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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against SunX+0.090%7-day average −0.039% · 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+0.083%+$8 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.090%, 7d avg −0.039%
Together, before fees−0.008%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.130% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT187.940get 0.0000% / 8h5h 27m$1.7M20x
ShortLighter EWY188.110.0032get 0.0004% / 1h27m 00s$381K$44K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.72
Price spread: +0.090% → −0.039%
$12.98
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$11.7
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 3 min ago; Lighter: live order book, 10 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 ago498.60 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 10 min ago2.39 bp5.6 bp −$613.3 bp −$13345.6 bp −$4,564doesn't fit

EWY on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−8.0000%1h188.14+0.106%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.25+0.165%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.23+0.154%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.29+0.186%$3.1M$3.1M20xas long as short
SunX EWY-USDTlong0.0000%8h187.94long leg$1.7M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h188.18+0.128%$3K$12K20xas long as short
Phemex EWYUSDT0.0000%8h188.28+0.181%$1.7M$37K10xas long as short
Lighter EWYshort+0.0032%1h188.11+0.090%$381K$44K20x
Vest EWY-USD-PERP+0.0046%1h188.25+0.165%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.27+0.176%$201K$166K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h188.14+0.106%$5.9M$15.5M20xas long as short
Entropy io:EWY+0.0050%1h188.20+0.138%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.23+0.154%$779$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.20+0.138%$225K$315K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h188.39+0.239%$235xas long as short
Gate EWY_USDT+0.0070%8h188.29+0.186%$4.0M$4.8M50xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.19+0.133%$524K$255K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.11+0.090%$968K$720K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.05+0.059%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.24+0.160%$2K$1K20xas long as short
Polymarket Perps EWY-USD+0.0185%1h188.40+0.245%$4K$7K20xas long as short
Aster EWYUSDT+0.0241%8h188.14+0.104%$291K$14K20xas long as short
Variational Omni EWY+0.0289%8h188.24+0.160%$1.1M$941Kas long as short
BloFin EWY-USDT+0.0301%8h188.23+0.154%$48K$241K50xas long as short
MEXC EWY_USDT+0.0328%8h188.27+0.176%$7.4M$4.4M100xas long as short
Binance EWYUSDT+0.0333%8h188.27+0.174%$26.1M$86.6M50xas long as short
Extended EWY_24_5-USD+0.0336%1h188.20+0.141%$247K$935K10xas long as short
edgeX EWYUSDC+0.0421%4h188.29+0.186%$422K$288K20xas long as short
HTX EWY-USDT+0.0506%8h188.29+0.186%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.0982%8h188.28+0.182%$738K$412K10xas long as short