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+0.0603%/8h= +66.0% APRpaid last 24h −0.015%
Price spread now: GRVT against SoDEX−0.118%74s7-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 fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. GRVT is 0.118% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 16 hours of funding at the current rate (+$18 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX EWY-USD189.900.0050pay 0.0006% / 1h17m 58s$778$3K10x
ShortGRVT EWY_USDT_Perp189.680.0653get 0.0653% / 8h17m 58s$750K$395K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against SoDEX. 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
$126.63
Price spread: −0.118% → 0.000%
−$11.77
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$97.86
Costs to cover
0.170%
Break-even
1.6 days
Slippage unknown: SoDEX: no order-book sample; GRVT: live order book, 60 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 SoDEX no order-book sample
Sell GRVT live order book, 60 min ago1.59 bp6.6 bp −$712.1 bp −$121doesn't fitdoesn't fit
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%8h189.55−0.184%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.92+0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.81−0.047%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.900.000%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.93+0.016%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.70−0.105%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.76−0.074%$4K$8120xas long as short
SoDEX EWY-USDlong+0.0050%1h189.90long leg$778$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.73−0.090%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.70−0.105%$966K$688K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.68−0.116%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.86−0.021%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0136%8h189.99+0.048%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.79−0.058%$528K$341K20xas long as short
Hotstuff EWY-PERP+0.0152%1h189.83−0.037%$28K$12K20xas long as short
tradeXYZ xyz:EWY+0.0154%1h189.88−0.011%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0169%8h189.98+0.042%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0221%8h189.99+0.047%$36K$8K20xas long as short
Bitget EWYUSDT+0.0222%8h189.98+0.042%$2.6M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0323%8h190.00+0.053%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0488%1h189.96+0.032%$2K$13K20xas long as short
Aster EWYUSDT+0.0557%8h189.76−0.073%$294K$12K20xas long as short
edgeX EWYUSDC+0.0600%4h189.62−0.145%$425K$275K20xas long as short
Variational Omni EWY+0.0645%8h189.77−0.069%$1.5M$991Kas long as short
GRVT EWY_USDT_Perpshort+0.0653%8h189.68−0.118%$750K$395K10x
BloFin EWY-USDT+0.0676%8h189.86−0.021%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.88−0.008%$298K$396K10xas long as short
MEXC EWY_USDT+0.0680%8h189.92+0.011%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0683%8h189.92+0.011%$28.6M$79.8M50xas long as short