Funding arb · Price arb /

EWZ

RWAall EWZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bitget−0.029%60s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EWZUSDT	37.961	0	get 0.0000% / 8h	4h 50m	$75K	$25K	20x
Short	SunX EWZ-USDT	37.950	0	get 0.0000% / 8h	4h 50m	$1K	$478K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee SunXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $0
Price spread: −0.029% → 0.000%: −$2.9
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$22.9
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: no order-book sample; SunX: live order book, 44 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget no order-book sample	—	—	—	—	—
Sell SunX live order book, 44 min ago	46.17 bp	107.2 bp −$107	doesn't fit	doesn't fit	doesn't fit

Bitget: 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.

EWZ on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EWZUSDT	0.0000%	8h	37.968	+0.018%	$9K	$30	20x	as long as short
Binance EWZUSDT	0.0000%	8h	37.970	+0.024%	$295K	$261K	20x	as long as short
Bybit EWZUSDT	0.0000%	8h	37.970	+0.024%	$326K	$15K	25x	as long as short
OKX EWZ-USDT-SWAP	0.0000%	8h	37.930	−0.082%	$126K	$40K	20x	as long as short
Gate EWZ_USDT	0.0000%	8h	37.960	−0.003%	$61K	$5K	20x	as long as short
MEXC EWZ_USDT	0.0000%	8h	37.960	−0.003%	$722K	$80K	50x	as long as short
Bitget EWZUSDTlong	0.0000%	8h	37.961	long leg	$75K	$25K	20x
Variational Omni EWZ	0.0000%	8h	37.945	−0.042%	$49K	$33K	—	as long as short
GRVT EWZ_USDT_Perp	0.0000%	8h	37.977	+0.041%	$590	$113K	10x	as long as short
SunX EWZ-USDTshort	0.0000%	8h	37.950	−0.029%	$1K	$478K	10x

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX EWZ-USDT	0.0000%	8h	37.930	−0.082%	$5K	$7K	10x	as long as short
KuCoin EWZUSDTM	+0.0100%	8h	37.960	−0.003%	$39K	$661K	20x	as long as short
tradeXYZ xyz:EWZ	+0.0633%	1h	37.948	−0.034%	$593K	$82K	20x	as long as short