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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0272%/8h= +29.8% APRpaid last 24h −0.491%
Price spread now: Hotstuff against SunX+0.138%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hotstuff is 0.138% dearer against SunX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT188.820get 0.0000% / 8h1h 31m$2.7M20x
ShortHotstuff EWY-PERP189.080.0272get 0.0034% / 1h31m 37s$28K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$57.12
Price spread: +0.138% → 0.000%
$13.77
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$57.89
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: SunX: live order book, 6 min ago; Hotstuff: no order-book sample. 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, 6 min ago499.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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%8h189.11+0.154%$3.2M$2.8M50xas long as short
SunX EWY-USDTlong0.0000%8h188.82long leg$2.7M20x
Phemex EWYUSDT0.0000%8h189.12+0.159%$1.7M$37K10xas long as short
Bybit EWYUSDT+0.0028%8h189.24+0.222%$5.2M$4.1M100xas long as short
Lighter EWY+0.0032%1h189.00+0.095%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.13+0.164%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.13+0.164%$194K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.07+0.132%$6.4M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h188.99+0.090%$49K$36K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.94+0.064%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h189.10+0.148%$781$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.92+0.053%$221K$181K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.08+0.138%$959K$726K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.16+0.180%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.11+0.154%$2K$1K20xas long as short
edgeX EWYUSDC+0.0116%4h189.11+0.151%$424K$274K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.19+0.196%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0140%8h189.27+0.238%$235xas long as short
Bitget EWYUSDT+0.0162%8h189.16+0.180%$2.5M$1.4M20xas long as short
HTX EWY-USDT+0.0186%8h189.21+0.207%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0218%8h189.18+0.191%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0226%1h189.13+0.164%$2K$13K20xas long as short
Hotstuff EWY-PERPshort+0.0272%1h189.08+0.138%$28K$12K20x
Aster EWYUSDT+0.0449%8h188.97+0.080%$293K$12K20xas long as short
Variational Omni EWY+0.0491%8h189.10+0.150%$1.4M$899Kas long as short
BloFin EWY-USDT+0.0517%8h189.18+0.191%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0544%1h189.09+0.143%$304K$403K10xas long as short
MEXC EWY_USDT+0.0547%8h189.12+0.159%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0552%8h189.12+0.161%$28.5M$79.5M50xas long as short
GRVT EWY_USDT_Perp+0.0636%8h189.14+0.170%$748K$401K10xas long as short