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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h −0.050%
Price spread now: tradeXYZ against BloFin−0.026%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$330.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.026%, 7d avg −0.088%
Together, before fees+0.042%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.062% dearer against BloFin than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.088%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.045% in total) that is about 9.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT190.470.0196pay 0.0196% / 8h5h 01m$48K$214K50x
ShorttradeXYZ xyz:EWY190.420.0050get 0.0006% / 1h1m 05s$6.1M$13.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$30.73
Price spread: −0.026% → −0.088%
$6.18
Slippage, 4 orders
−$3.39
Fee BloFin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$57.94
Costs to cover
0.334%
Break-even
never at this rate
Slippage from BloFin: live order book, 37 min ago; tradeXYZ: live order book, 8 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, 37 min ago0.53 bp6.5 bp −$78.0 bp −$8014.4 bp −$1,439doesn't fit
Sell tradeXYZ live order book, 8 min ago0.52 bp10.0 bp −$1011.8 bp −$118doesn'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−0.0096%1h190.34−0.068%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.56+0.047%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.51+0.021%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.43−0.021%$753K$393K10xas long as short
SunX EWY-USDT0.0000%8h190.39−0.042%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.39−0.042%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.39−0.042%$531K$311K20xas long as short
HTX EWY-USDT0.0000%8h190.53+0.032%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.48+0.005%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.32−0.079%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.58+0.058%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.44−0.016%$198K$146K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h190.42−0.026%$6.1M$13.9M20x
Entropy io:EWY+0.0050%1h190.31−0.084%$51K$56K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.28−0.100%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.46−0.005%$745$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.31−0.084%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h190.46−0.008%$235xas long as short
Bitget EWYUSDT+0.0062%8h190.45−0.011%$2.7M$2.0M20xas long as short
OKX EWY-USDT-SWAP+0.0094%8h190.48+0.005%$4.1M$3.5M50xas long as short
KuCoin EWYUSDTM+0.0100%8h190.42−0.026%$982K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.45−0.011%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.470.000%$2K$1K20xas long as short
Aster EWYUSDT+0.0145%8h190.46−0.005%$295K$12K20xas long as short
edgeX EWYUSDC+0.0164%4h190.41−0.031%$427K$284K20xas long as short
Variational Omni EWY+0.0179%8h190.44−0.018%$1.2M$1.1Mas long as short
BloFin EWY-USDTlong+0.0196%8h190.47long leg$48K$214K50x
Extended EWY_24_5-USD+0.0216%1h190.42−0.028%$302K$663K10xas long as short
Binance EWYUSDT+0.0220%8h190.49+0.012%$28.5M$76.8M50xas long as short
MEXC EWY_USDT+0.0221%8h190.48+0.005%$6.5M$4.2M100xas long as short