Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.004%
Price spread now: Coinbase International against Paradex−0.144%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.144% cheaper against Paradex than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP189.830.0056pay 0.0056% / 8h6h 13m$235x
ShortCoinbase International EWY-PERP-INTX189.560.0048get 0.0006% / 1h13m 47s$529K$330K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$1.72
Price spread: −0.144% → 0.000%
−$14.4
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$30.12
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 54 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 Coinbase International live order book, 54 min ago4.46 bp9.5 bp −$915.0 bp −$150doesn'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%8h189.84+0.003%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.83−0.002%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.59−0.126%$749K$389K10xas long as short
SunX EWY-USDT0.0000%8h189.73−0.054%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.78−0.028%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.90+0.035%$1.7M$38K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0013%1h189.80−0.018%$2K$13K20xas long as short
Lighter EWY+0.0032%1h189.68−0.081%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.96+0.067%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.84+0.003%$197K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTXshort+0.0048%1h189.56−0.144%$529K$330K20x
tradeXYZ xyz:EWY+0.0050%1h189.72−0.060%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.71−0.065%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.70−0.070%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.84+0.003%$716$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.71−0.065%$198K$272K10xas long as short
Hotstuff EWY-PERP+0.0056%1h189.76−0.039%$28K$12K20xas long as short
Paradex EWY-USD-PERPlong+0.0056%8h189.83long leg$235x
Bitget EWYUSDT+0.0098%8h189.85+0.009%$2.8M$1.9M20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.66−0.091%$976K$629K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.61−0.118%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.84+0.003%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0177%8h189.86+0.014%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0325%8h189.85+0.009%$294K$12K20xas long as short
Variational Omni EWY+0.0399%8h189.76−0.039%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0418%8h189.84+0.003%$28.3M$77.5M50xas long as short
MEXC EWY_USDT+0.0421%8h189.80−0.018%$7.0M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0424%1h189.79−0.024%$302K$665K10xas long as short
edgeX EWYUSDC+0.0859%4h189.61−0.116%$425K$283K20xas long as short