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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%
Price spread now: SunX against Popdex−0.005%7-day average −0.027% · 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 4 days (all we have)−0.056%−$6 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.005%, 7d avg −0.027%
Together, before fees−0.122%−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.022% dearer against Popdex than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.027%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT190.570.0048pay 0.0006% / 1h7m 46s$198K$146K20x
ShortSunX EWY-USDT190.560get 0.0000% / 8h4h 07m$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Popdex. 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
−$10.08
Price spread: −0.005% → −0.027%
$2.22
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$22.26
Costs to cover
0.144%
Break-even
never at this rate
Slippage unknown: Popdex: live order book, 51 min ago; SunX: live order book, 9 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 Popdex live order book, 51 min ago0.52 bp5.1 bp −$510.7 bp −$107doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago500.30 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
Bybit EWYUSDT0.0000%8h190.54−0.016%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.570.000%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.66+0.046%$754K$396K10xas long as short
SunX EWY-USDTshort0.0000%8h190.56−0.005%$2.5M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h190.54−0.016%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.079%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.56−0.005%$1.7M$37K10xas long as short
Aster EWYUSDT+0.0010%8h190.62+0.025%$296K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0014%8h190.50−0.037%$4.1M$3.3M50xas long as short
Lighter EWY+0.0032%1h190.48−0.047%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.58+0.005%$532K$297K20xas long as short
Bitget EWYUSDT+0.0044%8h190.59+0.010%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.76+0.100%$220K25xas long as short
Hotstuff EWY-PERP+0.0048%1h190.55−0.010%$29K$12K20xas long as short
Popdex EWYUSDTlong+0.0048%1h190.57long leg$198K$146K20x
tradeXYZ xyz:EWY+0.0050%1h190.45−0.063%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h190.53−0.021%$30K$66K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.38−0.100%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.56−0.005%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.43−0.073%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0052%8h190.54−0.014%$235xas long as short
Variational Omni EWY+0.0054%8h190.62+0.026%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0087%8h190.54−0.018%$28.1M$76.5M50xas long as short
Extended EWY_24_5-USD+0.0088%1h190.49−0.041%$301K$669K10xas long as short
MEXC EWY_USDT+0.0090%8h190.51−0.031%$6.5M$3.9M100xas long as short
BloFin EWY-USDT+0.0094%8h190.61+0.021%$48K$214K50xas long as short
KuCoin EWYUSDTM+0.0100%8h190.53−0.021%$982K$617K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.56−0.005%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.59+0.010%$2K$1K20xas long as short
edgeX EWYUSDC+0.0824%4h190.63+0.030%$427K$283K20xas long as short