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+0.0537%/8h= +58.8% APRnext payment +$5.37 per $10,000 · paid last 24h +0.048%
Price spread now: Binance against Paradex+0.115%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 +$16 a day on $10k at the current rate, and Binance is 0.115% dearer against Paradex than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP190.810.0080pay 0.0080% / 8h7h 22m$235x
ShortBinance EWYUSDT191.030.0617get 0.0617% / 8h7h 22m$28.7M$78.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$112.77
Price spread: +0.115% → 0.000%
$11.48
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
$110.25
Costs to cover
0.140%
Break-even
0.2 days
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 5 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 Binance live order book, 5 min ago0.26 bp5.3 bp −$56.7 bp −$6716.9 bp −$1,686doesn'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
Bybit EWYUSDT0.0000%8h191.02+0.109%$5.2M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h191.03+0.114%$4.1M$3.4M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.76−0.026%$755K$375K10xas long as short
SunX EWY-USDT0.0000%8h190.77−0.022%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h190.80−0.007%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h191.06+0.130%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.82+0.004%$387K$63K20xas long as short
Vest EWY-USD-PERP+0.0046%1h191.05+0.124%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.84+0.014%$196K$143K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.90+0.046%$6.3M$14.7M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h190.53−0.148%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.77−0.022%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.82+0.004%$456$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.64−0.091%$230K$233K10xas long as short
Paradex EWY-USD-PERPlong+0.0080%8h190.81long leg$235x
KuCoin EWYUSDTM+0.0100%8h190.63−0.096%$982K$664K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.62−0.101%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h191.06+0.130%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0117%1h191.03+0.114%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h190.67−0.075%$532K$340K20xas long as short
OKX EWY-USDT-SWAP+0.0291%8h191.09+0.145%$4.2M$3.5M50xas long as short
Hotstuff EWY-PERP+0.0360%1h190.72−0.049%$29K$12K20xas long as short
Bitget EWYUSDT+0.0386%8h190.96+0.077%$2.8M$1.6M20xas long as short
Aster EWYUSDT+0.0499%8h190.96+0.078%$296K$12K20xas long as short
BloFin EWY-USDT+0.0589%8h190.63−0.096%$47K$214K50xas long as short
Variational Omni EWY+0.0592%8h190.74−0.036%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0616%1h190.98+0.085%$304K$717K10xas long as short
Binance EWYUSDTshort+0.0617%8h191.03+0.115%$28.7M$78.2M50x
edgeX EWYUSDC+0.0618%4h190.69−0.063%$427K$282K20xas long as short
MEXC EWY_USDT+0.0618%8h190.94+0.067%$7.4M$4.5M100xas long as short