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+0.0218%/8h= +23.9% APRnext payment +$2.18 per $10,000 · paid last 24h +0.048%
Price spread now: MEXC against Paradex−0.007%46s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP190.130.0056pay 0.0056% / 8h5h 24m$235x
ShortMEXC EWY_USDT190.120.0274get 0.0274% / 8h5h 24m$6.5M$4.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$45.83
Price spread: −0.007% → 0.000%
−$0.65
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee MEXC: 0 bp × 2 orders
$0
Net
$41.18
Costs to cover
0.040%
Break-even
0.7 days
Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago0.26 bp0.3 bp $00.3 bp −$32.8 bp −$27989.0 bp −$44.5K
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%8h190.19+0.030%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.14+0.004%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.11−0.012%$751K$391K10xas long as short
SunX EWY-USDT0.0000%8h190.17+0.020%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.09−0.022%$530K$310K20xas long as short
HTX EWY-USDT0.0000%8h190.35+0.114%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.10−0.017%$1.7M$38K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0013%1h190.04−0.049%$2K$13K20xas long as short
Lighter EWY+0.0032%1h189.96−0.091%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.29+0.083%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.11−0.012%$197K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.05−0.043%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.09−0.022%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.95−0.096%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.09−0.022%$747$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.14+0.004%$198K$265K10xas long as short
Paradex EWY-USD-PERPlong+0.0056%8h190.13long leg$235x
Bitget EWYUSDT+0.0064%8h190.16+0.015%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.13−0.001%$979K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.13−0.001%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.13−0.001%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0106%8h190.13−0.001%$4.1M$3.5M50xas long as short
Hotstuff EWY-PERP+0.0120%1h190.07−0.033%$28K$12K20xas long as short
Aster EWYUSDT+0.0193%8h190.16+0.015%$295K$12K20xas long as short
Variational Omni EWY+0.0237%8h190.09−0.024%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0266%8h190.17+0.020%$28.4M$77.0M50xas long as short
Extended EWY_24_5-USD+0.0272%1h190.06−0.037%$302K$665K10xas long as short
MEXC EWY_USDTshort+0.0274%8h190.12−0.007%$6.5M$4.2M100x
BloFin EWY-USDT+0.0289%8h190.08−0.028%$48K$214K50xas long as short
edgeX EWYUSDC+0.0815%4h190.08−0.028%$426K$282K20xas long as short