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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0275%/8h= −30.1% APRpaid last 24h +0.545%
Price spread now: Paradex against Hotstuff+0.013%54s7-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 airdropHotstuff: Active · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EWY-PERP190.680.0328pay 0.0041% / 1h17m 44s$29K$12K20x
ShortParadex EWY-USD-PERP190.700.0053get 0.0053% / 8h4h 17m$235x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Hotstuff. 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
−$57.76
Price spread: +0.013% → 0.000%
$1.28
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$65.48
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Paradex no order-book sample
Hotstuff and 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
Bybit EWYUSDT0.0000%8h190.76+0.042%$5.2M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.74+0.031%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.77+0.046%$754K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.73+0.026%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.65−0.016%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.97+0.152%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.72+0.021%$1.7M$37K10xas long as short
OKX EWY-USDT-SWAP+0.0029%8h190.75+0.037%$4.1M$3.3M50xas long as short
Lighter EWY+0.0032%1h190.60−0.042%$386K$39K20xas long as short
Aster EWYUSDT+0.0037%8h190.74+0.029%$296K$12K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.57−0.058%$531K$300K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.97+0.152%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.76+0.042%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.63−0.026%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h190.67−0.005%$30K$67K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.54−0.073%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.73+0.026%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.56−0.063%$201K$266K10xas long as short
Paradex EWY-USD-PERPshort+0.0053%8h190.70+0.013%$235x
Bitget EWYUSDT+0.0063%8h190.72+0.021%$2.7M$2.0M20xas long as short
Variational Omni EWY+0.0083%8h190.94+0.136%$1.2M$1.1Mas long as short
KuCoin EWYUSDTM+0.0100%8h190.67−0.005%$983K$622K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.95+0.142%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.69+0.005%$2K$1K20xas long as short
Binance EWYUSDT+0.0111%8h190.71+0.014%$28.2M$76.4M50xas long as short
Extended EWY_24_5-USD+0.0112%1h190.66−0.011%$301K$669K10xas long as short
MEXC EWY_USDT+0.0113%8h190.69+0.005%$6.5M$3.9M100xas long as short
BloFin EWY-USDT+0.0140%8h190.79+0.058%$48K$214K50xas long as short
Hotstuff EWY-PERPlong+0.0328%1h190.68long leg$29K$12K20x
edgeX EWYUSDC+0.0916%4h190.70+0.012%$428K$284K20xas long as short