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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against Orderly−0.037%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.037% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EWY_USDC_mythos189.740.0100pay 0.0100% / 8h3h 41m$2K$1K20x
ShortOKX EWY-USDT-SWAP189.670get 0.0000% / 8h3h 41m$4.1M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Orderly. 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
−$21
Price spread: −0.037% → 0.000%
−$3.69
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$40.69
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell OKX live order book, 1 min ago0.26 bp7.5 bp −$811.3 bp −$113doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h189.69−0.029%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.68−0.032%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAPshort0.0000%8h189.67−0.037%$4.1M$3.3M50x
Gate EWY_USDT0.0000%8h189.68−0.032%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.70−0.021%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.81+0.038%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68−0.030%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.73−0.005%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.179%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.84+0.053%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EWY-USDT+0.0015%8h189.82+0.042%$47K$213K50xas long as short
Binance EWYUSDT+0.0028%8h189.65−0.049%$27.7M$76.6M50xas long as short
MEXC EWY_USDT+0.0028%8h189.64−0.053%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.54−0.105%$384K$39K20xas long as short
Extended EWY_24_5-USD+0.0032%1h189.59−0.079%$301K$670K10xas long as short
Vest EWY-USD-PERP+0.0046%1h189.82+0.042%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.64−0.053%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.047%$530K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.56−0.095%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.64−0.053%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.66−0.042%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.78+0.021%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.70−0.021%$209K$278K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.69−0.027%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.62−0.063%$977K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.70−0.021%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h189.74long leg$2K$1K20x
Deribit EWY_USDC-PERPETUAL+0.0330%1h189.77+0.016%$2K$13K20xas long as short
edgeX EWYUSDC+0.0380%4h189.74+0.002%$426K$283K20xas long as short
Hotstuff EWY-PERP+0.0392%1h189.61−0.069%$28K$12K20xas long as short