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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: tradeXYZ against SunX+0.016%7-day average −0.057% · 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+0.137%+$14 on $10k
Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.016%, 7d avg −0.057%
Together, before fees+0.115%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.073% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT189.780get 0.0000% / 8h6h 14m$2.6M20x
ShorttradeXYZ xyz:EWY189.810.0050get 0.0006% / 1h14m 57s$6.2M$14.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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: +0.016% → −0.057%
$7.26
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$8.24
Costs to cover
0.260%
Break-even
12.5 days
Slippage unknown: SunX: live order book, 2 min ago; tradeXYZ: live order book, 4 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, 2 min ago500.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.53 bp10.6 bp −$1111.8 bp −$118doesn't fitdoesn't fit

EWY on 29 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%8h189.88+0.053%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.80+0.011%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.59−0.098%$749K$389K10xas long as short
SunX EWY-USDTlong0.0000%8h189.78long leg$2.6M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h189.75−0.016%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h189.780.000%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.80+0.011%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.66−0.063%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.97+0.100%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.780.000%$197K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.116%$529K$330K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h189.81+0.016%$6.2M$14.0M20x
Entropy io:EWY+0.0050%1h189.71−0.037%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.70−0.042%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.81+0.016%$714$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.64−0.074%$198K$272K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h189.83+0.024%$235xas long as short
Hotstuff EWY-PERP+0.0080%1h189.77−0.005%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.69−0.047%$977K$631K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.61−0.090%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.84+0.032%$2K$1K20xas long as short
Bitget EWYUSDT+0.0102%8h189.85+0.037%$2.8M$1.9M20xas long as short
OKX EWY-USDT-SWAP+0.0179%8h189.88+0.053%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0328%8h189.85+0.037%$294K$12K20xas long as short
Variational Omni EWY+0.0399%8h189.76−0.011%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0423%8h189.83+0.026%$28.3M$77.5M50xas long as short
Extended EWY_24_5-USD+0.0424%1h189.82+0.023%$302K$665K10xas long as short
MEXC EWY_USDT+0.0426%8h189.89+0.058%$7.0M$4.2M100xas long as short
edgeX EWYUSDC+0.0859%4h189.61−0.088%$425K$283K20xas long as short