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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.055%
Price spread now: SoDEX against Binance+0.075%55s7-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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.075% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT189.640.0028pay 0.0028% / 8h3h 41m$27.7M$76.6M50x
ShortSoDEX EWY-USD189.780.0050get 0.0006% / 1h41m 28s$751$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. 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
$4.65
Price spread: +0.075% → 0.000%
$7.54
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$5.81
Costs to cover
0.180%
Break-even
15.7 days
Slippage unknown: Binance: live order book, 16 min ago; SoDEX: 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 Binance live order book, 16 min ago0.26 bp5.3 bp −$56.6 bp −$6619.1 bp −$1,905doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Aster EWYUSDT0.0000%8h189.63−0.003%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.69+0.028%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.67+0.017%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h189.68+0.023%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.69+0.028%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.81+0.092%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68+0.024%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.73+0.049%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.234%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.84+0.107%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EWY-USDT+0.0015%8h189.82+0.097%$47K$213K50xas long as short
Binance EWYUSDTlong+0.0028%8h189.64long leg$27.7M$76.6M50x
MEXC EWY_USDT+0.0028%8h189.64+0.002%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.54−0.051%$384K$39K20xas long as short
Extended EWY_24_5-USD+0.0032%1h189.59−0.025%$301K$670K10xas long as short
Vest EWY-USD-PERP+0.0046%1h189.71+0.039%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.64+0.002%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.102%$530K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.56−0.041%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.64+0.002%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.46−0.093%$4K$12620xas long as short
SoDEX EWY-USDshort+0.0050%1h189.78+0.075%$751$4K10x
Ondo Perps EWY-USD.P+0.0050%1h189.70+0.033%$209K$278K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.69+0.027%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.58−0.030%$976K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.85+0.112%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.60−0.019%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0330%1h189.77+0.070%$2K$13K20xas long as short
edgeX EWYUSDC+0.0380%4h189.74+0.057%$426K$283K20xas long as short
Hotstuff EWY-PERP+0.0392%1h189.61−0.014%$28K$12K20xas long as short