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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.015%
Price spread now: SunX against Coinbase International−0.069%7-day average +0.051% · you buy dearer than you sell
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−0.163%−$16 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.069%, 7d avg +0.051%
Together, before fees−0.085%−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.120% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EWY-PERP-INTX188.450.0128pay 0.0016% / 1h3m 53s$523K$245K20x
ShortSunX EWY-USDT188.320get 0.0000% / 8h6h 03m$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Coinbase International. 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
−$26.88
Price spread: −0.069% → +0.051%
−$11.97
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$56.85
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 47 min ago; SunX: live order book, 6 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 Coinbase International live order book, 47 min ago4.54 bp9.5 bp −$1011.7 bp −$117doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago498.92 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

EWY on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−4.7704%1h187.82−0.334%$28K$16K20xas long as short
Bitget EWYUSDT−0.0031%8h188.36−0.048%$3.1M$3.1M20xas long as short
Bybit EWYUSDT0.0000%8h188.39−0.032%$5.0M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.34−0.058%$4.0M$4.8M50xas long as short
SunX EWY-USDTshort0.0000%8h188.32−0.069%$1.8M20x
Phemex EWYUSDT0.0000%8h188.53+0.042%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.35−0.053%$382K$45K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.85+0.212%$215K25xas long as short
Popdex EWYUSDT+0.0048%1h188.61+0.085%$200K$165K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.23−0.117%$5.8M$15.3M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.38−0.037%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.70+0.133%$4K$5K20xas long as short
SoDEX EWY-USD+0.0050%1h188.53+0.042%$772$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.52+0.037%$227K$313K10xas long as short
Aster EWYUSDT+0.0053%8h188.31−0.077%$292K$14K20xas long as short
Paradex EWY-USD-PERP+0.0056%8h188.75+0.159%$235xas long as short
Gate EWY_USDT+0.0097%8h188.55+0.053%$4.0M$4.7M50xas long as short
Variational Omni EWY+0.0100%8h188.82+0.197%$1.1M$931Kas long as short
KuCoin EWYUSDTM+0.0100%8h188.28−0.090%$969K$689K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.04−0.218%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.56+0.058%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTXlong+0.0128%1h188.45long leg$523K$245K20x
MEXC EWY_USDT+0.0133%8h188.43−0.011%$7.2M$4.4M100xas long as short
BloFin EWY-USDT+0.0139%8h188.66+0.111%$48K$232K50xas long as short
Binance EWYUSDT+0.0142%8h188.38−0.037%$26.3M$85.6M50xas long as short
Extended EWY_24_5-USD+0.0144%1h188.40−0.027%$235K$909K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0281%1h188.55+0.053%$3K$13K20xas long as short
HTX EWY-USDT+0.0306%8h188.56+0.058%$22K$36K20xas long as short
edgeX EWYUSDC+0.0611%4h188.11−0.179%$422K$286K20xas long as short
GRVT EWY_USDT_Perp+0.0812%8h188.39−0.031%$739K$407K10xas long as short