Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against SunX+0.063%46s7-day average +0.036% · you sell dearer than you buy
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 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.063%, 7d avg +0.036%
Together, before fees+0.127%+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.027% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.036%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT190.190get 0.0000% / 8h5h 37m$2.5M20x
ShortBybit EWYUSDT190.310get 0.0000% / 8h5h 37m$5.1M$4.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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
$0
Price spread: +0.063% → +0.036%
$2.68
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$16.32
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 10 min ago; Bybit: live order book, 5 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 SunX live order book, 10 min ago500.25 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.53 bp8.1 bp −$813.3 bp −$133doesn't fitdoesn't fit

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
Bybit EWYUSDTshort0.0000%8h190.31+0.063%$5.1M$4.3M100x
Gate EWY_USDT0.0000%8h190.21+0.011%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.20+0.004%$752K$390K10xas long as short
SunX EWY-USDTlong0.0000%8h190.19long leg$2.5M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h190.16−0.016%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.190.000%$530K$316K20xas long as short
HTX EWY-USDT0.0000%8h190.16−0.016%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.190.000%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.15−0.021%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.37+0.095%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.27+0.042%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.24+0.026%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.06−0.068%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.14−0.026%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.21+0.011%$747$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.05−0.074%$197K$276K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h190.23+0.021%$235xas long as short
Hotstuff EWY-PERP+0.0064%1h190.10−0.047%$28K$12K20xas long as short
Bitget EWYUSDT+0.0066%8h190.26+0.037%$2.7M$1.9M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.18−0.005%$980K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.32+0.068%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.24+0.026%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0122%8h190.32+0.068%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0232%8h190.27+0.042%$295K$12K20xas long as short
Variational Omni EWY+0.0287%8h190.06−0.069%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0308%8h190.29+0.053%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0310%8h190.22+0.016%$6.5M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0312%1h190.20+0.004%$302K$665K10xas long as short
BloFin EWY-USDT+0.0330%8h190.23+0.021%$48K$214K50xas long as short
edgeX EWYUSDC+0.0671%4h190.09−0.054%$426K$282K20xas long as short