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+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.048%
Price spread now: Paradex against Binance+0.023%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Paradex is 0.023% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWYUSDT189.940.0044pay 0.0044% / 8h3h 47m$27.7M$76.4M50x
ShortParadex EWY-USD-PERP189.980.0054get 0.0054% / 8h3h 47m$235x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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
$2.25
Price spread: +0.023% → 0.000%
$2.31
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.44
Costs to cover
0.140%
Break-even
36.3 days
Slippage unknown: Binance: live order book, 10 min ago; Paradex: 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 Binance live order book, 10 min ago0.26 bp5.3 bp −$56.6 bp −$6619.1 bp −$1,905doesn't fit
Sell Paradex no order-book sample
Paradex: 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
Aster EWYUSDT0.0000%8h190.00+0.033%$295K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.97+0.016%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.96+0.011%$4.1M$3.4M50xas long as short
Gate EWY_USDT0.0000%8h189.95+0.005%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.95+0.005%$2.7M$2.0M20xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.88−0.034%$750K$396K10xas long as short
SunX EWY-USDT0.0000%8h189.88−0.032%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.074%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.83−0.058%$1.7M$37K10xas long as short
Variational Omni EWY+0.0006%8h190.00+0.033%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EWY+0.0032%1h189.79−0.079%$384K$39K20xas long as short
Extended EWY_24_5-USD+0.0040%1h189.87−0.039%$301K$669K10xas long as short
Binance EWYUSDTlong+0.0044%8h189.94long leg$27.7M$76.4M50x
MEXC EWY_USDT+0.0045%8h189.940.000%$6.2M$3.8M100xas long as short
Vest EWY-USD-PERP+0.0046%1h189.99+0.026%$220K25xas long as short
Hotstuff EWY-PERP+0.0048%1h189.82−0.063%$28K$12K20xas long as short
Popdex EWYUSDT+0.0048%1h189.95+0.005%$198K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83−0.058%$530K$293K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.83−0.058%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.87−0.037%$30K$65K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.76−0.095%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.88−0.032%$745$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.81−0.068%$198K$267K10xas long as short
Paradex EWY-USD-PERPshort+0.0054%8h189.98+0.023%$235x
BloFin EWY-USDT+0.0059%8h189.90−0.021%$47K$213K50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0066%1h189.89−0.026%$2K$13K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.87−0.037%$978K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.87−0.037%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.92−0.011%$2K$1K20xas long as short
edgeX EWYUSDC+0.0822%4h189.90−0.020%$426K$284K20xas long as short