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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0745%/8h= +81.6% APRpaid last 24h +0.120%
Price spread now: edgeX against Bitget−0.099%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs+$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$410.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.932%+$93 on $10k
Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.099%, 7d avg −0.016%
Together, before fees+1.141%+ Points / potential airdropedgeX: Active · farm board+$114 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.083% cheaper against Bitget than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.016%). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$22 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT189.800.0114pay 0.0114% / 8h6h 16m$2.8M$1.9M20x
ShortedgeX EWYUSDC189.610.0859get 0.0430% / 4h2h 16m$425K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$156.48
Price spread: −0.099% → −0.016%
−$8.26
Slippage, 4 orders
−$19.6
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$107.62
Costs to cover
0.406%
Break-even
2.2 days
Slippage from Bitget: live order book, 6 min ago; edgeX: live order book, 52 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, 6 min ago1.05 bp11.2 bp −$1117.3 bp −$17338.2 bp −$3,815doesn't fit
Sell edgeX live order book, 52 min ago5.25 bp10.4 bp −$1014.3 bp −$143doesn't fitdoesn't fit

EWY on 29 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%8h189.84+0.021%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.800.000%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.59−0.109%$749K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.75−0.026%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.90+0.053%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.85+0.026%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.65−0.079%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.87+0.037%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.79−0.005%$197K$146K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.126%$529K$330K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h189.74−0.032%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.69−0.058%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.70−0.053%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.75−0.026%$705$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.57−0.121%$198K$270K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h189.80+0.002%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0066%1h189.73−0.037%$2K$13K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.70−0.053%$977K$631K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.61−0.100%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.77−0.016%$2K$1K20xas long as short
Bitget EWYUSDTlong+0.0114%8h189.80long leg$2.8M$1.9M20x
Hotstuff EWY-PERP+0.0128%1h189.75−0.026%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0183%8h189.81+0.005%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0332%8h189.80−0.001%$294K$12K20xas long as short
Variational Omni EWY+0.0415%8h189.79−0.005%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0426%8h189.84+0.019%$28.3M$77.5M50xas long as short
Extended EWY_24_5-USD+0.0432%1h189.77−0.018%$302K$665K10xas long as short
MEXC EWY_USDT+0.0432%8h189.800.000%$7.0M$4.2M100xas long as short
edgeX EWYUSDCshort+0.0859%4h189.61−0.099%$425K$283K20x