Funding arb · Price arb /

EWY

RWAall EWY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0167%/8h= −18.3% APRpaid last 24h +0.025%

Price spread now: SoDEX against HTX+0.090%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. SoDEX is 0.090% dearer against HTX than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX EWY-USDT	189.65	0.0217	pay 0.0217% / 8h	19m 30s	$36K	$8K	20x
Short	SoDEX EWY-USD	189.82	0.0050	get 0.0006% / 1h	19m 30s	$776	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee SoDEXbpOrdersPrice spread, now +0.090%Rate

Funding earned: −$35.04
Price spread: +0.090% → 0.000%: $8.96
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$46.07
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

HTX 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EWY_USDT	0.0000%	8h	189.82	+0.090%	$3.4M	$2.9M	50x	as long as short
SunX EWY-USDT	0.0000%	8h	189.58	−0.037%	—	$2.7M	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	189.82	+0.090%	$1.7M	$37K	10x	as long as short
Lighter EWY	+0.0032%	1h	189.73	+0.042%	$377K	$62K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	189.84	+0.100%	—	$220K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	189.85	+0.105%	$195K	$138K	20x	as long as short
Entropy io:EWY	+0.0050%	1h	189.67	+0.011%	$51K	$59K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	189.72	+0.037%	$4K	$81	20x	as long as short
SoDEX EWY-USDshort	+0.0050%	1h	189.82	+0.090%	$776	$3K	10x
Ondo Perps EWY-USD.P	+0.0050%	1h	189.73	+0.042%	$243K	$207K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin EWYUSDTM	+0.0100%	8h	189.66	+0.005%	$966K	$690K	20x	as long as short
ApeX Omni EWYUSDT	+0.0100%	1h	189.68	+0.016%	$13K	$262K	50x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	189.77	+0.063%	$2K	$1K	20x	as long as short
Paradex EWY-USD-PERP	+0.0135%	8h	189.95	+0.156%	$23	—	5x	as long as short
Coinbase International EWY-PERP-INTX	+0.0144%	1h	189.79	+0.074%	$528K	$341K	20x	as long as short
tradeXYZ xyz:EWY	+0.0154%	1h	189.80	+0.079%	$6.7M	$14.7M	20x	as long as short
Bybit EWYUSDT	+0.0167%	8h	189.90	+0.132%	$5.3M	$4.2M	100x	as long as short
Hotstuff EWY-PERP	+0.0168%	1h	189.78	+0.069%	$28K	$12K	20x	as long as short
HTX EWY-USDTlong	+0.0217%	8h	189.65	long leg	$36K	$8K	20x
Bitget EWYUSDT	+0.0220%	8h	189.91	+0.137%	$2.6M	$1.6M	20x	as long as short
OKX EWY-USDT-SWAP	+0.0320%	8h	189.95	+0.158%	$4.0M	$4.1M	50x	as long as short
Deribit EWY_USDC-PERPETUAL	+0.0435%	1h	189.86	+0.111%	$2K	$13K	20x	as long as short
Aster EWYUSDT	+0.0554%	8h	189.69	+0.021%	$294K	$12K	20x	as long as short
edgeX EWYUSDC	+0.0600%	4h	189.62	−0.014%	$425K	$275K	20x	as long as short
Variational Omni EWY	+0.0645%	8h	189.77	+0.063%	$1.5M	$991K	—	as long as short
GRVT EWY_USDT_Perp	+0.0653%	8h	189.68	+0.014%	$750K	$395K	10x	as long as short
MEXC EWY_USDT	+0.0678%	8h	189.83	+0.095%	$7.5M	$4.5M	100x	as long as short
BloFin EWY-USDT	+0.0680%	8h	189.81	+0.084%	$47K	$214K	50x	as long as short
Extended EWY_24_5-USD	+0.0680%	1h	189.80	+0.078%	$298K	$396K	10x	as long as short
Binance EWYUSDT	+0.0680%	8h	189.83	+0.095%	$28.6M	$79.8M	50x	as long as short