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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against Paradex+0.031%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 +$2 a day on $10k at the current rate, and Bybit is 0.031% dearer against Paradex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP185.520.0058pay 0.0058% / 8h7h 34m$225x
ShortBybit EWYUSDT185.580.0112get 0.0112% / 8h7h 34m$4.9M$4.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$11.37
Price spread: +0.031% → 0.000%
$3.05
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$0.58
Costs to cover
0.150%
Break-even
7.4 days
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago0.27 bp7.7 bp −$813.2 bp −$132doesn't fitdoesn'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
Bitget EWYUSDT−0.0522%8h185.62+0.052%$3.1M$2.6M20xas long as short
Hotstuff EWY-PERP−0.0240%1h185.57+0.025%$27K$16K20xas long as short
Vest EWY-USD-PERP−0.0018%1h185.31−0.115%$235K25xas long as short
BloFin EWY-USDT−0.0017%8h185.66+0.074%$48K$219K50xas long as short
Aster EWYUSDT0.0000%8h185.72+0.106%$288K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.60+0.040%$239K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.57+0.025%$26.9M$82.1M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.52−0.002%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.70+0.095%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.54+0.009%$7.6M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h185.61+0.049%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.76+0.129%$728K$421K10xas long as short
SunX EWY-USDT0.0000%8h185.77+0.133%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h185.69+0.090%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.66+0.074%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h185.36−0.088%$376K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.65+0.068%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.41−0.061%$6.2M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h185.50−0.013%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.46−0.034%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.63+0.057%$742$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.58+0.031%$234K$334K10xas long as short
Paradex EWY-USD-PERPlong+0.0058%8h185.52long leg$225x
KuCoin EWYUSDTM+0.0100%8h185.59+0.036%$955K$621K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.65+0.068%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.67+0.079%$2K$1K20xas long as short
Bybit EWYUSDTshort+0.0112%8h185.58+0.031%$4.9M$4.8M100x
Coinbase International EWY-PERP-INTX+0.0112%1h185.80+0.149%$515K$250K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0289%1h185.60+0.041%$3K$15K20xas long as short
edgeX EWYUSDC+0.0794%4h185.74+0.118%$416K$285K20xas long as short