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−0.0009%/8h= −1.0% APRpaid last 24h −0.007%
Price spread now: SoDEX against Paradex+0.045%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 3 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.045% dearer against Paradex than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP186.390.0059pay 0.0059% / 8h4m 28s$225x
ShortSoDEX EWY-USD186.470.0050get 0.0006% / 1h4m 28s$743$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$1.89
Price spread: +0.045% → 0.000%
$4.46
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$9.43
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Paradex and SoDEX: 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−3.3232%1h186.37−0.009%$27K$15K20xas long as short
Bitget EWYUSDT−0.0604%8h186.53+0.077%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0029%1h185.90−0.261%$220K25xas long as short
BloFin EWY-USDT−0.0016%8h186.48+0.050%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h186.48+0.052%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.38−0.001%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.45+0.032%$27.0M$83.3M50xas long as short
Bybit EWYUSDT0.0000%8h186.49+0.055%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.40+0.007%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.48+0.050%$4.1M$4.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h186.44+0.029%$7.9M$4.4M100xas long as short
Variational Omni EWY0.0000%8h186.48+0.050%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.51+0.067%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.33−0.030%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.120%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.51+0.066%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h186.23−0.084%$377K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.44+0.029%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.35−0.020%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.28−0.057%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.33−0.030%$4K$14120xas long as short
SoDEX EWY-USDshort+0.0050%1h186.47+0.045%$743$4K10x
Ondo Perps EWY-USD.P+0.0050%1h186.28−0.057%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.055%$517K$252K20xas long as short
Paradex EWY-USD-PERPlong+0.0059%8h186.39long leg$225x
KuCoin EWYUSDTM+0.0100%8h186.38−0.004%$959K$602K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.50+0.061%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.44+0.029%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0126%1h186.43+0.023%$2K$14K20xas long as short
edgeX EWYUSDC+0.0442%4h186.45+0.033%$418K$286K20xas long as short