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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: SunX against Entropy+0.016%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY187.750.0050pay 0.0006% / 1h29m 16s$87K$93K25x
ShortSunX EWY-USDT187.780get 0.0000% / 8h2h 29m$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Entropy. 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: +0.016% → 0.000%
$1.6
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
−$34.9
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Entropy: no order-book sample; SunX: live order book, 8 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 Entropy no order-book sample
Sell SunX live order book, 8 min ago500.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Entropy: 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
Hotstuff EWY-PERP−0.0040%1h187.750.000%$28K$12K20xas long as short
Aster EWYUSDT0.0000%8h187.91+0.083%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.87+0.062%$230K$491K10xas long as short
Binance EWYUSDT0.0000%8h187.87+0.065%$27.2M$79.4M50xas long as short
Bybit EWYUSDT0.0000%8h187.85+0.053%$5.1M$4.5M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.88+0.069%$4.1M$4.2M50xas long as short
Gate EWY_USDT0.0000%8h187.88+0.069%$4.1M$4.1M50xas long as short
MEXC EWY_USDT0.0000%8h187.91+0.085%$6.7M$3.9M100xas long as short
Bitget EWYUSDT0.0000%8h187.88+0.069%$2.7M$2.3M20xas long as short
Variational Omni EWY0.0000%8h187.79+0.019%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.79+0.021%$742K$414K10xas long as short
SunX EWY-USDTshort0.0000%8h187.78+0.016%$2.5M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h187.86+0.059%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.85+0.053%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.85+0.053%$1.7M$37K10xas long as short
BloFin EWY-USDT0.0000%8h187.86+0.059%$48K$215K50xas long as short
Lighter EWY+0.0032%1h187.76+0.005%$381K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h188.04+0.154%$523K$278K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.58−0.091%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.89+0.075%$196K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.79+0.021%$6.1M$14.3M20xas long as short
Entropy io:EWYlong+0.0050%1h187.75long leg$87K$93K25x
Polymarket Perps EWY-USD+0.0050%1h187.69−0.032%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.82+0.037%$734$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.81+0.032%$214K$316K10xas long as short
Paradex EWY-USD-PERP+0.0053%8h187.88+0.067%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.750.000%$967K$604K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.46−0.154%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.92+0.091%$2K$1K20xas long as short
edgeX EWYUSDC+0.0103%4h187.56−0.102%$421K$285K20xas long as short