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+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.022%
Price spread now: Paradex against SunX−0.109%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
Funding pays, the price is against you. Paradex is 0.109% cheaper against SunX than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 5.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT189.830get 0.0000% / 8h6h 40m$2.6M20x
ShortParadex EWY-USD-PERP189.620.0061get 0.0061% / 8h6h 40m$235x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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
$12.89
Price spread: −0.109% → 0.000%
−$10.86
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.97
Costs to cover
0.120%
Break-even
12.4 days
Slippage unknown: SunX: live order book, 7 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 SunX live order book, 7 min ago500.18 bpdoesn't fitdoesn't fitdoesn'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
Deribit EWY_USDC-PERPETUAL−0.0172%1h189.69−0.074%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h189.64−0.100%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.61−0.116%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.99+0.083%$751K$385K10xas long as short
SunX EWY-USDTlong0.0000%8h189.83long leg$2.6M20x
HTX EWY-USDT0.0000%8h189.79−0.021%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.74−0.047%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.51−0.169%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.84+0.005%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.60−0.121%$197K$143K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h190.28+0.237%$531K$337K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.60−0.121%$6.3M$14.1M20xas long as short
Entropy io:EWY+0.0050%1h189.81−0.011%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.46−0.195%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.73−0.053%$610$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.62−0.111%$229K$231K10xas long as short
Paradex EWY-USD-PERPshort+0.0061%8h189.62−0.109%$235x
KuCoin EWYUSDTM+0.0100%8h189.66−0.090%$977K$635K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.78−0.026%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.60−0.121%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0228%8h189.63−0.105%$4.1M$3.4M50xas long as short
Bitget EWYUSDT+0.0319%8h189.66−0.090%$2.8M$1.9M20xas long as short
Hotstuff EWY-PERP+0.0400%1h189.67−0.084%$28K$12K20xas long as short
Aster EWYUSDT+0.0411%8h189.70−0.071%$294K$12K20xas long as short
edgeX EWYUSDC+0.0496%4h189.87+0.022%$425K$282K20xas long as short
Variational Omni EWY+0.0499%8h189.70−0.071%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0517%8h189.59−0.126%$28.4M$77.3M50xas long as short
Extended EWY_24_5-USD+0.0520%1h189.56−0.140%$302K$670K10xas long as short
MEXC EWY_USDT+0.0522%8h189.60−0.121%$7.0M$4.1M100xas long as short
BloFin EWY-USDT+0.0565%8h190.43+0.316%$2K$214K50xas long as short