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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.018%
Price spread now: OKX against Extended+0.054%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$210.213% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.054%, 7d avg +0.022%
Together, before fees−0.001%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.022%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.028% in total) that is about 7.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EWY_24_5-USD190.550.0096pay 0.0012% / 1h8m 35s$301K$669K10x
ShortOKX EWY-USDT-SWAP190.650.0016get 0.0016% / 8h4h 08m$4.1M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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
−$16.86
Price spread: +0.054% → +0.022%
$3.19
Slippage, 4 orders
−$6.31
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$34.98
Costs to cover
0.213%
Break-even
never at this rate
Slippage from Extended: live order book, 49 min ago; OKX: live order book, 4 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 Extended live order book, 49 min ago0.03 bp2.8 bp −$36.3 bp −$63doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.26 bp8.3 bp −$811.4 bp −$114doesn'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%8h190.64+0.049%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.63+0.044%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.66+0.059%$754K$396K10xas long as short
SunX EWY-USDT0.0000%8h190.63+0.044%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.091%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.63+0.044%$1.7M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0012%1h190.65+0.054%$2K$13K20xas long as short
Aster EWYUSDT+0.0013%8h190.64+0.051%$296K$12K20xas long as short
OKX EWY-USDT-SWAPshort+0.0016%8h190.65+0.054%$4.1M$3.3M50x
Lighter EWY+0.0032%1h190.52−0.014%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.58+0.017%$532K$297K20xas long as short
Bitget EWYUSDT+0.0044%8h190.61+0.033%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.84+0.154%$220K25xas long as short
Hotstuff EWY-PERP+0.0048%1h190.55+0.002%$29K$12K20xas long as short
Popdex EWYUSDT+0.0048%1h190.57+0.012%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.52−0.014%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h190.55+0.002%$30K$66K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.49−0.030%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.64+0.049%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.43−0.061%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h190.61+0.033%$235xas long as short
Variational Omni EWY+0.0054%8h190.62+0.038%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0091%8h190.60+0.028%$28.1M$76.5M50xas long as short
MEXC EWY_USDT+0.0093%8h190.57+0.012%$6.5M$3.9M100xas long as short
BloFin EWY-USDT+0.0094%8h190.61+0.033%$48K$214K50xas long as short
Extended EWY_24_5-USDlong+0.0096%1h190.55long leg$301K$669K10x
KuCoin EWYUSDTM+0.0100%8h190.58+0.017%$982K$617K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.56+0.007%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.64+0.049%$2K$1K20xas long as short
edgeX EWYUSDC+0.0824%4h190.63+0.042%$427K$283K20xas long as short