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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.014%
Price spread now: Coinbase International against SunX−0.011%7-day average −0.051% · 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 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.011%, 7d avg −0.051%
Together, before fees+0.200%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.040% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT186.030get 0.0000% / 8h7h 47m$2.4M20x
ShortCoinbase International EWY-PERP-INTX186.010.0112get 0.0014% / 1h47m 59s$516K$250K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$23.52
Price spread: −0.011% → −0.051%
$4
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$9.52
Costs to cover
0.180%
Break-even
4.2 days
Slippage unknown: SunX: live order book, 9 min ago; Coinbase International: live order book, 50 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, 9 min ago500.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 50 min ago0.54 bp6.3 bp −$611.0 bp −$110doesn'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
Bitget EWYUSDT−0.0576%8h186.11+0.043%$3.1M$2.6M20xas long as short
Hotstuff EWY-PERP−0.0336%1h185.83−0.108%$28K$15K20xas long as short
Vest EWY-USD-PERP−0.0026%1h185.78−0.134%$235K25xas long as short
BloFin EWY-USDT−0.0017%8h186.13+0.054%$48K$218K50xas long as short
Aster EWYUSDT0.0000%8h186.17+0.074%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.02−0.005%$240K$916K10xas long as short
Binance EWYUSDT0.0000%8h186.07+0.021%$26.9M$82.5M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.030.000%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h186.11+0.043%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h186.06+0.016%$7.8M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h185.98−0.025%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.96−0.037%$729K$423K10xas long as short
SunX EWY-USDTlong0.0000%8h186.03long leg$2.4M20x
HTX EWY-USDT0.0000%8h186.11+0.043%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.07+0.022%$1.6M$36K10xas long as short
Lighter EWY+0.0032%1h185.90−0.070%$377K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.07+0.022%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.91−0.065%$6.3M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h185.93−0.054%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.91−0.065%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.05+0.011%$742$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.80−0.124%$234K$334K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.03+0.002%$225xas long as short
Bybit EWYUSDT+0.0083%8h186.11+0.043%$4.9M$4.8M100xas long as short
KuCoin EWYUSDTM+0.0100%8h185.97−0.032%$957K$614K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.89−0.075%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.08+0.027%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTXshort+0.0112%1h186.01−0.011%$516K$250K20x
Deribit EWY_USDC-PERPETUAL+0.0180%1h186.01−0.011%$3K$15K20xas long as short
edgeX EWYUSDC+0.0672%4h185.88−0.080%$417K$285K20xas long as short