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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX−0.037%7-day average +0.031% · 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 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.052%+$5 · spread now −0.037%, 7d avg +0.031%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.068% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT190.460get 0.0000% / 8h6h 57m$2.6M20x
ShortPhemex EWYUSDT190.390get 0.0000% / 8h6h 57m$1.7M$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: −0.037% → +0.031%
−$6.81
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$26.81
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 9 min ago; Phemex: live order book, 5 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 ago500.37 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago2.36 bp54.2 bp −$54doesn't fitdoesn'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
Bybit EWYUSDT0.0000%8h190.45−0.005%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.460.000%$4.0M$3.5M50xas long as short
SunX EWY-USDTlong0.0000%8h190.46long leg$2.6M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h190.36−0.053%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.53+0.037%$22K$37K20xas long as short
Phemex EWYUSDTshort0.0000%8h190.39−0.037%$1.7M$37K10x
Lighter EWY+0.0032%1h190.21−0.131%$386K$34K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.75+0.152%$220K25xas long as short
GRVT EWY_USDT_Perp+0.0047%8h190.56+0.052%$753K$380K10xas long as short
Entropy io:EWY+0.0047%1h190.48+0.011%$52K$57K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.52+0.032%$196K$142K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h190.43−0.016%$531K$340K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.38−0.042%$6.2M$14.5M20xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.34−0.063%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.42−0.021%$542$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.51+0.026%$229K$235K10xas long as short
Paradex EWY-USD-PERP+0.0067%8h190.51+0.024%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h190.44−0.011%$981K$644K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.45−0.005%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.52+0.032%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0160%1h190.47+0.005%$29K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0263%8h190.42−0.021%$4.2M$3.5M50xas long as short
Bitget EWYUSDT+0.0447%8h190.460.000%$2.8M$1.7M20xas long as short
Aster EWYUSDT+0.0469%8h190.53+0.036%$295K$12K20xas long as short
Variational Omni EWY+0.0566%8h190.51+0.027%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0568%8h190.60+0.074%$2K$214K50xas long as short
Binance EWYUSDT+0.0589%8h190.44−0.011%$28.5M$77.4M50xas long as short
Extended EWY_24_5-USD+0.0592%1h190.40−0.029%$304K$670K10xas long as short
MEXC EWY_USDT+0.0594%8h190.45−0.005%$7.0M$4.1M100xas long as short
edgeX EWYUSDC+0.0962%4h190.56+0.055%$427K$283K20xas long as short