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+0.0007%/8h= +0.8% APRpaid last 24h +0.008%
Price spread now: Paradex against Popdex−0.014%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT187.140.0048pay 0.0006% / 1h49m 48s$197K$153K20x
ShortParadex EWY-USD-PERP187.110.0055get 0.0055% / 8h49m 48s$225x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Popdex. 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
$1.46
Price spread: −0.014% → 0.000%
−$1.39
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$10.33
Costs to cover
0.104%
Break-even
56.7 days
Slippage unknown: Popdex: live order book, 54 min ago; Paradex: 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 Popdex live order book, 54 min ago0.80 bp5.0 bp −$59.3 bp −$93doesn't fitdoesn't fit
Sell Paradex no order-book sample
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−0.0405%8h187.37+0.123%$2.8M$2.4M20xas long as short
Hotstuff EWY-PERP−0.0328%1h186.93−0.112%$28K$12K20xas long as short
Aster EWYUSDT0.0000%8h187.24+0.055%$290K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.19+0.026%$238K$755K10xas long as short
Binance EWYUSDT0.0000%8h187.29+0.079%$27.3M$82.3M50xas long as short
Bybit EWYUSDT0.0000%8h187.30+0.085%$4.9M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.19+0.027%$4.2M$4.5M50xas long as short
Gate EWY_USDT0.0000%8h187.28+0.075%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.28+0.075%$8.5M$4.4M100xas long as short
Variational Omni EWY0.0000%8h187.06−0.044%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.17+0.018%$740K$415K10xas long as short
SunX EWY-USDT0.0000%8h187.01−0.069%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.21+0.037%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.24+0.053%$1.7M$37K10xas long as short
Vest EWY-USD-PERP+0.0012%1h186.67−0.251%$220K25xas long as short
BloFin EWY-USDT+0.0030%8h187.11−0.016%$48K$217K50xas long as short
Lighter EWY+0.0032%1h187.02−0.064%$379K$40K20xas long as short
Popdex EWYUSDTlong+0.0048%1h187.14long leg$197K$153K20x
tradeXYZ xyz:EWY+0.0050%1h187.140.000%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.04−0.053%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.94−0.107%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h187.10−0.021%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.91−0.123%$223K$332K10xas long as short
Paradex EWY-USD-PERPshort+0.0055%8h187.11−0.014%$225x
Coinbase International EWY-PERP-INTX+0.0056%1h187.01−0.069%$519K$250K20xas long as short
KuCoin EWYUSDTM+0.0100%8h186.92−0.118%$962K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.96−0.096%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.140.000%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0178%1h187.13−0.005%$2K$14K20xas long as short
edgeX EWYUSDC+0.0672%4h187.20+0.034%$420K$285K20xas long as short