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+0.0540%/8h= +59.1% APRnext payment +$5.40 per $10,000 · paid last 24h −0.058%
Price spread now: Binance against Paradex−0.026%58s7-day average · 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)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
Funding pays, the price is against you. Binance is 0.026% cheaper against Paradex than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$16 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP189.870.0138pay 0.0138% / 8h20m 44s$235x
ShortBinance EWYUSDT189.820.0678get 0.0678% / 8h20m 44s$28.6M$79.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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
$113.36
Price spread: −0.026% → 0.000%
−$2.58
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
$96.78
Costs to cover
0.140%
Break-even
1.0 days
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 7 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 Paradex no order-book sample
Sell Binance live order book, 7 min ago0.26 bp5.3 bp −$57.7 bp −$7720.6 bp −$2,058doesn't fit
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%8h189.81−0.032%$3.4M$2.9M50xas long as short
SunX EWY-USDT0.0000%8h189.48−0.206%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.77−0.053%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.73−0.074%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.86−0.006%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.80−0.038%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.67−0.106%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.64−0.122%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.78−0.048%$777$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.43−0.232%$243K$206K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.65−0.117%$965K$691K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.68−0.101%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.77−0.053%$2K$1K20xas long as short
Paradex EWY-USD-PERPlong+0.0138%8h189.87long leg$235x
Coinbase International EWY-PERP-INTX+0.0144%1h189.63−0.127%$528K$340K20xas long as short
tradeXYZ xyz:EWY+0.0156%1h189.78−0.048%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0166%8h189.92+0.026%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0216%8h189.65−0.117%$36K$8K20xas long as short
Bitget EWYUSDT+0.0217%8h189.89+0.010%$2.6M$1.6M20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0277%1h189.82−0.027%$2K$13K20xas long as short
OKX EWY-USDT-SWAP+0.0319%8h189.89+0.010%$4.0M$4.1M50xas long as short
Hotstuff EWY-PERP+0.0376%1h189.63−0.127%$28K$12K20xas long as short
Aster EWYUSDT+0.0552%8h189.68−0.099%$294K$12K20xas long as short
edgeX EWYUSDC+0.0600%4h189.62−0.130%$425K$275K20xas long as short
Variational Omni EWY+0.0645%8h189.77−0.054%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0653%8h189.68−0.103%$750K$395K10xas long as short
MEXC EWY_USDT+0.0675%8h189.80−0.038%$7.5M$4.5M100xas long as short
Binance EWYUSDTshort+0.0678%8h189.82−0.026%$28.6M$79.8M50x
BloFin EWY-USDT+0.0680%8h189.81−0.032%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.76−0.057%$298K$396K10xas long as short