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+0.0035%/8h= +3.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.036%
Price spread now: Binance against OKX−0.012%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.012%, 7d avg −0.003%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP189.800get 0.0000% / 8h3h 44m$4.1M$3.3M50x
ShortBinance EWYUSDT189.780.0035get 0.0035% / 8h3h 44m$27.7M$76.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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
$7.4
Price spread: −0.012% → −0.003%
−$0.91
Slippage, 4 orders
−$6.82
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.33
Costs to cover
0.268%
Break-even
26.2 days
Slippage from OKX: live order book, 3 min ago; Binance: 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 OKX live order book, 3 min ago0.26 bp8.6 bp −$912.0 bp −$120doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.26 bp5.4 bp −$57.2 bp −$7220.9 bp −$2,090doesn'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%8h189.78−0.011%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.76−0.021%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAPlong0.0000%8h189.80long leg$4.1M$3.3M50x
Gate EWY_USDT0.0000%8h189.77−0.016%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.83+0.016%$2.7M$2.1M20xas long as short
Variational Omni EWY0.0000%8h189.81+0.006%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.88+0.040%$750K$396K10xas long as short
SunX EWY-USDT0.0000%8h189.67−0.068%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.148%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.77−0.016%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EWY+0.0032%1h189.58−0.116%$384K$39K20xas long as short
Extended EWY_24_5-USD+0.0032%1h189.73−0.040%$301K$669K10xas long as short
Binance EWYUSDTshort+0.0035%8h189.78−0.012%$27.7M$76.5M50x
MEXC EWY_USDT+0.0039%8h189.77−0.016%$6.2M$3.8M100xas long as short
Vest EWY-USD-PERP+0.0046%1h189.800.000%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.78−0.011%$198K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.016%$530K$292K20xas long as short
BloFin EWY-USDT+0.0049%8h189.73−0.037%$47K$213K50xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.65−0.079%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.73−0.037%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.59−0.111%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.70−0.053%$744$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.71−0.047%$198K$267K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.67−0.067%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.69−0.058%$976K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.77−0.016%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.74−0.032%$2K$1K20xas long as short
edgeX EWYUSDC+0.0169%4h189.93+0.071%$426K$285K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0172%1h189.68−0.063%$2K$13K20xas long as short
Hotstuff EWY-PERP+0.0240%1h189.63−0.090%$28K$12K20xas long as short