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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.058%
Price spread now: Vest against BloFin−0.011%105s7-day average +0.056% · 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 4 days (all we have)−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.011%, 7d avg +0.056%
Together, before fees+0.072%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.067% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.056%). Swap the legs. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.034% in total (about -3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT188.620.0250pay 0.0250% / 8h5h 43m$48K$237K50x
ShortVest EWY-USD-PERP188.600.0046get 0.0006% / 1h43m 20s$224K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$42.84
Price spread: −0.011% → +0.056%
−$6.69
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$63.53
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 62 min ago; Vest: 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, 62 min ago0.27 bp6.3 bp −$68.4 bp −$8419.4 bp −$1,935doesn't fit
Sell Vest no order-book sample
Vest: 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 exchanges

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−8.0000%1h188.03−0.313%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.61−0.005%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.60−0.011%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.60−0.011%$3.1M$3.1M20xas long as short
SunX EWY-USDT0.0000%8h188.21−0.217%$1.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.65+0.016%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.44−0.095%$382K$44K20xas long as short
Vest EWY-USD-PERPshort+0.0046%1h188.60−0.011%$224K25x
Popdex EWYUSDT+0.0048%1h188.58−0.021%$201K$167K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.46−0.085%$5.9M$15.5M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.60−0.011%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.53−0.048%$776$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.43−0.101%$226K$316K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h188.68+0.034%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.48−0.074%$523K$252K20xas long as short
Gate EWY_USDT+0.0091%8h188.620.000%$4.0M$4.8M50xas long as short
KuCoin EWYUSDTM+0.0100%8h188.38−0.127%$968K$707K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.620.000%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.59−0.016%$2K$1K20xas long as short
Polymarket Perps EWY-USD+0.0115%1h188.72+0.053%$4K$7K20xas long as short
Aster EWYUSDT+0.0153%8h188.46−0.082%$292K$14K20xas long as short
Variational Omni EWY+0.0205%8h188.62−0.002%$1.1M$941Kas long as short
Deribit EWY_USDC-PERPETUAL+0.0227%1h188.63+0.005%$3K$13K20xas long as short
MEXC EWY_USDT+0.0244%8h188.56−0.032%$7.4M$4.3M100xas long as short
Binance EWYUSDT+0.0248%8h188.60−0.009%$26.2M$86.6M50xas long as short
Extended EWY_24_5-USD+0.0248%1h188.55−0.039%$247K$935K10xas long as short
BloFin EWY-USDTlong+0.0250%8h188.62long leg$48K$237K50x
edgeX EWYUSDC+0.0391%4h188.54−0.040%$423K$291K20xas long as short
HTX EWY-USDT+0.0417%8h188.94+0.170%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.0912%8h188.84+0.118%$740K$408K10xas long as short