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−0.0035%/8h= −3.8% APRnext payment $0.35 per $10,000 · paid last 24h −0.040%
Price spread now: Orderly against Paradex−0.092%7-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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.092% cheaper against Paradex than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP189.950.0135pay 0.0135% / 8h19m 36s$235x
ShortOrderly PERP_EWY_USDC_mythos189.770.0100get 0.0100% / 8h19m 36s$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$7.37
Price spread: −0.092% → 0.000%
−$9.23
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$26.61
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Paradex no order-book sample
Sell Orderly no order-book sample
Paradex and Orderly: 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%8h189.82−0.066%$3.4M$2.9M50xas long as short
SunX EWY-USDT0.0000%8h189.58−0.192%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.82−0.066%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.73−0.113%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.84−0.055%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.85−0.050%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.67−0.145%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.72−0.119%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.82−0.066%$776$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.73−0.113%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.66−0.150%$966K$690K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.68−0.140%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h189.77−0.092%$2K$1K20x
Paradex EWY-USD-PERPlong+0.0135%8h189.95long leg$235x
Coinbase International EWY-PERP-INTX+0.0144%1h189.79−0.082%$528K$341K20xas long as short
tradeXYZ xyz:EWY+0.0154%1h189.80−0.077%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0167%8h189.90−0.024%$5.3M$4.2M100xas long as short
Hotstuff EWY-PERP+0.0168%1h189.78−0.087%$28K$12K20xas long as short
HTX EWY-USDT+0.0217%8h189.65−0.155%$36K$8K20xas long as short
Bitget EWYUSDT+0.0220%8h189.91−0.019%$2.6M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0320%8h189.95+0.002%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0435%1h189.86−0.045%$2K$13K20xas long as short
Aster EWYUSDT+0.0554%8h189.69−0.134%$294K$12K20xas long as short
edgeX EWYUSDC+0.0600%4h189.62−0.169%$425K$275K20xas long as short
Variational Omni EWY+0.0645%8h189.77−0.093%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0653%8h189.68−0.142%$750K$395K10xas long as short
MEXC EWY_USDT+0.0678%8h189.83−0.061%$7.5M$4.5M100xas long as short
BloFin EWY-USDT+0.0680%8h189.81−0.071%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.80−0.078%$298K$396K10xas long as short
Binance EWYUSDT+0.0680%8h189.83−0.061%$28.6M$79.8M50xas long as short