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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Phemex−0.053%7-day average −0.032% · 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 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.053%, 7d avg −0.032%
Together, before fees+0.054%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.022% cheaper against Phemex than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex EWYUSDT186.960get 0.0000% / 8h32m 51s$1.7M$37K10x
ShortSunX EWY-USDT186.860get 0.0000% / 8h32m 51s$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phemex. 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
$0
Price spread: −0.053% → −0.032%
−$2.18
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$22.18
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; SunX: 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 Phemex live order book, 5 min ago0.80 bp58.7 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago500.35 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0438%8h186.98+0.011%$2.9M$2.5M20xas long as short
Vest EWY-USD-PERP−0.0001%1h186.58−0.203%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.99+0.016%$290K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.88−0.041%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.94−0.013%$27.2M$82.9M50xas long as short
Bybit EWYUSDT0.0000%8h186.960.000%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.85−0.059%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.97+0.005%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h186.92−0.021%$8.5M$4.4M100xas long as short
Variational Omni EWY0.0000%8h187.02+0.031%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.00+0.019%$739K$416K10xas long as short
SunX EWY-USDTshort0.0000%8h186.86−0.053%$2.4M20x
HTX EWY-USDT0.0000%8h187.09+0.070%$22K$35K20xas long as short
Phemex EWYUSDTlong0.0000%8h186.96long leg$1.7M$37K10x
BloFin EWY-USDT+0.0005%8h187.03+0.037%$48K$217K50xas long as short
Hotstuff EWY-PERP+0.0024%1h186.86−0.053%$28K$12K20xas long as short
Lighter EWY+0.0032%1h186.75−0.112%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.02+0.032%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.77−0.102%$6.2M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h186.85−0.059%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.82−0.075%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.88−0.043%$748$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.87−0.048%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.93−0.016%$519K$246K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.99+0.014%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.81−0.080%$962K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.86−0.053%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.91−0.027%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0232%1h186.85−0.059%$2K$14K20xas long as short
edgeX EWYUSDC+0.0524%4h187.06+0.054%$419K$285K20xas long as short