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+0.0715%/8h= +78.3% APRpaid last 24h +0.162%
Price spread now: edgeX against KuCoin−0.053%83s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2812.812% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.837%+$84 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.053%, 7d avg +0.040%
Together, before fees+0.956%+ Points / potential airdropedgeX: Active · farm board+$96 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.093% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.040%). If the spread goes back, that is −$9 on $10k: about 10 hours of funding at the current rate (+$21 a day). The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM190.180.0100pay 0.0100% / 8h5h 24m$981K$628K20x
ShortedgeX EWYUSDC190.080.0815get 0.0407% / 4h1h 24m$426K$282K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$150.14
Price spread: −0.053% → +0.040%
−$9.31
Slippage, 4 orders
−$260.19
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$140.36
Costs to cover
2.812%
Break-even
13.5 days
Slippage from KuCoin: live order book, 30 min ago; edgeX: live order book, 39 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, 30 min ago3.68 bp115.4 bp −$115doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 39 min ago5.26 bp10.1 bp −$1014.1 bp −$141doesn'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−0.0016%1h190.05−0.068%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.25+0.037%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.21+0.016%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.11−0.037%$751K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.16−0.011%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.20+0.011%$531K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.15−0.016%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.28+0.053%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.97−0.110%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.30+0.063%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.22+0.021%$198K$145K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.12−0.032%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.09−0.047%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.07−0.058%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.13−0.026%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.06−0.063%$198K$265K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.13−0.024%$235xas long as short
Bitget EWYUSDT+0.0061%8h190.27+0.047%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTMlong+0.0100%8h190.18long leg$981K$628K20x
ApeX Omni EWYUSDT+0.0100%1h190.13−0.026%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.180.000%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0106%8h190.31+0.068%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0193%8h190.19+0.007%$295K$12K20xas long as short
Variational Omni EWY+0.0237%8h190.09−0.049%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0264%1h190.20+0.011%$302K$665K10xas long as short
Binance EWYUSDT+0.0266%8h190.26+0.041%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0270%8h190.25+0.037%$6.5M$4.2M100xas long as short
BloFin EWY-USDT+0.0289%8h190.08−0.053%$48K$214K50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0329%1h190.10−0.042%$2K$13K20xas long as short
edgeX EWYUSDCshort+0.0815%4h190.08−0.053%$426K$282K20x