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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0463%/8h= −50.7% APRpaid last 24h −0.025%
Price spread now: Paradex against edgeX+0.194%52s7-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 airdropedgeX: Active · Paradex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.194% dearer against edgeX than usual: you sell high and buy low (spread +0.194% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 33 hours. 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
LongedgeX EWYUSDC189.620.0600pay 0.0300% / 4h18m 07s$425K$275K20x
ShortParadex EWY-USD-PERP189.990.0136get 0.0136% / 8h18m 07s$235x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against edgeX. 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
−$97.32
Price spread: +0.194% → 0.000%
$19.36
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$90.97
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: edgeX: live order book, 60 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 edgeX live order book, 60 min ago5.55 bp10.3 bp −$1015.0 bp −$150doesn't fitdoesn'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
Gate EWY_USDT0.0000%8h189.92+0.156%$3.6M$3.0M50xas long as short
SunX EWY-USDT0.0000%8h189.55−0.039%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.92+0.156%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.81+0.098%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.90+0.145%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.93+0.161%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.70+0.040%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.76+0.072%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.90+0.145%$778$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.73+0.056%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.70+0.040%$966K$688K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.68+0.029%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.86+0.124%$2K$1K20xas long as short
Paradex EWY-USD-PERPshort+0.0136%8h189.99+0.194%$235x
Coinbase International EWY-PERP-INTX+0.0144%1h189.79+0.087%$528K$341K20xas long as short
Hotstuff EWY-PERP+0.0152%1h189.83+0.109%$28K$12K20xas long as short
tradeXYZ xyz:EWY+0.0154%1h189.88+0.135%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0169%8h189.98+0.188%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0221%8h189.99+0.193%$36K$8K20xas long as short
Bitget EWYUSDT+0.0222%8h189.98+0.188%$2.6M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0323%8h190.00+0.198%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0488%1h189.96+0.177%$2K$13K20xas long as short
Aster EWYUSDT+0.0557%8h189.76+0.072%$294K$12K20xas long as short
edgeX EWYUSDClong+0.0600%4h189.62long leg$425K$275K20x
Variational Omni EWY+0.0645%8h189.77+0.077%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0653%8h189.68+0.028%$750K$395K10xas long as short
BloFin EWY-USDT+0.0676%8h189.86+0.124%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.88+0.137%$298K$396K10xas long as short
MEXC EWY_USDT+0.0680%8h189.91+0.151%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0683%8h189.92+0.156%$28.6M$79.8M50xas long as short