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−0.0032%/8h= −3.6% APRnext payment $0.32 per $10,000 · paid last 24h +0.011%
Price spread now: OKX against Bitget+0.010%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.010%, 7d avg −0.001%
Together, before fees+0.051%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT190.690.0053pay 0.0053% / 8h4h 12m$2.7M$2.0M20x
ShortOKX EWY-USDT-SWAP190.710.0021get 0.0021% / 8h4h 12m$4.1M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$6.82
Price spread: +0.010% → −0.001%
$1.2
Slippage, 4 orders
−$10.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$38.4
Costs to cover
0.328%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: 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, 5 min ago0.79 bp9.7 bp −$1014.3 bp −$14336.3 bp −$3,634doesn't fit
Sell OKX live order book, 5 min ago0.26 bp8.9 bp −$912.4 bp −$124doesn'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−0.0232%1h190.54−0.079%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.73+0.021%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.690.000%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.57−0.063%$753K$395K10xas long as short
SunX EWY-USDT0.0000%8h190.58−0.058%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.61−0.042%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.67−0.010%$1.7M$37K10xas long as short
OKX EWY-USDT-SWAPshort+0.0021%8h190.71+0.010%$4.1M$3.3M50x
Aster EWYUSDT+0.0024%8h190.65−0.019%$296K$12K20xas long as short
Lighter EWY+0.0032%1h190.53−0.084%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.58−0.058%$532K$299K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.83+0.073%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.63−0.031%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.60−0.047%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h190.56−0.068%$30K$66K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.48−0.110%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.63−0.031%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.56−0.068%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0053%8h190.67−0.012%$235xas long as short
Bitget EWYUSDTlong+0.0053%8h190.69long leg$2.7M$2.0M20x
Variational Omni EWY+0.0064%8h190.50−0.099%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0096%1h190.63−0.030%$301K$669K10xas long as short
Binance EWYUSDT+0.0098%8h190.68−0.006%$28.1M$76.5M50xas long as short
MEXC EWY_USDT+0.0099%8h190.66−0.016%$6.5M$3.9M100xas long as short
KuCoin EWYUSDTM+0.0100%8h190.61−0.042%$983K$622K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.51−0.094%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.64−0.026%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0117%1h190.63−0.031%$2K$13K20xas long as short
BloFin EWY-USDT+0.0120%8h190.690.000%$48K$214K50xas long as short
edgeX EWYUSDC+0.0353%4h190.51−0.092%$427K$285K20xas long as short