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

EWT

RWAall EWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.008%
Price spread now: tradeXYZ against SunX−0.035%7-day average −0.004% · you buy dearer than you sell
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+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.035%, 7d avg −0.004%
Together, before fees+0.078%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.031% cheaper against SunX than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.004%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.011% in total) that is about 20 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWT-USDT114.440get 0.0000% / 8h1h 38m$886$328K10x
ShorttradeXYZ xyz:EWT114.400.0050get 0.0006% / 1h38m 09s$712K$204K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.035% → −0.004%
−$3.09
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$18.59
Costs to cover
0.260%
Break-even
19.4 days
Slippage unknown: SunX: live order book, 23 min ago; tradeXYZ: live order book, 28 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, 23 min ago46.64 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 28 min ago4.80 bp21.8 bp −$22doesn't fitdoesn't fitdoesn'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
Aster EWTUSDT0.0000%8h114.44+0.002%$3K$7620xas long as short
Binance EWTUSDT0.0000%8h114.44−0.003%$466K$858K20xas long as short
Bybit EWTUSDT0.0000%8h114.49+0.044%$219K$72K25xas long as short
OKX EWT-USDT-SWAP0.0000%8h114.59+0.131%$172K$165K20xas long as short
Gate EWT_USDT0.0000%8h114.51+0.061%$43K$2K25xas long as short
MEXC EWT_USDT0.0000%8h114.440.000%$2.4M$87K50xas long as short
Bitget EWTUSDT0.0000%8h114.47+0.026%$1.2M$474K20xas long as short
Variational Omni EWT0.0000%8h114.44+0.004%$56K$14Kas long as short
GRVT EWT_USDT_Perp0.0000%8h114.50+0.055%$3K$169K10xas long as short
SunX EWT-USDTlong0.0000%8h114.44long leg$886$328K10x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EWT-USDT0.0000%8h114.27−0.149%$15K$8K10xas long as short
tradeXYZ xyz:EWTshort+0.0050%1h114.40−0.035%$712K$204K20x