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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Orderly against tradeXYZ+0.021%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.021% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EWY190.140.0050pay 0.0006% / 1h23m 34s$6.1M$13.9M20x
ShortOrderly PERP_EWY_USDC_mythos190.180.0100get 0.0100% / 8h5h 23m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against tradeXYZ. 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
$10.5
Price spread: +0.021% → 0.000%
$2.1
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$11.4
Costs to cover
0.240%
Break-even
14.6 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; Orderly: 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 tradeXYZ live order book, 4 min ago0.26 bp10.6 bp −$1113.7 bp −$137doesn't fitdoesn't fit
Sell Orderly no order-book sample
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
Bybit EWYUSDT0.0000%8h190.26+0.063%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.23+0.047%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.11−0.016%$751K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.16+0.011%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.20+0.032%$531K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.15+0.005%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.28+0.074%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.97−0.089%$385K$39K20xas long as short
Hotstuff EWY-PERP+0.0032%1h190.140.000%$29K$12K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.33+0.100%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.23+0.047%$198K$145K20xas long as short
tradeXYZ xyz:EWYlong+0.0050%1h190.14long leg$6.1M$13.9M20x
Entropy io:EWY+0.0050%1h190.11−0.016%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.06−0.042%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.13−0.005%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.06−0.042%$198K$265K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h190.25+0.059%$235xas long as short
Bitget EWYUSDT+0.0059%8h190.26+0.063%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.18+0.021%$981K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.08−0.032%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h190.18+0.021%$2K$1K20x
OKX EWY-USDT-SWAP+0.0105%8h190.29+0.079%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0190%8h190.22+0.040%$295K$12K20xas long as short
Variational Omni EWY+0.0237%8h190.09−0.028%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0262%8h190.26+0.062%$28.4M$77.0M50xas long as short
Extended EWY_24_5-USD+0.0264%1h190.21+0.035%$302K$665K10xas long as short
MEXC EWY_USDT+0.0266%8h190.25+0.058%$6.5M$4.2M100xas long as short
BloFin EWY-USDT+0.0289%8h190.08−0.032%$48K$214K50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0329%1h190.10−0.021%$2K$13K20xas long as short
edgeX EWYUSDC+0.0946%4h190.08−0.029%$426K$283K20xas long as short