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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX+0.005%7-day average −0.028% · 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+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.005%, 7d avg −0.028%
Together, before fees+0.192%+$19 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 KuCoin is 0.033% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT186.880get 0.0000% / 8h37m 06s$2.4M20x
ShortKuCoin EWYUSDTM186.890.0100get 0.0100% / 8h37m 06s$962K$603K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.005% → −0.028%
$3.29
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$4.29
Costs to cover
0.200%
Break-even
5.6 days
Slippage unknown: SunX: live order book, 10 min ago; KuCoin: live order book, 57 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 KuCoin live order book, 57 min ago6.67 bp84.7 bp −$85doesn't fitdoesn'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−0.0422%8h187.16+0.150%$2.8M$2.5M20xas long as short
BloFin EWY-USDT−0.0004%8h187.06+0.096%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h187.01+0.071%$290K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.98+0.053%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h187.04+0.086%$27.2M$82.8M50xas long as short
Bybit EWYUSDT0.0000%8h187.07+0.102%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.99+0.059%$4.1M$4.7M50xas long as short
Hotstuff EWY-PERP0.0000%1h186.96+0.043%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h187.08+0.107%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.01+0.070%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.26+0.203%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.15+0.145%$740K$416K10xas long as short
SunX EWY-USDTlong0.0000%8h186.88long leg$2.4M20x
HTX EWY-USDT0.0000%8h187.17+0.155%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.05+0.091%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0001%1h186.65−0.123%$220K25xas long as short
Lighter EWY+0.0032%1h186.83−0.027%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.08+0.107%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.91+0.016%$6.2M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h186.95+0.037%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.880.000%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h187.00+0.064%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.18+0.161%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h187.06+0.096%$519K$246K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h187.01+0.069%$225xas long as short
KuCoin EWYUSDTMshort+0.0100%8h186.89+0.005%$962K$603K20x
ApeX Omni EWYUSDT+0.0100%1h187.33+0.241%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.96+0.043%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0446%1h186.97+0.048%$2K$14K20xas long as short
edgeX EWYUSDC+0.0509%4h187.13+0.134%$420K$285K20xas long as short