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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0401%/8h= +43.9% APRnext payment +$4.01 per $10,000 · paid last 24h +0.012%
Price spread now: MEXC against SunX+0.148%7-day average +0.023% · 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+0.206%+$21 on $10k
Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.148%, 7d avg +0.023%
Together, before fees+0.113%+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and MEXC is 0.125% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.206% in total (about 10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT188.580get 0.0000% / 8h2h 00m$2.7M20x
ShortMEXC EWY_USDT188.860.0401get 0.0401% / 8h2h 00m$7.5M$4.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$84.21
Price spread: +0.148% → +0.023%
$12.53
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
$88.74
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 7 min ago; MEXC: live order book, 2 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, 7 min ago500.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.26 bp0.3 bp $01.2 bp −$126.6 bp −$664190.8 bp −$95.4K

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 EWYUSDT0.0000%8h188.96+0.202%$5.6M$3.5M100xas long as short
Gate EWY_USDT0.0000%8h188.86+0.148%$3.2M$2.8M50xas long as short
SunX EWY-USDTlong0.0000%8h188.58long leg$2.7M20x
Phemex EWYUSDT0.0000%8h188.88+0.159%$1.7M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0015%1h188.88+0.159%$2K$13K20xas long as short
Lighter EWY+0.0032%1h188.77+0.101%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.80+0.117%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.87+0.154%$193K$139K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.80+0.117%$6.4M$14.9M20xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.69+0.058%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h188.84+0.138%$777$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.65+0.037%$221K$181K10xas long as short
HTX EWY-USDT+0.0072%8h188.92+0.180%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0080%1h188.79+0.111%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.84+0.138%$957K$724K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.82+0.127%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.86+0.148%$2K$1K20xas long as short
Entropy io:EWY+0.0107%1h188.80+0.117%$49K$36K25xas long as short
Bitget EWYUSDT+0.0113%8h188.89+0.164%$2.5M$1.4M20xas long as short
Paradex EWY-USD-PERP+0.0115%8h189.01+0.229%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.92+0.180%$524K$327K20xas long as short
OKX EWY-USDT-SWAP+0.0166%8h188.91+0.175%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0314%8h188.70+0.064%$293K$12K20xas long as short
Variational Omni EWY+0.0358%8h188.86+0.148%$1.4M$899Kas long as short
MEXC EWY_USDTshort+0.0401%8h188.86+0.148%$7.5M$4.6M100x
Binance EWYUSDT+0.0404%8h188.87+0.153%$28.3M$79.6M50xas long as short
Extended EWY_24_5-USD+0.0408%1h188.85+0.142%$304K$410K10xas long as short
BloFin EWY-USDT+0.0410%8h188.86+0.148%$47K$213K50xas long as short
GRVT EWY_USDT_Perp+0.0510%8h188.82+0.129%$747K$410K10xas long as short
edgeX EWYUSDC+0.0794%4h188.83+0.131%$423K$275K20xas long as short