Funding you earn now, next payment 02:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.004%
Price spread now: Coinbase International against Paradex−0.431%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.431% cheaper against Paradex than usual: you would sell low and buy high (−$43 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex EWY-USD-PERP | 190.38 | 0.0060 | pay 0.0060% / 8h | 5h 54m | $23 | — | 5x |
| Short | Coinbase International EWY-PERP-INTX | 189.56 | 0 | get 0.0000% / 1h | 54m 24s | $529K | $321K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.63
- Price spread: −0.431% → 0.000%
- −$43.13
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$69.76
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 9 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 9 min ago | 3.68 bp | 8.9 bp −$9 | 11.4 bp −$114 | doesn't fit | doesn'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 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.42 | +0.020% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.39 | +0.005% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.41 | +0.014% | $753K | $388K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.28 | −0.053% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.35 | −0.016% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | 0.0000% | 1h | 189.56 | −0.431% | $529K | $321K | 20x | |
| HTX EWY-USDT | 0.0000% | 8h | 190.30 | −0.043% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.33 | −0.027% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.28 | −0.053% | $386K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.52 | +0.073% | — | $220K | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.37 | −0.006% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.28 | −0.053% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.21 | −0.090% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.18 | −0.106% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.35 | −0.016% | $743 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.26 | −0.064% | $198K | $275K | 10x | as long as short |
| Paradex EWY-USD-PERPlong | +0.0060% | 8h | 190.38 | long leg | $23 | — | 5x | |
| Hotstuff EWY-PERP | +0.0064% | 1h | 190.28 | −0.053% | $29K | $12K | 20x | as long as short |
| Bitget EWYUSDT | +0.0077% | 8h | 190.39 | +0.005% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.28 | −0.053% | $980K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.32 | −0.032% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.40 | +0.010% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0146% | 8h | 190.42 | +0.020% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0280% | 8h | 190.42 | +0.022% | $295K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0329% | 4h | 190.36 | −0.011% | $427K | $282K | 20x | as long as short |
| Variational Omni EWY | +0.0343% | 8h | 190.30 | −0.041% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0360% | 1h | 190.33 | −0.029% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDT | +0.0363% | 8h | 190.38 | −0.003% | $28.4M | $77.0M | 50x | as long as short |
| MEXC EWY_USDT | +0.0367% | 8h | 190.36 | −0.011% | $6.4M | $4.2M | 100x | as long as short |
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT