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+0.0050%/8h= +5.5% APRpaid last 24h +0.018%
Price spread now: Entropy against SunX−0.005%7-day average −0.017% · 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 4 days (all we have)+0.191%+$19 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.005%, 7d avg −0.017%
Together, before fees+0.177%+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT187.190get 0.0000% / 8h57m 45s$2.4M20x
ShortEntropy io:EWY187.180.0050get 0.0006% / 1h57m 45s$142K$119K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against SunX. 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: −0.005% → −0.017%
$1.18
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$14.32
Costs to cover
0.260%
Break-even
16.5 days
Slippage unknown: SunX: live order book, 9 min ago; Entropy: live order book, 9 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 SunX live order book, 9 min ago500.17 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Entropy live order book, 9 min ago9.07 bp30.7 bp −$31128.4 bp −$1,284doesn't fitdoesn't fit

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−0.0361%8h187.29+0.053%$2.7M$2.3M20xas long as short
tradeXYZ xyz:EWY−0.0028%1h187.13−0.032%$6.2M$14.3M20xas long as short
Aster EWYUSDT0.0000%8h187.25+0.032%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.15−0.022%$238K$584K10xas long as short
Binance EWYUSDT0.0000%8h187.21+0.013%$27.1M$81.5M50xas long as short
Bybit EWYUSDT0.0000%8h187.22+0.016%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.190.000%$4.1M$4.4M50xas long as short
Gate EWY_USDT0.0000%8h187.24+0.027%$4.0M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h187.22+0.016%$8.5M$4.4M100xas long as short
Variational Omni EWY0.0000%8h187.22+0.017%$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+0.033%$740K$418K10xas long as short
SunX EWY-USDTlong0.0000%8h187.19long leg$2.4M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h187.05−0.075%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.29+0.053%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.20+0.005%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0015%8h187.37+0.096%$48K$217K50xas long as short
Vest EWY-USD-PERP+0.0021%1h186.94−0.134%$220K25xas long as short
Lighter EWY+0.0032%1h187.12−0.037%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.190.000%$196K$152K20xas long as short
Entropy io:EWYshort+0.0050%1h187.18−0.005%$142K$119K25x
Polymarket Perps EWY-USD+0.0050%1h186.99−0.107%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.14−0.027%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.18−0.005%$221K$328K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h187.13−0.032%$520K$255K20xas long as short
Paradex EWY-USD-PERP+0.0056%8h187.21+0.011%$225xas long as short
Hotstuff EWY-PERP+0.0096%1h187.15−0.021%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h187.03−0.085%$963K$597K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.25+0.032%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.13−0.032%$2K$1K20xas long as short
edgeX EWYUSDC+0.0939%4h187.23+0.020%$420K$286K20xas long as short