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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.040%
Price spread now: Binance against KuCoin+0.067%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$475as in the Funding arb table
Net, price: spread back to 7d avg − costs−$471as in the Price arb table
costs, in and out, $10k−$4724.717% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)+0.210%+$21 · spread now +0.067%, 7d avg +0.064%
Together, before fees+0.180%+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM186.380.0100pay 0.0100% / 8h6m 15s$959K$601K20x
ShortBinance EWYUSDT186.510get 0.0000% / 8h6m 15s$27.0M$83.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
−$21
Price spread: +0.067% → +0.064%
$0.28
Slippage, 4 orders
−$449.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$492.44
Costs to cover
4.717%
Break-even
never at this rate
Slippage from KuCoin: live order book, 18 min ago; Binance: live order book, 6 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 KuCoin live order book, 18 min ago5.10 bp346.4 bp −$346doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago0.27 bp6.2 bp −$68.0 bp −$8022.2 bp −$2,223doesn'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−3.3808%1h186.30−0.043%$29K$13K20xas long as short
Bitget EWYUSDT−0.0597%8h186.61+0.123%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0026%1h185.94−0.236%$220K25xas long as short
BloFin EWY-USDT−0.0021%8h186.49+0.059%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h186.51+0.071%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.46+0.043%$237K$915K10xas long as short
Binance EWYUSDTshort0.0000%8h186.51+0.067%$27.0M$83.2M50x
Bybit EWYUSDT0.0000%8h186.54+0.086%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.51+0.070%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.56+0.097%$4.1M$4.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h186.50+0.064%$7.9M$4.4M100xas long as short
Variational Omni EWY0.0000%8h186.45+0.038%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.48+0.054%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.32−0.032%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.123%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.53+0.080%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h186.31−0.038%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.51+0.070%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.36−0.011%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.33−0.027%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.32−0.032%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.48+0.054%$747$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.45+0.038%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.059%$517K$252K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.48+0.056%$225xas long as short
KuCoin EWYUSDTMlong+0.0100%8h186.38long leg$959K$601K20x
ApeX Omni EWYUSDT+0.0100%1h186.42+0.021%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.48+0.054%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0179%1h186.42+0.021%$2K$14K20xas long as short
edgeX EWYUSDC+0.0939%4h186.48+0.056%$418K$285K20xas long as short