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+0.0297%/8h= +32.6% APRnext payment +$2.97 per $10,000 · paid last 24h +0.045%
Price spread now: Variational Omni against Paradex−0.131%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 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 · Variational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.131% cheaper against Paradex than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 35 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP190.370.0061pay 0.0061% / 8h5h 57m$235x
ShortVariational Omni EWY190.120.0358get 0.0358% / 8h5h 57m$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$62.45
Price spread: −0.131% → 0.000%
−$13.09
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$45.35
Costs to cover
0.040%
Break-even
1.9 days
Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago2.24 bpdoesn't fit4.3 bp −$43doesn'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 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
Bybit EWYUSDT0.0000%8h190.38+0.005%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.38+0.005%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.17−0.104%$752K$390K10xas long as short
SunX EWY-USDT0.0000%8h190.16−0.111%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.426%$529K$321K20xas long as short
HTX EWY-USDT0.0000%8h190.30−0.037%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.41+0.021%$1.7M$38K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0013%1h190.31−0.032%$2K$13K20xas long as short
Lighter EWY+0.0032%1h190.17−0.106%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.54+0.089%$220K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.40+0.015%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.30−0.037%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.15−0.116%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.22−0.079%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.27−0.053%$738$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.08−0.153%$197K$275K10xas long as short
Paradex EWY-USD-PERPlong+0.0061%8h190.37long leg$235x
Bitget EWYUSDT+0.0062%8h190.40+0.015%$2.7M$2.0M20xas long as short
Hotstuff EWY-PERP+0.0096%1h189.99−0.200%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.23−0.074%$980K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.23−0.074%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.31−0.032%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0153%8h190.43+0.031%$4.1M$3.5M50xas long as short
edgeX EWYUSDC+0.0155%4h190.12−0.134%$426K$284K20xas long as short
Aster EWYUSDT+0.0289%8h190.36−0.005%$295K$12K20xas long as short
Variational Omni EWYshort+0.0358%8h190.12−0.131%$1.2M$1.1M
Binance EWYUSDT+0.0370%8h190.39+0.008%$28.4M$77.2M50xas long as short
MEXC EWY_USDT+0.0372%8h190.37−0.001%$6.4M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0376%1h190.35−0.009%$302K$665K10xas long as short