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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0438%/8h= −47.9% APRnext payment $0.55 per $10,000 · paid last 24h −0.025%
Price spread now: SoDEX against Deribit−0.032%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 3 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 −$13 a day on $10k at the current rate, and SoDEX is 0.032% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL189.960.0488pay 0.0061% / 1h17m 37s$2K$13K20x
ShortSoDEX EWY-USD189.900.0050get 0.0006% / 1h17m 37s$778$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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
−$91.88
Price spread: −0.032% → 0.000%
−$3.16
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$110.04
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; SoDEX: 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 Deribit no order-book sample
Sell SoDEX no order-book sample
Deribit and SoDEX: 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
Gate EWY_USDT0.0000%8h189.93−0.016%$3.6M$3.0M50xas long as short
SunX EWY-USDT0.0000%8h189.55−0.216%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.92−0.021%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.80−0.084%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.90−0.032%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.93−0.016%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.74−0.116%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.76−0.105%$4K$8120xas long as short
SoDEX EWY-USDshort+0.0050%1h189.90−0.032%$778$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.73−0.121%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.70−0.137%$966K$688K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.68−0.147%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.86−0.053%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0138%8h190.04+0.043%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.79−0.089%$528K$341K20xas long as short
Hotstuff EWY-PERP+0.0152%1h189.83−0.068%$28K$12K20xas long as short
tradeXYZ xyz:EWY+0.0153%1h189.88−0.042%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0170%8h189.98+0.011%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0221%8h189.99+0.016%$36K$8K20xas long as short
Bitget EWYUSDT+0.0224%8h189.97+0.005%$2.6M$1.5M20xas long as short
OKX EWY-USDT-SWAP+0.0325%8h190.00+0.021%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUALlong+0.0488%1h189.96long leg$2K$13K20x
Aster EWYUSDT+0.0562%8h189.77−0.103%$294K$12K20xas long as short
edgeX EWYUSDC+0.0600%4h189.62−0.177%$425K$275K20xas long as short
Variational Omni EWY+0.0645%8h189.77−0.100%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0653%8h189.68−0.149%$750K$395K10xas long as short
BloFin EWY-USDT+0.0676%8h189.86−0.053%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.88−0.040%$298K$396K10xas long as short
MEXC EWY_USDT+0.0682%8h189.91−0.026%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0687%8h189.93−0.016%$28.6M$79.8M50xas long as short