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+0.0065%/8h= +7.1% APRnext payment +$0.65 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against KuCoin+0.068%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3223.223% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.068%, 7d avg +0.056%
Together, before fees−0.122%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM190.490.0100pay 0.0100% / 8h4h 34m$982K$622K20x
ShortBloFin EWY-USDT190.620.0165get 0.0165% / 8h4h 34m$48K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$13.71
Price spread: +0.068% → +0.056%
$1.2
Slippage, 4 orders
−$298.35
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$307.44
Costs to cover
3.223%
Break-even
164.0 days
Slippage from KuCoin: live order book, 15 min ago; BloFin: live order book, 63 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, 15 min ago3.94 bp123.3 bp −$123doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 63 min ago0.53 bp6.5 bp −$77.5 bp −$7514.6 bp −$1,462doesn'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%8h190.68+0.100%$5.2M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.64+0.079%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.60+0.056%$753K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.66+0.089%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.121%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.64+0.079%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.50+0.005%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.57+0.042%$531K$304K20xas long as short
Bitget EWYUSDT+0.0044%8h190.60+0.058%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.78+0.152%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.61+0.063%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.50+0.005%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.46−0.016%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.44−0.026%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.62+0.068%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.58+0.047%$201K$268K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.63+0.074%$235xas long as short
OKX EWY-USDT-SWAP+0.0057%8h190.62+0.068%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0074%8h190.58+0.045%$295K$12K20xas long as short
KuCoin EWYUSDTMlong+0.0100%8h190.49long leg$982K$622K20x
ApeX Omni EWYUSDT+0.0100%1h190.47−0.010%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.61+0.063%$2K$1K20xas long as short
Variational Omni EWY+0.0111%8h190.60+0.059%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0149%8h190.60+0.058%$28.5M$76.5M50xas long as short
MEXC EWY_USDT+0.0151%8h190.59+0.052%$6.5M$3.9M100xas long as short
Extended EWY_24_5-USD+0.0152%1h190.56+0.038%$301K$669K10xas long as short
BloFin EWY-USDTshort+0.0165%8h190.62+0.068%$48K$214K50x
Hotstuff EWY-PERP+0.0208%1h190.54+0.026%$29K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0275%1h190.62+0.068%$2K$13K20xas long as short
edgeX EWYUSDC+0.0924%4h190.55+0.033%$427K$284K20xas long as short