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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.070%
Price spread now: Phemex against MEXC+0.011%50s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1011.009% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.180%−$18 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.011%, 7d avg +0.006%
Together, before fees−0.209%−$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT188.860get 0.0000% / 8h3h 05m$6.2M$3.8M100x
ShortPhemex EWYUSDT188.880get 0.0000% / 8h3h 05m$1.7M$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.011% → +0.006%
$0.44
Slippage, 4 orders
−$88.94
Fee MEXC: 0 bp × 2 orders
$0
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$100.5
Costs to cover
1.009%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Phemex: live order book, 3 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 ago0.26 bp0.3 bp $00.3 bp −$32.7 bp −$27188.1 bp −$44.0K
Sell Phemex live order book, 3 min ago2.12 bp50.2 bp −$50doesn't fitdoesn'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
Aster EWYUSDT0.0000%8h188.89+0.015%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.76−0.054%$300K$422K10xas long as short
Binance EWYUSDT0.0000%8h188.81−0.026%$27.6M$77.7M50xas long as short
Bybit EWYUSDT0.0000%8h188.860.000%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.78−0.042%$4.2M$4.0M50xas long as short
Gate EWY_USDT0.0000%8h188.81−0.026%$4.1M$3.9M50xas long as short
MEXC EWY_USDTlong0.0000%8h188.86long leg$6.2M$3.8M100x
Bitget EWYUSDT0.0000%8h188.82−0.021%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h188.85−0.004%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h188.70−0.085%$746K$406K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h188.81−0.026%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.860.000%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h188.91+0.026%$22K$35K20xas long as short
Phemex EWYUSDTshort0.0000%8h188.88+0.011%$1.7M$37K10x
BloFin EWY-USDT+0.0029%8h188.75−0.058%$48K$214K50xas long as short
Lighter EWY+0.0032%1h188.72−0.074%$383K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.73−0.069%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.81−0.026%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.40−0.244%$524K$290K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.71−0.079%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.73−0.069%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.64−0.116%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.860.000%$731$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.63−0.122%$202K$304K10xas long as short
Paradex EWY-USD-PERP+0.0051%8h188.83−0.017%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h188.71−0.079%$973K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.81−0.026%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.93+0.037%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0624%1h188.76−0.053%$28K$12K20xas long as short
edgeX EWYUSDC+0.0734%4h188.57−0.156%$423K$284K20xas long as short