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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.47 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Paradex−0.062%47s7-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. KuCoin is 0.062% cheaper against Paradex than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.4 days of funding at the current rate (+$1 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP187.650.0053pay 0.0053% / 8h2h 25m$235x
ShortKuCoin EWYUSDTM187.530.0100get 0.0100% / 8h2h 25m$966K$604K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$9.83
Price spread: −0.062% → 0.000%
−$6.2
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$12.37
Costs to cover
0.160%
Break-even
15.8 days
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 13 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 KuCoin live order book, 13 min ago5.86 bp154.0 bp −$154doesn't fitdoesn'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
Hotstuff EWY-PERP−0.0136%1h187.36−0.153%$28K$12K20xas long as short
Bitget EWYUSDT−0.0052%8h187.76+0.061%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0016%8h187.57−0.041%$48K$215K50xas long as short
Aster EWYUSDT0.0000%8h187.65+0.001%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.63−0.007%$230K$491K10xas long as short
Binance EWYUSDT0.0000%8h187.74+0.050%$27.2M$79.7M50xas long as short
Bybit EWYUSDT0.0000%8h187.72+0.039%$4.9M$4.6M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.70+0.029%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.71+0.034%$4.1M$4.1M50xas long as short
MEXC EWY_USDT0.0000%8h187.70+0.029%$6.8M$4.0M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.64−0.001%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.89+0.131%$743K$415K10xas long as short
SunX EWY-USDT0.0000%8h187.50−0.078%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.60−0.025%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.68+0.018%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.56−0.046%$380K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.35−0.158%$521K$276K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.35−0.158%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.63−0.009%$196K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.61−0.019%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h187.53−0.062%$87K$93K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.48−0.089%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.53−0.062%$730$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.81+0.087%$214K$316K10xas long as short
Paradex EWY-USD-PERPlong+0.0053%8h187.65long leg$235x
KuCoin EWYUSDTMshort+0.0100%8h187.53−0.062%$966K$604K20x
ApeX Omni EWYUSDT+0.0100%1h187.68+0.018%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.61−0.019%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0123%1h187.65+0.002%$2K$14K20xas long as short
edgeX EWYUSDC+0.0248%4h187.88+0.123%$421K$283K20xas long as short