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+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Paradex−0.070%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. KuCoin is 0.070% cheaper against Paradex than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP190.660.0054pay 0.0054% / 8h4h 33m$235x
ShortKuCoin EWYUSDTM190.530.0100get 0.0100% / 8h4h 33m$982K$622K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$9.62
Price spread: −0.070% → 0.000%
−$6.99
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.37
Costs to cover
0.160%
Break-even
16.7 days
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 16 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 KuCoin live order book, 16 min ago3.94 bp186.0 bp −$186doesn't fitdoesn'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 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%8h190.69+0.014%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.63−0.017%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.64−0.011%$753K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.55−0.059%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.030%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.62−0.023%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.50−0.086%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.57−0.049%$531K$304K20xas long as short
Bitget EWYUSDT+0.0045%8h190.60−0.033%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.80+0.072%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.67+0.004%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.52−0.075%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.47−0.101%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.47−0.101%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.63−0.017%$755$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.58−0.044%$201K$268K10xas long as short
Paradex EWY-USD-PERPlong+0.0054%8h190.66long leg$235x
OKX EWY-USDT-SWAP+0.0055%8h190.68+0.009%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0072%8h190.61−0.029%$296K$12K20xas long as short
KuCoin EWYUSDTMshort+0.0100%8h190.53−0.070%$982K$622K20x
ApeX Omni EWYUSDT+0.0100%1h190.51−0.080%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.66−0.002%$2K$1K20xas long as short
Variational Omni EWY+0.0111%8h190.60−0.032%$1.2M$1.1Mas long as short
Hotstuff EWY-PERP+0.0128%1h190.54−0.065%$29K$12K20xas long as short
BloFin EWY-USDT+0.0133%8h190.66−0.002%$48K$214K50xas long as short
Binance EWYUSDT+0.0149%8h190.62−0.023%$28.5M$76.5M50xas long as short
MEXC EWY_USDT+0.0149%8h190.64−0.012%$6.5M$3.9M100xas long as short
Extended EWY_24_5-USD+0.0152%1h190.60−0.032%$301K$669K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0275%1h190.63−0.017%$2K$13K20xas long as short
edgeX EWYUSDC+0.0856%4h190.59−0.039%$427K$284K20xas long as short