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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0674%/8h= +73.8% APRnext payment +$6.74 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against SunX+0.243%55s7-day average +0.031% · you sell dearer than you buy
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+0.210%+$21 on $10k
Price spread, last 3 days (all we have)−0.239%−$24 · spread now +0.243%, 7d avg +0.031%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BloFin is 0.212% dearer against SunX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.031%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.210% in total (about 11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT189.370get 0.0000% / 8h14m 08s$2.7M20x
ShortBloFin EWY-USDT189.830.0674get 0.0674% / 8h14m 08s$47K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$141.48
Price spread: +0.243% → +0.031%
$21.16
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$142.64
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: SunX: live order book, 3 min ago; BloFin: live order book, 56 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 SunX live order book, 3 min ago500.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 56 min ago0.26 bp6.6 bp −$78.8 bp −$8816.7 bp −$1,670doesn'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
Gate EWY_USDT0.0000%8h189.56+0.100%$3.6M$3.1M50xas long as short
SunX EWY-USDTlong0.0000%8h189.37long leg$2.7M20x
Phemex EWYUSDT0.0000%8h189.51+0.074%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.43+0.032%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.78+0.217%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.63+0.137%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.64+0.143%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.42+0.026%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.56+0.100%$775$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.65+0.148%$243K$199K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.62+0.132%$966K$687K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.88+0.269%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.53+0.084%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0134%8h189.82+0.240%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.48+0.058%$527K$342K20xas long as short
tradeXYZ xyz:EWY+0.0145%1h189.370.000%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0171%8h189.54+0.090%$5.2M$4.1M100xas long as short
Bitget EWYUSDT+0.0224%8h189.45+0.042%$2.6M$1.5M20xas long as short
HTX EWY-USDT+0.0225%8h189.99+0.327%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0320%1h189.62+0.132%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0326%8h189.52+0.079%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0436%1h189.59+0.116%$2K$13K20xas long as short
Aster EWYUSDT+0.0566%8h189.52+0.081%$294K$12K20xas long as short
Variational Omni EWY+0.0661%8h189.82+0.236%$1.5M$972Kas long as short
GRVT EWY_USDT_Perp+0.0661%8h189.90+0.282%$751K$395K10xas long as short
BloFin EWY-USDTshort+0.0674%8h189.83+0.243%$47K$214K50x
MEXC EWY_USDT+0.0692%8h189.46+0.048%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0694%8h189.48+0.058%$28.5M$79.2M50xas long as short
Extended EWY_24_5-USD+0.0696%1h189.51+0.077%$298K$396K10xas long as short
edgeX EWYUSDC+0.0771%4h189.89+0.273%$425K$276K20xas long as short