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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.007%
Price spread now: Polymarket Perps against Paradex−0.112%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 $0 a day on $10k at the current rate, and Polymarket Perps is 0.112% cheaper against Paradex than usual: you would sell low and buy high (−$11 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-PERP190.290.0060pay 0.0060% / 8h5h 52m$235x
ShortPolymarket Perps EWY-USD190.080.0050get 0.0006% / 1h52m 51s$4K$12620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$2.08
Price spread: −0.112% → 0.000%
−$11.21
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$25.29
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Polymarket Perps: 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 Polymarket Perps no order-book sample
Paradex and Polymarket Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EWY_USDC-PERPETUAL−0.0118%1h190.23−0.033%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h190.35+0.030%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.31+0.009%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.41+0.060%$753K$388K10xas long as short
SunX EWY-USDT0.0000%8h190.32+0.014%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.385%$529K$320K20xas long as short
HTX EWY-USDT0.0000%8h190.26−0.018%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.27−0.012%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.24−0.028%$386K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.44+0.077%$220K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.28−0.007%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.27−0.012%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.22−0.039%$52K$57K25xas long as short
Polymarket Perps EWY-USDshort+0.0050%1h190.08−0.112%$4K$12620x
SoDEX EWY-USD+0.0050%1h190.28−0.007%$738$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.26−0.018%$198K$275K10xas long as short
Paradex EWY-USD-PERPlong+0.0060%8h190.29long leg$235x
Hotstuff EWY-PERP+0.0064%1h190.28−0.007%$29K$12K20xas long as short
Bitget EWYUSDT+0.0080%8h190.32+0.014%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.23−0.033%$980K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.32+0.014%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.30+0.004%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0144%8h190.36+0.035%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0277%8h190.39+0.050%$295K$12K20xas long as short
Variational Omni EWY+0.0343%8h190.30+0.005%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0360%1h190.26−0.016%$302K$665K10xas long as short
Binance EWYUSDT+0.0361%8h190.31+0.009%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0362%8h190.29−0.002%$6.4M$4.2M100xas long as short
edgeX EWYUSDC+0.0626%4h190.27−0.012%$426K$282K20xas long as short