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

EWT

RWAall EWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0302%/8h= +33.1% APRnext payment +$3.02 per $10,000 · paid last 24h +0.024%
Price spread now: MEXC against SunX0.000%7-day average +0.005% · 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−0.101%−$10 on $10k
Price spread, last 3 days (all we have)+0.009%+$1 · spread now 0.000%, 7d avg +0.005%
Together, before fees−0.092%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.02 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 EWT-USDT116.040get 0.0000% / 8h7h 48m$711$375K10x
ShortMEXC EWT_USDT116.040.0302get 0.0302% / 8h7h 48m$2.4M$96K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$63.42
Price spread: 0.000% → +0.005%
−$0.52
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
$54.9
Costs to cover
0.080%
Break-even
0.9 days
Slippage unknown: SunX: live order book, 2 min ago; MEXC: 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 SunX live order book, 2 min ago46.53 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 9 min ago1.73 bp3.3 bp −$348.0 bp −$480205.5 bp −$20.6Kdoesn't fit

EWT on 12 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
tradeXYZ xyz:EWT−0.0087%1h115.97−0.060%$685K$206K20xas long as short
Aster EWTUSDT0.0000%8h116.06+0.014%$3K$7620xas long as short
Bybit EWTUSDT0.0000%8h116.00−0.034%$223K$146K25xas long as short
OKX EWT-USDT-SWAP0.0000%8h116.10+0.052%$176K$180K20xas long as short
Gate EWT_USDT0.0000%8h116.09+0.043%$44K$4K25xas long as short
Bitget EWTUSDT0.0000%8h116.040.000%$1.3M$527K20xas long as short
GRVT EWT_USDT_Perp0.0000%8h115.98−0.052%$3K$205K10xas long as short
SunX EWT-USDTlong0.0000%8h116.04long leg$711$375K10x
HTX EWT-USDT0.0000%8h115.81−0.198%$16K$8K10xas long as short
Variational Omni EWT+0.0142%8h116.03−0.011%$55K$15Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EWTUSDT+0.0301%8h116.04+0.002%$468K$883K20xas long as short
MEXC EWT_USDTshort+0.0302%8h116.040.000%$2.4M$96K50x