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+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h −0.045%
Price spread now: Paradex against Variational Omni−0.017%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 airdropVariational Omni: Active · Paradex: 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY187.020get 0.0000% / 8h34m 17s$1.2M$1.1M
ShortParadex EWY-USD-PERP186.990.0059get 0.0059% / 8h34m 17s$225x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Variational Omni. 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
$12.43
Price spread: −0.017% → 0.000%
−$1.72
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
$6.71
Costs to cover
0.040%
Break-even
3.2 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Paradex: 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 Variational Omni RFQ quote, 5 min ago2.22 bpdoesn't fit4.7 bp −$47doesn't fitdoesn't fit
Sell Paradex no order-book sample
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
Bitget EWYUSDT−0.0434%8h187.10+0.044%$2.8M$2.5M20xas long as short
Hotstuff EWY-PERP−0.0120%1h186.85−0.090%$28K$12K20xas long as short
BloFin EWY-USDT−0.0002%8h187.04+0.011%$48K$217K50xas long as short
Vest EWY-USD-PERP0.0000%1h186.61−0.218%$220K25xas long as short
Aster EWYUSDT0.0000%8h187.03+0.006%$290K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.98−0.018%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h187.00−0.010%$27.2M$82.9M50xas long as short
Bybit EWYUSDT0.0000%8h187.03+0.006%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.93−0.047%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h187.07+0.028%$4.0M$4.3M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h187.00−0.010%$8.5M$4.4M100xas long as short
Variational Omni EWYlong0.0000%8h187.02long leg$1.2M$1.1M
GRVT EWY_USDT_Perp0.0000%8h187.15+0.071%$740K$416K10xas long as short
SunX EWY-USDT0.0000%8h186.89−0.069%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.09+0.038%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.03+0.006%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h186.78−0.128%$379K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h187.04+0.011%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.88−0.074%$6.2M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h186.89−0.069%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.85−0.090%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.97−0.026%$752$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.87−0.079%$223K$332K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.92−0.053%$519K$246K20xas long as short
Paradex EWY-USD-PERPshort+0.0059%8h186.99−0.017%$225x
KuCoin EWYUSDTM+0.0100%8h186.88−0.074%$962K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.08+0.033%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.99−0.015%$2K$1K20xas long as short
edgeX EWYUSDC+0.0524%4h187.06+0.023%$419K$285K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0553%1h186.96−0.031%$2K$14K20xas long as short