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: KuCoin against SoDEX−0.079%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
Funding pays, the price is against you. KuCoin is 0.079% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 5.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX EWY-USD189.730.0050pay 0.0006% / 1h36m 08s$778$3K10x
ShortKuCoin EWYUSDTM189.580.0100get 0.0100% / 8h36m 08s$966K$703K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.5
Price spread: −0.079% → 0.000%
−$7.91
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$17.41
Costs to cover
0.200%
Break-even
18.6 days
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 33 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 KuCoin live order book, 33 min ago3.44 bp182.8 bp −$183doesn't fitdoesn'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%8h189.730.000%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h189.43−0.158%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.75+0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.63−0.053%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.75+0.011%$217K25xas long as short
Entropy io:EWY+0.0050%1h189.55−0.095%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.58−0.079%$4K$7420xas long as short
SoDEX EWY-USDlong+0.0050%1h189.73long leg$778$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.53−0.105%$232K$198K10xas long as short
Popdex EWYUSDT+0.0080%1h189.71−0.011%$195K$138K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTMshort+0.0100%8h189.58−0.079%$966K$703K20x
ApeX Omni EWYUSDT+0.0100%1h189.60−0.069%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.730.000%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.58−0.079%$527K$338K20xas long as short
Paradex EWY-USD-PERP+0.0154%8h189.84+0.058%$235xas long as short
Bybit EWYUSDT+0.0154%8h189.87+0.074%$5.3M$4.2M100xas long as short
tradeXYZ xyz:EWY+0.0190%1h189.75+0.011%$6.4M$14.7M20xas long as short
edgeX EWYUSDC+0.0206%4h189.60−0.069%$425K$274K20xas long as short
Bitget EWYUSDT+0.0210%8h189.80+0.037%$2.6M$1.6M20xas long as short
HTX EWY-USDT+0.0213%8h189.67−0.032%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0256%1h189.730.000%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0303%8h189.86+0.069%$4.0M$4.1M50xas long as short
Aster EWYUSDT+0.0530%8h189.62−0.056%$294K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0541%1h189.77+0.021%$2K$13K20xas long as short
Variational Omni EWY+0.0618%8h189.71−0.009%$1.5M$983Kas long as short
BloFin EWY-USDT+0.0645%8h189.65−0.042%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0647%8h189.60−0.069%$750K$399K10xas long as short
Extended EWY_24_5-USD+0.0648%1h189.73−0.001%$304K$392K10xas long as short
MEXC EWY_USDT+0.0648%8h189.75+0.011%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0650%8h189.75+0.011%$28.6M$79.9M50xas long as short