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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.028%
Price spread now: Deribit against SoDEX+0.053%7-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 4 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 +$5 a day on $10k at the current rate, and Deribit is 0.053% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX EWY-USD188.530.0050pay 0.0006% / 1h44m 09s$776$3K10x
ShortDeribit EWY_USDC-PERPETUAL188.630.0227get 0.0028% / 1h44m 09s$3K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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
$37.24
Price spread: +0.053% → 0.000%
$5.3
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$27.55
Costs to cover
0.150%
Break-even
1.8 days
Slippage unknown: SoDEX: no order-book sample; Deribit: 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 SoDEX no order-book sample
Sell Deribit no order-book sample
SoDEX and Deribit: 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 exchanges

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−8.0000%1h188.21−0.170%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.63+0.053%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.62+0.048%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.65+0.064%$3.1M$3.1M20xas long as short
SunX EWY-USDT0.0000%8h188.21−0.170%$1.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.65+0.064%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.46−0.037%$382K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.58+0.027%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.54+0.005%$201K$167K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.48−0.027%$5.9M$15.5M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.57+0.021%$143K$118K25xas long as short
SoDEX EWY-USDlong+0.0050%1h188.53long leg$776$3K10x
Ondo Perps EWY-USD.P+0.0050%1h188.43−0.053%$226K$316K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h188.63+0.055%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.48−0.027%$523K$252K20xas long as short
edgeX EWYUSDC+0.0089%4h188.82+0.153%$423K$290K20xas long as short
Gate EWY_USDT+0.0092%8h188.67+0.074%$4.0M$4.8M50xas long as short
KuCoin EWYUSDTM+0.0100%8h188.41−0.064%$970K$706K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.84+0.164%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.59+0.032%$2K$1K20xas long as short
Polymarket Perps EWY-USD+0.0104%1h188.67+0.074%$4K$7K20xas long as short
Aster EWYUSDT+0.0146%8h188.49−0.021%$292K$14K20xas long as short
Variational Omni EWY+0.0205%8h188.62+0.046%$1.1M$941Kas long as short
Deribit EWY_USDC-PERPETUALshort+0.0227%1h188.63+0.053%$3K$13K20x
MEXC EWY_USDT+0.0236%8h188.62+0.048%$7.4M$4.3M100xas long as short
Binance EWYUSDT+0.0245%8h188.62+0.048%$26.2M$86.6M50xas long as short
Extended EWY_24_5-USD+0.0248%1h188.55+0.010%$247K$935K10xas long as short
BloFin EWY-USDT+0.0250%8h188.62+0.048%$48K$237K50xas long as short
HTX EWY-USDT+0.0417%8h188.94+0.217%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.0912%8h188.84+0.166%$740K$408K10xas long as short