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: Phemex against SunX+0.058%7-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 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.058%, 7d avg +0.031%
Together, before fees−0.030%−$3 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: Phemex is 0.027% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT189.730get 0.0000% / 8h3h 42m$2.5M20x
ShortPhemex EWYUSDT189.840get 0.0000% / 8h3h 42m$1.7M$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.058% → +0.031%
$2.72
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$17.28
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 5 min ago; Phemex: live order book, 1 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, 5 min ago500.14 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago1.32 bp48.7 bp −$49doesn'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
Hotstuff EWY-PERP−0.0040%1h189.72−0.005%$28K$12K20xas long as short
Aster EWYUSDT0.0000%8h189.77+0.021%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.81+0.042%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.86+0.069%$4.1M$3.4M50xas long as short
Gate EWY_USDT0.0000%8h189.85+0.063%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.83+0.053%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.81+0.043%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68−0.025%$750K$397K10xas long as short
SunX EWY-USDTlong0.0000%8h189.73long leg$2.5M20x
HTX EWY-USDT0.0000%8h190.08+0.184%$22K$35K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex EWYUSDTshort0.0000%8h189.84+0.058%$1.7M$37K10x
BloFin EWY-USDT+0.0015%8h189.82+0.047%$47K$213K50xas long as short
Binance EWYUSDT+0.0028%8h189.79+0.032%$27.7M$76.5M50xas long as short
MEXC EWY_USDT+0.0031%8h189.74+0.005%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.63−0.053%$384K$39K20xas long as short
Extended EWY_24_5-USD+0.0032%1h189.67−0.034%$301K$670K10xas long as short
Vest EWY-USD-PERP+0.0046%1h189.82+0.047%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.86+0.069%$198K$146K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.053%$530K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.68−0.026%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.72−0.005%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.66−0.037%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.78+0.026%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.63−0.053%$198K$278K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.83+0.055%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.70−0.016%$977K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.70−0.016%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.74+0.005%$2K$1K20xas long as short
edgeX EWYUSDC+0.0169%4h189.93+0.108%$426K$285K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0330%1h189.77+0.021%$2K$13K20xas long as short