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−0.0030%/8h= −3.3% APRnext payment $0.04 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against SoDEX−0.128%48s7-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 airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.128% cheaper against SoDEX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX EWY-USD187.140.0050pay 0.0006% / 1h57m 20s$746$4K10x
ShortVest EWY-USD-PERP186.900.0020get 0.0002% / 1h57m 20s$220K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$6.32
Price spread: −0.128% → 0.000%
−$12.82
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$29.14
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Vest: 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 Vest no order-book sample
SoDEX and Vest: 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
Bitget EWYUSDT−0.0367%8h187.29+0.080%$2.7M$2.3M20xas long as short
tradeXYZ xyz:EWY−0.0029%1h187.07−0.037%$6.2M$14.3M20xas long as short
Aster EWYUSDT0.0000%8h187.25+0.059%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.19+0.028%$238K$584K10xas long as short
Binance EWYUSDT0.0000%8h187.25+0.057%$27.1M$81.5M50xas long as short
Bybit EWYUSDT0.0000%8h187.26+0.064%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.18+0.021%$4.1M$4.4M50xas long as short
Gate EWY_USDT0.0000%8h187.27+0.069%$4.0M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h187.24+0.053%$8.5M$4.4M100xas long as short
Variational Omni EWY0.0000%8h187.22+0.044%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.25+0.060%$740K$418K10xas long as short
SunX EWY-USDT0.0000%8h187.19+0.027%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.05−0.048%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.29+0.080%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.20+0.032%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0015%8h187.37+0.123%$48K$217K50xas long as short
Vest EWY-USD-PERPshort+0.0020%1h186.90−0.128%$220K25x
Lighter EWY+0.0032%1h187.12−0.011%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.24+0.053%$196K$152K20xas long as short
Entropy io:EWY+0.0050%1h187.18+0.021%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.04−0.053%$4K$12620xas long as short
SoDEX EWY-USDlong+0.0050%1h187.14long leg$746$4K10x
Ondo Perps EWY-USD.P+0.0050%1h187.18+0.021%$221K$328K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h187.23+0.046%$225xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h187.13−0.005%$520K$255K20xas long as short
KuCoin EWYUSDTM+0.0100%8h187.01−0.069%$963K$598K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.25+0.059%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.13−0.005%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0128%1h187.08−0.032%$28K$12K20xas long as short
edgeX EWYUSDC+0.0962%4h187.22+0.043%$420K$284K20xas long as short