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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h −0.008%
Price spread now: tradeXYZ against Paradex−0.081%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 · tradeXYZ: 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: tradeXYZ is 0.081% cheaper against Paradex than usual: you would sell low and buy high, −$8 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-PERP185.740.0056pay 0.0056% / 8h7h 20m$225x
ShorttradeXYZ xyz:EWY185.590.0050get 0.0006% / 1h20m 19s$6.0M$14.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$1.17
Price spread: −0.081% → 0.000%
−$8.13
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$31.3
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; tradeXYZ: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell tradeXYZ live order book, 9 min ago0.27 bp10.8 bp −$1113.3 bp −$133doesn'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
Bitget EWYUSDT−0.0467%8h185.75+0.005%$3.1M$2.7M20xas long as short
Vest EWY-USD-PERP−0.0012%1h185.42−0.173%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.76+0.009%$288K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.73−0.006%$239K$912K10xas long as short
Binance EWYUSDT0.0000%8h185.76+0.011%$26.7M$81.8M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.71−0.017%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.81+0.037%$4.2M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h185.76+0.010%$7.4M$4.5M100xas long as short
Variational Omni EWY0.0000%8h185.77+0.015%$1.1M$1.0Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.53−0.116%$727K$418K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h185.80+0.032%$2.2M20xas long as short
HTX EWY-USDT0.0000%8h185.64−0.054%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.79+0.026%$1.6M$37K10xas long as short
Hotstuff EWY-PERP+0.0016%1h185.56−0.097%$27K$16K20xas long as short
Bybit EWYUSDT+0.0024%8h185.83+0.048%$5.0M$4.8M100xas long as short
BloFin EWY-USDT+0.0030%8h185.72−0.011%$48K$220K50xas long as short
Lighter EWY+0.0032%1h185.55−0.103%$376K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.77+0.016%$195K$154K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h185.59−0.081%$6.0M$14.5M20x
Entropy io:EWY+0.0050%1h185.50−0.130%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.59−0.081%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.78+0.021%$742$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.63−0.060%$233K$333K10xas long as short
Paradex EWY-USD-PERPlong+0.0056%8h185.74long leg$225x
KuCoin EWYUSDTM+0.0100%8h185.56−0.097%$955K$633K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.57−0.092%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.79+0.026%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.38−0.194%$515K$249K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0235%1h185.72−0.011%$3K$15K20xas long as short
edgeX EWYUSDC+0.0959%4h185.52−0.122%$416K$285K20xas long as short