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−0.0065%/8h= −7.1% APRnext payment $0.65 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against BloFin−0.058%95s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3223.223% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.058%, 7d avg −0.056%
Together, before fees+0.112%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT190.620.0165pay 0.0165% / 8h4h 33m$48K$214K50x
ShortKuCoin EWYUSDTM190.510.0100get 0.0100% / 8h4h 33m$982K$622K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$13.71
Price spread: −0.058% → −0.056%
−$0.14
Slippage, 4 orders
−$298.35
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$336.19
Costs to cover
3.223%
Break-even
never at this rate
Slippage from BloFin: live order book, 64 min ago; KuCoin: live order book, 16 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, 64 min ago0.53 bp6.5 bp −$78.0 bp −$8014.4 bp −$1,439doesn't fit
Sell KuCoin live order book, 16 min ago3.94 bp186.0 bp −$186doesn't fitdoesn'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%8h190.73+0.058%$5.2M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.66+0.021%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.64+0.011%$753K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.50−0.063%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.052%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.67+0.026%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.50−0.063%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.57−0.026%$531K$304K20xas long as short
Bitget EWYUSDT+0.0045%8h190.60−0.010%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.78+0.084%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.67+0.026%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.53−0.047%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.47−0.079%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.42−0.105%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.64+0.010%$750$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.58−0.021%$201K$268K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.66+0.023%$235xas long as short
OKX EWY-USDT-SWAP+0.0056%8h190.65+0.016%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0072%8h190.58−0.019%$295K$12K20xas long as short
KuCoin EWYUSDTMshort+0.0100%8h190.51−0.058%$982K$622K20x
ApeX Omni EWYUSDT+0.0100%1h190.51−0.058%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.61−0.005%$2K$1K20xas long as short
Variational Omni EWY+0.0111%8h190.60−0.010%$1.2M$1.1Mas long as short
Deribit EWY_USDC-PERPETUAL+0.0117%1h190.59−0.016%$2K$13K20xas long as short
Hotstuff EWY-PERP+0.0128%1h190.54−0.042%$29K$12K20xas long as short
Binance EWYUSDT+0.0149%8h190.68+0.030%$28.5M$76.5M50xas long as short
MEXC EWY_USDT+0.0149%8h190.65+0.016%$6.5M$3.9M100xas long as short
Extended EWY_24_5-USD+0.0152%1h190.61−0.005%$301K$669K10xas long as short
BloFin EWY-USDTlong+0.0165%8h190.62long leg$48K$214K50x
edgeX EWYUSDC+0.0856%4h190.59−0.016%$427K$284K20xas long as short