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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.020%
Price spread now: Deribit against Paradex−0.043%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.043% cheaper against Paradex than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP189.720.0060pay 0.0060% / 8h6h 33m$235x
ShortDeribit EWY_USDC-PERPETUAL189.640get 0.0000% / 1h33m 55s$2K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$12.58
Price spread: −0.043% → 0.000%
−$4.33
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$27.92
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Deribit: 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 Paradex no order-book sample
Sell Deribit no order-book sample
Paradex and Deribit: 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
Hotstuff EWY-PERP−0.0128%1h189.71−0.006%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.84+0.062%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.79+0.036%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.60−0.066%$749K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.70−0.012%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUALshort0.0000%1h189.64−0.043%$2K$13K20x
HTX EWY-USDT0.0000%8h189.80+0.041%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.79+0.036%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.63−0.049%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.88+0.083%$220K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h189.73+0.004%$197K$146K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h190.28+0.294%$531K$335K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.77+0.025%$6.3M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.68−0.022%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.56−0.085%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.70−0.012%$641$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.48−0.128%$212K$250K10xas long as short
Paradex EWY-USD-PERPlong+0.0060%8h189.72long leg$235x
edgeX EWYUSDC+0.0083%4h189.50−0.116%$425K$282K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.64−0.043%$977K$634K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.59−0.070%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.75+0.015%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0208%8h189.77+0.025%$4.1M$3.5M50xas long as short
Bitget EWYUSDT+0.0232%8h189.77+0.025%$2.7M$1.9M20xas long as short
Aster EWYUSDT+0.0389%8h189.78+0.032%$294K$12K20xas long as short
Variational Omni EWY+0.0472%8h189.67−0.030%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0488%1h189.73+0.006%$302K$670K10xas long as short
Binance EWYUSDT+0.0491%8h189.80+0.040%$28.3M$77.6M50xas long as short
MEXC EWY_USDT+0.0495%8h189.74+0.009%$7.0M$4.2M100xas long as short