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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.018%
Price spread now: Entropy against SunX−0.091%7-day average −0.018% · 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 4 days (all we have)+0.192%+$19 on $10k
Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.091%, 7d avg −0.018%
Together, before fees+0.267%+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 0.073% cheaper against SunX than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.018%). If the spread goes back, that is −$7 on $10k: about 4.9 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.192% in total) that is about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT186.100get 0.0000% / 8h7h 47m$2.4M20x
ShortEntropy io:EWY185.930.0050get 0.0006% / 1h47m 20s$141K$120K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$10.5
Price spread: −0.091% → −0.018%
−$7.34
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$22.84
Costs to cover
0.260%
Break-even
22.2 days
Slippage unknown: SunX: live order book, 10 min ago; Entropy: live order book, 10 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 ago500.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Entropy live order book, 10 min ago10.21 bp30.0 bp −$30128.2 bp −$1,282doesn'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−0.0572%8h186.01−0.048%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0026%1h185.71−0.210%$235K25xas long as short
Aster EWYUSDT0.0000%8h186.08−0.010%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.93−0.089%$240K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.98−0.065%$26.9M$82.5M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.96−0.075%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h186.06−0.021%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.97−0.070%$7.8M$4.4M100xas long as short
Variational Omni EWY0.0000%8h185.98−0.062%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.12+0.013%$729K$424K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDTlong0.0000%8h186.10long leg$2.4M20x
HTX EWY-USDT0.0000%8h186.11+0.005%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.98−0.064%$1.6M$36K10xas long as short
BloFin EWY-USDT+0.0013%8h186.00−0.054%$48K$218K50xas long as short
Lighter EWY+0.0032%1h185.78−0.172%$377K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.00−0.054%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.79−0.167%$6.3M$14.8M20xas long as short
Entropy io:EWYshort+0.0050%1h185.93−0.091%$141K$120K25x
Polymarket Perps EWY-USD+0.0050%1h185.77−0.177%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.94−0.086%$742$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.95−0.081%$234K$335K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h185.93−0.094%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h185.90−0.107%$957K$614K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.99−0.059%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.00−0.054%$2K$1K20xas long as short
Bybit EWYUSDT+0.0101%8h186.02−0.043%$4.9M$4.8M100xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.78−0.172%$516K$250K20xas long as short
edgeX EWYUSDC+0.0122%4h186.01−0.051%$417K$286K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0181%1h185.91−0.102%$3K$15K20xas long as short
Hotstuff EWY-PERP+0.0304%1h185.95−0.081%$28K$15K20xas long as short