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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h −0.023%
Price spread now: Paradex against Deribit+0.148%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.148% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL189.850get 0.0000% / 1h46m 18s$2K$13K20x
ShortParadex EWY-USD-PERP190.130.0058get 0.0058% / 8h5h 46m$235x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Deribit. 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
$12.27
Price spread: +0.148% → 0.000%
$14.75
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
$16.03
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample
Sell Paradex no order-book sample
Deribit and 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
Hotstuff EWY-PERP−0.0016%1h190.02+0.090%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.97+0.063%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.00+0.079%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.45+0.318%$753K$388K10xas long as short
SunX EWY-USDT0.0000%8h189.94+0.047%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUALlong0.0000%1h189.85long leg$2K$13K20x
Coinbase International EWY-PERP-INTX0.0000%1h190.19+0.179%$530K$318K20xas long as short
HTX EWY-USDT0.0000%8h190.13+0.147%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.02+0.090%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.850.000%$385K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.21+0.190%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.03+0.095%$197K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.90+0.026%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.16+0.163%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.84−0.005%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.02+0.090%$744$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.06+0.111%$197K$274K10xas long as short
Paradex EWY-USD-PERPshort+0.0058%8h190.13+0.148%$235x
Bitget EWYUSDT+0.0088%8h190.07+0.116%$2.7M$1.9M20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.94+0.047%$979K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.25+0.211%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.92+0.037%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0129%8h190.04+0.100%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0254%8h189.95+0.055%$295K$12K20xas long as short
Variational Omni EWY+0.0325%8h190.41+0.294%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0334%8h190.00+0.080%$28.3M$77.0M50xas long as short
Extended EWY_24_5-USD+0.0336%1h189.96+0.057%$302K$665K10xas long as short
BloFin EWY-USDT+0.0339%8h190.11+0.137%$214K50xas long as short
MEXC EWY_USDT+0.0339%8h190.00+0.079%$6.4M$4.2M100xas long as short
edgeX EWYUSDC+0.0542%4h190.27+0.220%$426K$284K20xas long as short