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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0009%/8h= −0.9% APRpaid last 24h −0.009%
Price spread now: Popdex against Paradex−0.105%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: Popdex is 0.105% cheaper against Paradex than usual: you would sell low and buy high, −$10 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-PERP189.090.0057pay 0.0057% / 8h5h 59m$235x
ShortPopdex EWYUSDT188.890.0048get 0.0006% / 1h59m 24s$201K$166K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$1.8
Price spread: −0.105% → 0.000%
−$10.48
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$22.68
Costs to cover
0.104%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Popdex: live order book, 52 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 Popdex live order book, 52 min ago1.07 bp4.8 bp −$59.4 bp −$94doesn'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 exchanges

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−7.2752%1h187.39−0.898%$28K$16K20xas long as short
Bitget EWYUSDT−0.0004%8h188.89−0.105%$3.1M$3.1M20xas long as short
Bybit EWYUSDT0.0000%8h188.97−0.063%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.91−0.094%$4.0M$4.9M50xas long as short
SunX EWY-USDT0.0000%8h188.68−0.216%$1.8M20xas long as short
Phemex EWYUSDT0.0000%8h188.90−0.100%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.85−0.126%$383K$45K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.09+0.001%$222K25xas long as short
Popdex EWYUSDTshort+0.0048%1h188.89−0.105%$201K$166K20x
tradeXYZ xyz:EWY+0.0050%1h188.77−0.168%$5.9M$15.5M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.72−0.195%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.02−0.036%$4K$5K20xas long as short
SoDEX EWY-USD+0.0050%1h188.82−0.142%$767$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.82−0.142%$226K$314K10xas long as short
Paradex EWY-USD-PERPlong+0.0057%8h189.09long leg$235x
Aster EWYUSDT+0.0077%8h188.82−0.141%$292K$14K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.80−0.152%$971K$691K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.55−0.285%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.00−0.047%$2K$1K20xas long as short
Gate EWY_USDT+0.0103%8h189.00−0.047%$4.0M$4.7M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0121%1h188.98−0.057%$3K$13K20xas long as short
edgeX EWYUSDC+0.0121%4h188.56−0.280%$423K$290K20xas long as short
Variational Omni EWY+0.0128%8h188.61−0.253%$1.1M$931Kas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.38−0.375%$523K$247K20xas long as short
Extended EWY_24_5-USD+0.0160%1h188.89−0.106%$235K$909K10xas long as short
MEXC EWY_USDT+0.0162%8h188.88−0.110%$7.3M$4.3M100xas long as short
Binance EWYUSDT+0.0167%8h188.90−0.100%$26.4M$86.4M50xas long as short
BloFin EWY-USDT+0.0171%8h188.67−0.221%$48K$232K50xas long as short
HTX EWY-USDT+0.0318%8h188.86−0.121%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.0834%8h188.35−0.392%$738K$407K10xas long as short