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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0959%/8h= +105.0% APRpaid last 24h +0.136%
Price spread now: edgeX against MEXC−0.126%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs+$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$210.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.952%+$95 on $10k
Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.126%, 7d avg −0.010%
Together, before fees+1.134%+ Points / potential airdropedgeX: Active · farm board+$113 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.116% cheaper against MEXC than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of −0.010%). If the spread goes back, that is −$12 on $10k: about 10 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.952% in total) that is about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT185.750get 0.0000% / 8h7h 20m$7.4M$4.5M100x
ShortedgeX EWYUSDC185.520.0959get 0.0479% / 4h3h 20m$416K$285K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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
$201.38
Price spread: −0.126% → −0.010%
−$11.6
Slippage, 4 orders
−$12.39
Fee MEXC: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$168.39
Costs to cover
0.214%
Break-even
1.1 days
Slippage from MEXC: live order book, 2 min ago; edgeX: live order book, 13 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 MEXC live order book, 2 min ago0.27 bp0.3 bp $00.9 bp −$94.2 bp −$416120.4 bp −$60.2K
Sell edgeX live order book, 13 min ago5.66 bp10.5 bp −$1014.0 bp −$140doesn'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
Bitget EWYUSDT−0.0471%8h185.750.000%$3.1M$2.7M20xas long as short
Vest EWY-USD-PERP−0.0013%1h185.32−0.231%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.72−0.016%$288K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.71−0.020%$239K$912K10xas long as short
Binance EWYUSDT0.0000%8h185.76+0.005%$26.7M$82.1M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.76+0.005%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.79+0.022%$4.2M$4.5M50xas long as short
MEXC EWY_USDTlong0.0000%8h185.75long leg$7.4M$4.5M100x
Variational Omni EWY0.0000%8h185.77+0.010%$1.1M$1.0Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.53−0.121%$727K$418K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h185.76+0.005%$2.3M20xas long as short
HTX EWY-USDT0.0000%8h185.64−0.059%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.77+0.011%$1.6M$37K10xas long as short
Bybit EWYUSDT+0.0012%8h185.79+0.022%$5.0M$4.8M100xas long as short
BloFin EWY-USDT+0.0030%8h185.72−0.016%$48K$220K50xas long as short
Lighter EWY+0.0032%1h185.58−0.092%$376K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.71−0.022%$195K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.60−0.081%$6.0M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h185.44−0.167%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.49−0.140%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.73−0.011%$738$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.25−0.269%$233K$332K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h185.66−0.049%$225xas long as short
Hotstuff EWY-PERP+0.0056%1h185.49−0.140%$27K$16K20xas long as short
KuCoin EWYUSDTM+0.0100%8h185.55−0.108%$956K$633K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.57−0.097%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.72−0.016%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.38−0.199%$515K$249K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0343%1h185.68−0.038%$3K$15K20xas long as short
edgeX EWYUSDCshort+0.0959%4h185.52−0.126%$416K$285K20x