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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.012%
Price spread now: Vest against Phemex−0.005%7-day average +0.056% · 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 4 days (all we have)+0.049%+$5 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.005%, 7d avg +0.056%
Together, before fees+0.135%+ Points / potential airdropVest: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.061% cheaper against Phemex than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.056%). If the spread goes back, that is −$6 on $10k: about 4.4 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex EWYUSDT188.610get 0.0000% / 8h5h 43m$1.7M$37K10x
ShortVest EWY-USD-PERP188.600.0046get 0.0006% / 1h43m 17s$224K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Phemex. 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
$9.59
Price spread: −0.005% → +0.056%
−$6.08
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$10.49
Costs to cover
0.140%
Break-even
14.7 days
Slippage unknown: Phemex: live order book, 3 min ago; Vest: no order-book sample. 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 Phemex live order book, 3 min ago2.12 bp49.3 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−8.0000%1h188.03−0.308%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.59−0.011%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.610.000%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.64+0.016%$3.1M$3.1M20xas long as short
SunX EWY-USDT0.0000%8h188.27−0.180%$1.7M20xas long as short
Phemex EWYUSDTlong0.0000%8h188.61long leg$1.7M$37K10x
Lighter EWY+0.0032%1h188.45−0.085%$382K$44K20xas long as short
Vest EWY-USD-PERPshort+0.0046%1h188.60−0.005%$224K25x
Popdex EWYUSDT+0.0048%1h188.58−0.016%$201K$167K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.46−0.080%$5.9M$15.5M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.60−0.005%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.55−0.032%$778$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.43−0.095%$226K$316K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h188.68+0.039%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.46−0.080%$523K$253K20xas long as short
Gate EWY_USDT+0.0091%8h188.62+0.005%$4.0M$4.8M50xas long as short
KuCoin EWYUSDTM+0.0100%8h188.41−0.106%$968K$707K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.62+0.005%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.59−0.011%$2K$1K20xas long as short
Polymarket Perps EWY-USD+0.0115%1h188.72+0.058%$4K$7K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0121%1h188.57−0.021%$3K$12K20xas long as short
Aster EWYUSDT+0.0153%8h188.48−0.067%$292K$14K20xas long as short
Variational Omni EWY+0.0205%8h188.62+0.004%$1.1M$941Kas long as short
BloFin EWY-USDT+0.0230%8h188.60−0.005%$48K$237K50xas long as short
MEXC EWY_USDT+0.0244%8h188.59−0.011%$7.4M$4.3M100xas long as short
Binance EWYUSDT+0.0248%8h188.60−0.005%$26.2M$86.6M50xas long as short
Extended EWY_24_5-USD+0.0248%1h188.55−0.033%$247K$935K10xas long as short
edgeX EWYUSDC+0.0391%4h188.54−0.035%$423K$291K20xas long as short
HTX EWY-USDT+0.0424%8h188.94+0.175%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.0912%8h188.84+0.123%$740K$408K10xas long as short