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−0.0050%/8h= −5.5% APRpaid last 24h −0.005%
Price spread now: SoDEX against Orderly−0.005%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
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
LongOrderly PERP_EWY_USDC_mythos189.880.0100pay 0.0100% / 8h16m 58s$2K$1K20x
ShortSoDEX EWY-USD189.870.0050get 0.0006% / 1h16m 58s$774$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Orderly. 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: −0.005% → 0.000%
−$0.53
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$25.03
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell SoDEX no order-book sample
Orderly 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%8h189.89+0.005%$3.6M$3.1M50xas long as short
SunX EWY-USDT0.0000%8h189.65−0.121%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.89+0.005%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.74−0.074%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.95+0.037%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.92+0.021%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.74−0.074%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.74−0.074%$4K$8120xas long as short
SoDEX EWY-USDshort+0.0050%1h189.87−0.005%$774$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.73−0.079%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.69−0.100%$966K$688K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.86−0.011%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h189.88long leg$2K$1K20x
Paradex EWY-USD-PERP+0.0138%8h190.04+0.085%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.880.000%$527K$342K20xas long as short
tradeXYZ xyz:EWY+0.0152%1h189.83−0.026%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0170%8h189.96+0.042%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0223%8h189.99+0.058%$36K$8K20xas long as short
Bitget EWYUSDT+0.0224%8h189.89+0.005%$2.6M$1.5M20xas long as short
Hotstuff EWY-PERP+0.0232%1h189.880.000%$28K$12K20xas long as short
edgeX EWYUSDC+0.0306%4h189.83−0.029%$425K$276K20xas long as short
OKX EWY-USDT-SWAP+0.0325%8h189.96+0.042%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0435%1h189.90+0.011%$2K$13K20xas long as short
Aster EWYUSDT+0.0562%8h189.75−0.066%$294K$12K20xas long as short
Variational Omni EWY+0.0645%8h189.77−0.058%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0656%8h189.91+0.016%$751K$395K10xas long as short
MEXC EWY_USDT+0.0682%8h189.87−0.005%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0687%8h189.85−0.016%$28.6M$79.7M50xas long as short
Extended EWY_24_5-USD+0.0688%1h189.81−0.035%$298K$396K10xas long as short
BloFin EWY-USDT+0.0705%8h189.90+0.011%$47K$214K50xas long as short