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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h +0.026%
Price spread now: Coinbase International against Bitget−0.069%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.069%, 7d avg −0.080%
Together, before fees+0.103%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT189.080.0133pay 0.0133% / 8h1h 46m$2.5M$1.4M20x
ShortCoinbase International EWY-PERP-INTX188.950.0120get 0.0015% / 1h46m 51s$525K$330K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$2.73
Price spread: −0.069% → −0.080%
$1.14
Slippage, 4 orders
−$9.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$33.35
Costs to cover
0.318%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Coinbase International: live order book, 36 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, 5 min ago0.53 bp10.4 bp −$1012.7 bp −$12723.9 bp −$2,392doesn't fit
Sell Coinbase International live order book, 36 min ago0.26 bp6.0 bp −$611.2 bp −$112doesn'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
Bybit EWYUSDT0.0000%8h189.12+0.021%$5.2M$4.1M100xas long as short
Gate EWY_USDT0.0000%8h189.02−0.032%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.65−0.227%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.01−0.037%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.91−0.090%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.09+0.005%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.080.000%$194K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.97−0.058%$6.4M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h188.93−0.079%$49K$36K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.89−0.100%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h188.99−0.048%$778$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.97−0.058%$221K$181K10xas long as short
KuCoin EWYUSDTM+0.0100%8h188.95−0.069%$958K$725K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.16+0.042%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.00−0.042%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0117%8h189.26+0.093%$235xas long as short
Coinbase International EWY-PERP-INTXshort+0.0120%1h188.95−0.069%$525K$330K20x
Hotstuff EWY-PERP+0.0128%1h189.02−0.032%$28K$12K20xas long as short
HTX EWY-USDT+0.0132%8h189.10+0.011%$36K$8K20xas long as short
Bitget EWYUSDTlong+0.0133%8h189.08long leg$2.5M$1.4M20x
OKX EWY-USDT-SWAP+0.0192%8h189.03−0.026%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0279%1h189.01−0.037%$2K$13K20xas long as short
Aster EWYUSDT+0.0378%8h188.87−0.113%$293K$12K20xas long as short
Variational Omni EWY+0.0411%8h189.03−0.027%$1.4M$899Kas long as short
MEXC EWY_USDT+0.0471%8h189.00−0.042%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0472%1h188.99−0.047%$304K$410K10xas long as short
Binance EWYUSDT+0.0478%8h189.03−0.029%$28.4M$79.6M50xas long as short
BloFin EWY-USDT+0.0479%8h189.03−0.026%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0571%8h189.06−0.013%$748K$401K10xas long as short
edgeX EWYUSDC+0.0779%4h189.05−0.015%$423K$274K20xas long as short