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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin−0.011%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.011%, 7d avg −0.005%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT185.66−0.0017get 0.0017% / 8h7h 35m$48K$219K50x
ShortMEXC EWY_USDT185.640get 0.0000% / 8h7h 35m$7.6M$4.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$3.53
Price spread: −0.011% → −0.005%
−$0.54
Slippage, 4 orders
−$2.35
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$11.35
Costs to cover
0.143%
Break-even
29.5 days
Slippage from BloFin: live order book, 31 min ago; MEXC: live order book, 3 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, 31 min ago0.54 bp7.3 bp −$78.2 bp −$8215.6 bp −$1,562doesn't fit
Sell MEXC live order book, 3 min ago0.27 bp0.3 bp $00.6 bp −$63.0 bp −$304104.1 bp −$52.1K

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
Bitget EWYUSDT−0.0522%8h185.70+0.022%$3.1M$2.6M20xas long as short
Hotstuff EWY-PERP−0.0240%1h185.57−0.048%$27K$16K20xas long as short
Vest EWY-USD-PERP−0.0018%1h185.31−0.189%$235K25xas long as short
BloFin EWY-USDTlong−0.0017%8h185.66long leg$48K$219K50x
Aster EWYUSDT0.0000%8h185.72+0.032%$288K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.60−0.031%$239K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.65−0.007%$26.9M$82.1M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.64−0.011%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.71+0.027%$4.1M$4.4M50xas long as short
MEXC EWY_USDTshort0.0000%8h185.64−0.011%$7.6M$4.4M100x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h185.61−0.025%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.76+0.055%$728K$421K10xas long as short
SunX EWY-USDT0.0000%8h185.77+0.059%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h185.69+0.016%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.660.000%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h185.46−0.108%$376K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.65−0.005%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.51−0.081%$6.2M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h185.56−0.054%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.46−0.108%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.63−0.016%$742$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.58−0.043%$234K$334K10xas long as short
Paradex EWY-USD-PERP+0.0058%8h185.60−0.035%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h185.64−0.011%$955K$621K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.65−0.005%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.67+0.005%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.80+0.075%$515K$250K20xas long as short
Bybit EWYUSDT+0.0127%8h185.69+0.016%$4.9M$4.8M100xas long as short
Deribit EWY_USDC-PERPETUAL+0.0289%1h185.60−0.032%$3K$15K20xas long as short
edgeX EWYUSDC+0.0794%4h185.74+0.044%$416K$285K20xas long as short