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 −0.017%
Price spread now: Bybit against OKX+0.064%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 days−0.049%−$5 · spread now +0.064%, 7d avg +0.004%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.060% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP187.810get 0.0000% / 8h1h 41m$4.1M$4.3M50x
ShortBybit EWYUSDT187.930get 0.0000% / 8h1h 41m$4.9M$4.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.064% → +0.004%
$5.95
Slippage, 4 orders
−$10.87
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$25.91
Costs to cover
0.319%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago0.27 bp8.8 bp −$911.6 bp −$116doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.53 bp8.2 bp −$812.0 bp −$120doesn'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−0.0146%8h187.92+0.059%$2.7M$2.3M20xas long as short
Aster EWYUSDT0.0000%8h187.83+0.009%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.80−0.005%$239K$498K10xas long as short
Binance EWYUSDT0.0000%8h187.87+0.030%$27.2M$81.9M50xas long as short
Bybit EWYUSDTshort0.0000%8h187.93+0.064%$4.9M$4.8M100x
OKX EWY-USDT-SWAPlong0.0000%8h187.81long leg$4.1M$4.3M50x
Gate EWY_USDT0.0000%8h187.88+0.037%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.87+0.032%$8.6M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.89+0.044%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h188.00+0.103%$744K$425K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h187.79−0.011%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.97+0.085%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.93+0.064%$1.7M$36K10xas long as short
BloFin EWY-USDT+0.0013%8h188.01+0.106%$48K$216K50xas long as short
Lighter EWY+0.0032%1h187.71−0.053%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0045%1h187.60−0.112%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.87+0.032%$197K$151K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.85+0.021%$522K$273K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.75−0.032%$6.4M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h187.80−0.005%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.66−0.080%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.83+0.011%$759$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.75−0.032%$224K$317K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h187.88+0.040%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0070%1h187.73−0.043%$2K$14K20xas long as short
Hotstuff EWY-PERP+0.0080%1h187.77−0.021%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h187.72−0.048%$966K$596K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.50−0.165%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.85+0.021%$2K$1K20xas long as short
edgeX EWYUSDC+0.0599%4h187.98+0.090%$421K$286K20xas long as short