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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: KuCoin against SoDEX−0.074%53s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.074% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.9 days of funding at the current rate (+$2 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX EWY-USD189.810.0050pay 0.0006% / 1h14m 30s$714$4K10x
ShortKuCoin EWYUSDTM189.670.0100get 0.0100% / 8h6h 14m$976K$630K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.5
Price spread: −0.074% → 0.000%
−$7.38
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$16.88
Costs to cover
0.200%
Break-even
18.3 days
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 45 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 SoDEX no order-book sample
Sell KuCoin live order book, 45 min ago9.98 bp202.3 bp −$202doesn't fitdoesn't fitdoesn't fit
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 29 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
Bybit EWYUSDT0.0000%8h189.87+0.032%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.83+0.011%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.59−0.114%$749K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.78−0.016%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.75−0.032%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h189.78−0.016%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.80−0.005%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.71−0.053%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.96+0.079%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.84+0.016%$197K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.132%$529K$330K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.79−0.011%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.71−0.053%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.70−0.058%$4K$12620xas long as short
SoDEX EWY-USDlong+0.0050%1h189.81long leg$714$4K10x
Ondo Perps EWY-USD.P+0.0050%1h189.71−0.053%$198K$272K10xas long as short
Hotstuff EWY-PERP+0.0056%1h189.76−0.026%$28K$12K20xas long as short
Paradex EWY-USD-PERP+0.0056%8h189.82+0.007%$235xas long as short
Bitget EWYUSDT+0.0098%8h189.86+0.026%$2.8M$1.9M20xas long as short
KuCoin EWYUSDTMshort+0.0100%8h189.67−0.074%$976K$630K20x
ApeX Omni EWYUSDT+0.0100%1h189.61−0.105%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.84+0.016%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0179%8h189.92+0.058%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0328%8h189.85+0.023%$294K$12K20xas long as short
Variational Omni EWY+0.0399%8h189.76−0.026%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0421%8h189.85+0.021%$28.3M$77.5M50xas long as short
MEXC EWY_USDT+0.0422%8h189.84+0.016%$7.0M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0424%1h189.81+0.001%$302K$665K10xas long as short
edgeX EWYUSDC+0.0859%4h189.61−0.104%$425K$283K20xas long as short