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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against Orderly−0.068%7-day average · 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 5 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.068% cheaper against Orderly than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EWY_USDC_mythos190.560.0100pay 0.0100% / 8h7h 23m$2K$1K20x
ShortSunX EWY-USDT190.430get 0.0000% / 8h7h 23m$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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
−$21
Price spread: −0.068% → 0.000%
−$6.82
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$41.82
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 4 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 Orderly no order-book sample
Sell SunX live order book, 4 min ago499.96 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Orderly: 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
Deribit EWY_USDC-PERPETUAL−0.0169%1h190.64+0.042%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h190.60+0.021%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.60+0.021%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.78+0.117%$755K$384K10xas long as short
SunX EWY-USDTshort0.0000%8h190.43−0.068%$2.6M20x
HTX EWY-USDT0.0000%8h190.80+0.126%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h190.48−0.042%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.38−0.094%$379K$56K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.81+0.131%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.59+0.016%$195K$142K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h190.52−0.021%$6.2M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h190.38−0.094%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.39−0.089%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.48−0.042%$447$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.64+0.042%$230K$233K10xas long as short
Paradex EWY-USD-PERP+0.0081%8h190.54−0.008%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.38−0.094%$981K$664K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.62+0.031%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h190.56long leg$2K$1K20x
Coinbase International EWY-PERP-INTX+0.0144%1h190.67+0.058%$532K$341K20xas long as short
OKX EWY-USDT-SWAP+0.0293%8h190.60+0.021%$4.2M$3.6M50xas long as short
Bitget EWYUSDT+0.0376%8h190.59+0.016%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0500%8h190.57+0.004%$295K$12K20xas long as short
Variational Omni EWY+0.0592%8h190.74+0.096%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0597%8h190.76+0.105%$47K$215K50xas long as short
Extended EWY_24_5-USD+0.0616%1h190.55−0.003%$304K$717K10xas long as short
Binance EWYUSDT+0.0619%8h190.54−0.011%$28.6M$78.0M50xas long as short
MEXC EWY_USDT+0.0619%8h190.57+0.005%$7.4M$4.5M100xas long as short
Hotstuff EWY-PERP+0.0680%1h190.47−0.047%$29K$12K20xas long as short
edgeX EWYUSDC+0.0885%4h190.60+0.023%$427K$281K20xas long as short