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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: tradeXYZ against SoDEX−0.021%52s7-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 fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.021% cheaper against SoDEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX EWY-USD190.460.0050pay 0.0006% / 1h0m 27s$745$4K10x
ShorttradeXYZ xyz:EWY190.420.0050get 0.0006% / 1h0m 27s$6.1M$13.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$0
Price spread: −0.021% → 0.000%
−$2.1
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$28.1
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago0.52 bp10.0 bp −$1011.8 bp −$118doesn'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 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
Hotstuff EWY-PERP−0.0168%1h190.41−0.026%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.54+0.042%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.52+0.032%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.43−0.016%$753K$393K10xas long as short
SunX EWY-USDT0.0000%8h190.39−0.037%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.39−0.037%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.39−0.037%$531K$311K20xas long as short
HTX EWY-USDT0.0000%8h190.53+0.037%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.48+0.011%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.32−0.074%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.60+0.074%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.50+0.021%$198K$146K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h190.42−0.021%$6.1M$13.9M20x
Entropy io:EWY+0.0050%1h190.32−0.074%$51K$56K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.30−0.084%$4K$12620xas long as short
SoDEX EWY-USDlong+0.0050%1h190.46long leg$745$4K10x
Ondo Perps EWY-USD.P+0.0050%1h190.31−0.079%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h190.46−0.001%$235xas long as short
Bitget EWYUSDT+0.0062%8h190.45−0.005%$2.7M$2.0M20xas long as short
OKX EWY-USDT-SWAP+0.0093%8h190.460.000%$4.1M$3.5M50xas long as short
KuCoin EWYUSDTM+0.0100%8h190.41−0.026%$982K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.45−0.005%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.53+0.037%$2K$1K20xas long as short
Aster EWYUSDT+0.0142%8h190.45−0.003%$295K$12K20xas long as short
edgeX EWYUSDC+0.0164%4h190.41−0.025%$427K$284K20xas long as short
Variational Omni EWY+0.0179%8h190.44−0.013%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0196%8h190.47+0.005%$48K$214K50xas long as short
Extended EWY_24_5-USD+0.0216%1h190.41−0.026%$304K$663K10xas long as short
Binance EWYUSDT+0.0217%8h190.54+0.042%$28.5M$76.8M50xas long as short
MEXC EWY_USDT+0.0219%8h190.49+0.016%$6.5M$4.2M100xas long as short