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+0.0248%/8h= +27.2% APRpaid last 24h −0.495%
Price spread now: Hotstuff against SunX+0.132%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hotstuff is 0.132% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT189.330get 0.0000% / 8h39m 53s$2.7M20x
ShortHotstuff EWY-PERP189.580.0248get 0.0031% / 1h39m 53s$28K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$52.08
Price spread: +0.132% → 0.000%
$13.2
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$52.28
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: SunX: live order book, 7 min ago; Hotstuff: 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 SunX live order book, 7 min ago500.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
Gate EWY_USDT0.0000%8h189.57+0.127%$3.2M$2.7M50xas long as short
SunX EWY-USDTlong0.0000%8h189.33long leg$2.7M20x
Phemex EWYUSDT0.0000%8h189.60+0.143%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.48+0.079%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.63+0.158%$217K25xas long as short
Entropy io:EWY+0.0050%1h189.50+0.090%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.47+0.074%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.59+0.137%$772$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.49+0.085%$230K$193K10xas long as short
Popdex EWYUSDT+0.0088%1h189.64+0.164%$195K$138K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.57+0.127%$965K$705K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.41+0.042%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.60+0.143%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.58+0.132%$527K$339K20xas long as short
Bybit EWYUSDT+0.0147%8h189.71+0.201%$5.3M$4.2M100xas long as short
Paradex EWY-USD-PERP+0.0151%8h189.69+0.189%$235xas long as short
tradeXYZ xyz:EWY+0.0178%1h189.59+0.137%$6.3M$14.8M20xas long as short
Bitget EWYUSDT+0.0207%8h189.65+0.169%$2.6M$1.6M20xas long as short
HTX EWY-USDT+0.0210%8h189.67+0.180%$36K$8K20xas long as short
Hotstuff EWY-PERPshort+0.0248%1h189.58+0.132%$28K$12K20x
OKX EWY-USDT-SWAP+0.0296%8h189.65+0.169%$4.0M$4.1M50xas long as short
Aster EWYUSDT+0.0523%8h189.53+0.106%$294K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0542%1h189.65+0.169%$2K$13K20xas long as short
Variational Omni EWY+0.0609%8h189.57+0.127%$1.5M$983Kas long as short
edgeX EWYUSDC+0.0613%4h189.67+0.177%$425K$276K20xas long as short
Extended EWY_24_5-USD+0.0640%1h189.59+0.136%$304K$392K10xas long as short
MEXC EWY_USDT+0.0641%8h189.61+0.148%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0643%8h189.62+0.153%$28.5M$79.9M50xas long as short
BloFin EWY-USDT+0.0644%8h189.60+0.143%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0646%8h189.59+0.137%$750K$399K10xas long as short