610%8h189.17−0.042%$28.5M$79.6M50xas long as short
GRVT EWY_USDT_Perp+0.0677%8h189.27+0.012%$749K$402K10xas long as short
edgeX EWYUSDC+0.0772%4h189.23−0.011%$424K$274K20xas long as short