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−0.0003%/8h= −0.3% APRnext payment $0.03 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin+0.017%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.017%, 7d avg −0.009%
Together, before fees−0.002%$0 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: Binance is 0.027% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT190.570.0154pay 0.0154% / 8h4h 36m$48K$214K50x
ShortBinance EWYUSDT190.600.0151get 0.0151% / 8h4h 36m$28.5M$76.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$0.65
Price spread: +0.017% → −0.009%
$2.69
Slippage, 4 orders
−$2.29
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.25
Costs to cover
0.243%
Break-even
never at this rate
Slippage from BloFin: live order book, 61 min ago; Binance: live order book, 6 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 BloFin live order book, 61 min ago0.53 bp6.5 bp −$78.0 bp −$8014.4 bp −$1,439doesn't fit
Sell Binance live order book, 6 min ago0.26 bp5.3 bp −$56.3 bp −$6317.6 bp −$1,764doesn'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%8h190.64+0.037%$5.2M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.64+0.037%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.69+0.063%$754K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.44−0.068%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.079%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.60+0.016%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.40−0.089%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.570.000%$531K$304K20xas long as short
Bitget EWYUSDT+0.0043%8h190.60+0.016%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.74+0.089%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.58+0.005%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.51−0.031%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.44−0.068%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.41−0.084%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.56−0.005%$748$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.60+0.016%$201K$268K10xas long as short
Paradex EWY-USD-PERP+0.0053%8h190.55−0.009%$235xas long as short
OKX EWY-USDT-SWAP+0.0059%8h190.61+0.021%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0077%8h190.54−0.018%$295K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.45−0.063%$982K$623K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.54−0.016%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.52−0.026%$2K$1K20xas long as short
Variational Omni EWY+0.0123%8h190.65+0.042%$1.2M$1.1Mas long as short
Binance EWYUSDTshort+0.0151%8h190.60+0.017%$28.5M$76.5M50x
Extended EWY_24_5-USD+0.0152%1h190.56−0.008%$301K$669K10xas long as short
MEXC EWY_USDT+0.0152%8h190.62+0.026%$6.5M$3.9M100xas long as short
BloFin EWY-USDTlong+0.0154%8h190.57long leg$48K$214K50x
Hotstuff EWY-PERP+0.0280%1h190.46−0.058%$29K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0380%1h190.56−0.005%$2K$13K20xas long as short
edgeX EWYUSDC+0.0428%4h190.52−0.026%$427K$283K20xas long as short