Funding you earn now, next payment 09:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h +0.008%
Price spread now: Paradex against Coinbase International+0.195%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Paradex is 0.195% dearer against Coinbase International than usual: you sell high and buy low (spread +0.195% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 187.79 | 0.0128 | pay 0.0016% / 1h | 10m 33s | $521K | $246K | 20x |
| Short | Paradex EWY-USD-PERP | 188.16 | 0.0056 | get 0.0056% / 8h | 6h 10m | $23 | — | 5x |
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.14
- Price spread: +0.195% → 0.000%
- $19.51
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$9.63
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 40 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 40 min ago | 4.54 bp | 9.5 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn'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 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0064% | 8h | 188.04 | +0.133% | $3.1M | $3.0M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0008% | 1h | 187.97 | +0.096% | $28K | $16K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.06 | +0.144% | $5.0M | $4.7M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.97 | +0.096% | $4.0M | $4.7M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.87 | +0.043% | — | $1.8M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 188.03 | +0.128% | $3K | $14K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.07 | +0.149% | $1.7M | $37K | 10x | as long as short |
| Aster EWYUSDT | +0.0023% | 8h | 187.90 | +0.061% | $291K | $14K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.87 | +0.043% | $381K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.17 | +0.202% | — | $215K | 25x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Phemex EWYUSDT
Aster EWYUSDT
Lighter EWY
Vest EWY-USD-PERPShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 188.03 | +0.128% | $200K | $165K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.87 | +0.043% | $5.8M | $15.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.88 | +0.048% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.07 | +0.149% | $4K | $5K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.08 | +0.154% | $766 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.85 | +0.032% | $227K | $310K | 10x | as long as short |
| Paradex EWY-USD-PERPshort | +0.0056% | 8h | 188.16 | +0.195% | $23 | — | 5x | |
| Variational Omni EWY | +0.0077% | 8h | 188.08 | +0.156% | $1.2M | $909K | — | as long as short |
| Gate EWY_USDT | +0.0086% | 8h | 188.12 | +0.176% | $4.0M | $4.7M | 50x | as long as short |
| BloFin EWY-USDT | +0.0093% | 8h | 188.12 | +0.176% | $48K | $230K | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.89 | +0.053% | $966K | $684K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.85 | +0.032% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.13 | +0.181% | $2K | $1K | 20x | as long as short |
| Extended EWY_24_5-USD | +0.0104% | 1h | 187.95 | +0.087% | $234K | $909K | 10x | as long as short |
| MEXC EWY_USDT | +0.0104% | 8h | 188.02 | +0.122% | $7.4M | $4.3M | 100x | as long as short |
| Binance EWYUSDT | +0.0107% | 8h | 188.01 | +0.115% | $26.3M | $83.4M | 50x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0128% | 1h | 187.79 | long leg | $521K | $246K | 20x | |
| HTX EWY-USDT | +0.0284% | 8h | 187.96 | +0.091% | $22K | $35K | 20x | as long as short |
| edgeX EWYUSDC | +0.0732% | 4h | 187.86 | +0.036% | $421K | $287K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0774% | 8h | 188.07 | +0.147% | $737K | $406K | 10x | as long as short |
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Variational Omni EWY
Gate EWY_USDT
BloFin EWY-USDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT
HTX EWY-USDT
edgeX EWYUSDC
GRVT EWY_USDT_Perp