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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SoDEX against Orderly−0.005%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EWY_USDC_mythos188.340.0100pay 0.0100% / 8h2h 09m$2K$1K20x
ShortSoDEX EWY-USD188.330.0050get 0.0006% / 1h9m 28s$733$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Orderly. 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: −0.005% → 0.000%
−$0.53
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$25.03
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SoDEX: no order-book sample. 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 Orderly no order-book sample
Sell SoDEX no order-book sample
Orderly and SoDEX: 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.

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−0.0157%8h188.45+0.058%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0021%8h188.36+0.011%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h188.49+0.078%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.45+0.057%$240K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.46+0.064%$27.4M$81.1M50xas long as short
Bybit EWYUSDT0.0000%8h188.47+0.069%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.39+0.027%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.53+0.101%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.53+0.101%$8.9M$4.2M100xas long as short
Variational Omni EWY0.0000%8h188.31−0.015%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h188.35+0.004%$744K$426K10xas long as short
SunX EWY-USDT0.0000%8h188.340.000%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.11−0.122%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.35+0.005%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.31−0.016%$382K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.91−0.228%$523K$278K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.19−0.080%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.51+0.090%$198K$151K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.38+0.021%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h188.13−0.112%$125K$111K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.27−0.037%$4K$12620xas long as short
SoDEX EWY-USDshort+0.0050%1h188.33−0.005%$733$4K10x
Ondo Perps EWY-USD.P+0.0050%1h188.17−0.090%$216K$318K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h188.50+0.084%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0069%1h188.35+0.005%$2K$14K20xas long as short
Hotstuff EWY-PERP+0.0072%1h188.340.000%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.23−0.058%$969K$598K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.37+0.016%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h188.34long leg$2K$1K20x
edgeX EWYUSDC+0.0835%4h188.30−0.024%$422K$284K20xas long as short