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−0.0465%/8h= −50.9% APRnext payment $4.65 per $10,000 · paid last 24h −0.038%
Price spread now: Orderly against BloFin−0.378%772s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Orderly is 0.378% cheaper against BloFin than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 772 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT190.430.0565pay 0.0565% / 8h6h 35m$2K$214K50x
ShortOrderly PERP_EWY_USDC_mythos189.710.0100get 0.0100% / 8h6h 35m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$97.67
Price spread: −0.378% → 0.000%
−$37.81
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$153.48
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 24 min ago; Orderly: no order-book sample. Net counts fees only.

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, 24 min ago0.26 bp6.5 bp −$77.7 bp −$7715.6 bp −$1,563doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit EWY_USDC-PERPETUAL−0.0014%1h189.65−0.410%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h189.75−0.357%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.68−0.394%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.60−0.437%$749K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.76−0.352%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.65−0.410%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.71−0.378%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.54−0.467%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.80−0.331%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.65−0.410%$197K$146K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h190.28−0.079%$531K$336K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.65−0.410%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.65−0.410%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.52−0.478%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.61−0.431%$631$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.48−0.499%$212K$250K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h189.59−0.442%$235xas long as short
edgeX EWYUSDC+0.0083%4h189.50−0.487%$425K$282K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.61−0.431%$976K$634K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.57−0.452%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h189.71−0.378%$2K$1K20x
Hotstuff EWY-PERP+0.0192%1h189.62−0.425%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0213%8h189.70−0.383%$4.1M$3.5M50xas long as short
Bitget EWYUSDT+0.0255%8h189.70−0.383%$2.7M$1.9M20xas long as short
Aster EWYUSDT+0.0398%8h189.77−0.349%$294K$12K20xas long as short
Variational Omni EWY+0.0472%8h189.67−0.401%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0501%8h189.70−0.383%$28.3M$77.5M50xas long as short
Extended EWY_24_5-USD+0.0504%1h189.64−0.413%$302K$670K10xas long as short
MEXC EWY_USDT+0.0505%8h189.69−0.389%$7.0M$4.2M100xas long as short
BloFin EWY-USDTlong+0.0565%8h190.43long leg$2K$214K50x