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+0.0411%/8h= +45.0% APRpaid last 24h +0.158%
Price spread now: edgeX against OKX+0.094%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs+$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.941%+$94 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.094%, 7d avg −0.003%
Together, before fees+0.889%+ Points / potential airdropedgeX: Active · farm board+$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and edgeX is 0.097% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP190.090.0131pay 0.0131% / 8h5h 46m$4.1M$3.5M50x
ShortedgeX EWYUSDC190.270.0542get 0.0271% / 4h1h 46m$426K$284K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$86.28
Price spread: +0.094% → −0.003%
$9.67
Slippage, 4 orders
−$17.23
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$59.72
Costs to cover
0.362%
Break-even
2.2 days
Slippage from OKX: live order book, 1 min ago; edgeX: live order book, 17 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 ago0.26 bp9.1 bp −$913.2 bp −$132doesn't fitdoesn't fit
Sell edgeX live order book, 17 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
Deribit EWY_USDC-PERPETUAL−0.0433%1h190.11+0.011%$2K$13K20xas long as short
Hotstuff EWY-PERP−0.0016%1h190.05−0.021%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.19+0.053%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.15+0.032%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.45+0.191%$753K$388K10xas long as short
SunX EWY-USDT0.0000%8h190.19+0.053%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.19+0.053%$530K$318K20xas long as short
HTX EWY-USDT0.0000%8h190.47+0.200%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.07−0.011%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.18+0.047%$385K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.28+0.100%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.12+0.016%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.05−0.021%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.19+0.053%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.91−0.095%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.07−0.011%$742$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.06−0.016%$198K$274K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h190.18+0.046%$235xas long as short
Bitget EWYUSDT+0.0090%8h190.12+0.016%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.18+0.047%$980K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.25+0.084%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.20+0.058%$2K$1K20xas long as short
OKX EWY-USDT-SWAPlong+0.0131%8h190.09long leg$4.1M$3.5M50x
Aster EWYUSDT+0.0258%8h190.25+0.082%$295K$12K20xas long as short
Variational Omni EWY+0.0325%8h190.41+0.167%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0336%1h190.08−0.004%$302K$665K10xas long as short
BloFin EWY-USDT+0.0339%8h190.11+0.011%$214K50xas long as short
Binance EWYUSDT+0.0340%8h190.12+0.016%$28.3M$77.0M50xas long as short
MEXC EWY_USDT+0.0344%8h190.12+0.016%$6.4M$4.2M100xas long as short
edgeX EWYUSDCshort+0.0542%4h190.27+0.094%$426K$284K20x