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−0.0326%/8h= −35.7% APRpaid last 24h −0.174%
Price spread now: Paradex against edgeX−0.082%52s7-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 airdropedgeX: Active · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Paradex is 0.082% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EWYUSDC189.740.0380pay 0.0190% / 4h3h 40m$426K$283K20x
ShortParadex EWY-USD-PERP189.590.0054get 0.0054% / 8h3h 40m$235x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against edgeX. 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
−$68.47
Price spread: −0.082% → 0.000%
−$8.17
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$89.64
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 13 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 edgeX live order book, 13 min ago5.26 bp10.2 bp −$1015.1 bp −$151doesn'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
Aster EWYUSDT0.0000%8h189.65−0.051%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.62−0.065%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.59−0.081%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h189.62−0.065%$4.2M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.60−0.076%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.64−0.054%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68−0.032%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.58−0.087%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.177%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.65−0.050%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EWY-USDT+0.0011%8h189.65−0.050%$47K$213K50xas long as short
Extended EWY_24_5-USD+0.0024%1h189.54−0.105%$301K$667K10xas long as short
Binance EWYUSDT+0.0026%8h189.60−0.074%$27.6M$76.6M50xas long as short
MEXC EWY_USDT+0.0027%8h189.57−0.092%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.49−0.134%$384K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.71−0.018%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.64−0.055%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.045%$530K$292K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.50−0.129%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.60−0.076%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.46−0.150%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.64−0.055%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.44−0.160%$209K$283K10xas long as short
Paradex EWY-USD-PERPshort+0.0054%8h189.59−0.082%$235x
KuCoin EWYUSDTM+0.0100%8h189.57−0.092%$976K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.85+0.056%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.60−0.076%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0119%1h189.59−0.081%$2K$13K20xas long as short
edgeX EWYUSDClong+0.0380%4h189.74long leg$426K$283K20x
Hotstuff EWY-PERP+0.0392%1h189.61−0.071%$28K$12K20xas long as short