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 −0.025%
Price spread now: Phemex against SoDEX−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
LongSoDEX EWY-USD189.580.0050pay 0.0006% / 1h41m 24s$778$3K10x
ShortPhemex EWYUSDT189.570get 0.0000% / 8h41m 24s$1.7M$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.005% → 0.000%
−$0.53
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$31.03
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Phemex: live order book, 2 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 Phemex live order book, 2 min ago0.53 bp44.0 bp −$44doesn'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%8h189.55−0.016%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h189.36−0.116%$2.7M20xas long as short
Phemex EWYUSDTshort0.0000%8h189.57−0.005%$1.7M$37K10x
Lighter EWY+0.0032%1h189.43−0.079%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.60+0.011%$217K25xas long as short
Entropy io:EWY+0.0050%1h189.48−0.053%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.43−0.079%$4K$7420xas long as short
SoDEX EWY-USDlong+0.0050%1h189.58long leg$778$3K10x
Ondo Perps EWY-USD.P+0.0050%1h189.49−0.047%$230K$193K10xas long as short
Popdex EWYUSDT+0.0088%1h189.59+0.005%$195K$138K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.54−0.021%$965K$706K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.41−0.090%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.59+0.005%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.580.000%$527K$340K20xas long as short
Bybit EWYUSDT+0.0145%8h189.66+0.042%$5.3M$4.2M100xas long as short
Paradex EWY-USD-PERP+0.0150%8h189.68+0.053%$235xas long as short
tradeXYZ xyz:EWY+0.0172%1h189.57−0.005%$6.3M$14.8M20xas long as short
Bitget EWYUSDT+0.0205%8h189.63+0.026%$2.6M$1.6M20xas long as short
HTX EWY-USDT+0.0210%8h189.67+0.047%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0240%1h189.56−0.011%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0294%8h189.67+0.047%$4.0M$4.1M50xas long as short
Aster EWYUSDT+0.0523%8h189.50−0.045%$294K$12K20xas long as short
Variational Omni EWY+0.0600%8h189.67+0.048%$1.5M$983Kas long as short
edgeX EWYUSDC+0.0613%4h189.67+0.045%$425K$276K20xas long as short
BloFin EWY-USDT+0.0623%8h189.61+0.016%$47K$214K50xas long as short
MEXC EWY_USDT+0.0639%8h189.580.000%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0640%1h189.53−0.029%$304K$392K10xas long as short
Binance EWYUSDT+0.0642%8h189.57−0.003%$28.5M$80.0M50xas long as short
GRVT EWY_USDT_Perp+0.0646%8h189.59+0.005%$750K$399K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0647%1h189.61+0.016%$2K$13K20xas long as short