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+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.004%
Price spread now: Paradex against Bybit+0.022%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 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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.022% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT190.400get 0.0000% / 8h5h 50m$5.1M$4.3M100x
ShortParadex EWY-USD-PERP190.440.0059get 0.0059% / 8h5h 50m$235x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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
$12.45
Price spread: +0.022% → 0.000%
$2.23
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$0.32
Costs to cover
0.150%
Break-even
7.2 days
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago0.26 bp8.1 bp −$811.2 bp −$112doesn'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 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 EWYUSDTlong0.0000%8h190.40long leg$5.1M$4.3M100x
Gate EWY_USDT0.0000%8h190.41+0.005%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.28−0.060%$752K$389K10xas long as short
SunX EWY-USDT0.0000%8h190.38−0.011%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.441%$529K$320K20xas long as short
HTX EWY-USDT0.0000%8h190.26−0.074%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.43+0.016%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.25−0.079%$386K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.52+0.063%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.32−0.042%$198K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h190.25−0.079%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.25−0.079%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.14−0.137%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.39−0.005%$741$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.31−0.047%$198K$275K10xas long as short
Paradex EWY-USD-PERPshort+0.0059%8h190.44+0.022%$235x
Deribit EWY_USDC-PERPETUAL+0.0065%1h190.35−0.026%$2K$13K20xas long as short
Bitget EWYUSDT+0.0090%8h190.30−0.053%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.31−0.047%$980K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.29−0.058%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.41+0.005%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0140%8h190.30−0.053%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0269%8h190.42+0.009%$295K$12K20xas long as short
Hotstuff EWY-PERP+0.0272%1h190.35−0.026%$29K$12K20xas long as short
Variational Omni EWY+0.0325%8h190.41+0.004%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0350%8h190.39−0.005%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0351%8h190.32−0.042%$6.4M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0352%1h190.38−0.009%$302K$665K10xas long as short
edgeX EWYUSDC+0.0950%4h190.24−0.083%$426K$283K20xas long as short