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+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Paradex−0.035%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 pays, the price is against you. KuCoin is 0.035% cheaper against Paradex than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP189.350.0054pay 0.0054% / 8h3h 37m$235x
ShortKuCoin EWYUSDTM189.280.0100get 0.0100% / 8h3h 37m$975K$612K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$9.58
Price spread: −0.035% → 0.000%
−$3.46
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$9.88
Costs to cover
0.160%
Break-even
14.2 days
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago7.91 bp91.2 bp −$91doesn't fitdoesn'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 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%8h189.350.000%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.41+0.034%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.40+0.029%$4.1M$3.4M50xas long as short
Gate EWY_USDT0.0000%8h189.38+0.018%$4.1M$3.9M50xas long as short
Bitget EWYUSDT0.0000%8h189.41+0.034%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.64+0.156%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.41+0.035%$749K$400K10xas long as short
SunX EWY-USDT0.0000%8h189.31−0.019%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.52+0.092%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.45+0.055%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EWY_24_5-USD+0.0016%1h189.30−0.025%$300K$667K10xas long as short
Hotstuff EWY-PERP+0.0016%1h189.26−0.045%$28K$12K20xas long as short
Binance EWYUSDT+0.0017%8h189.39+0.025%$27.7M$76.8M50xas long as short
MEXC EWY_USDT+0.0019%8h189.39+0.023%$6.2M$3.8M100xas long as short
BloFin EWY-USDT+0.0030%8h189.46+0.060%$47K$213K50xas long as short
Lighter EWY+0.0032%1h189.21−0.072%$383K$39K20xas long as short
edgeX EWYUSDC+0.0039%4h189.40+0.030%$425K$283K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.32−0.014%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.38+0.018%$197K$146K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.256%$530K$291K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.29−0.029%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.35+0.002%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.19−0.082%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.35+0.002%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.24−0.056%$209K$284K10xas long as short
Paradex EWY-USD-PERPlong+0.0054%8h189.35long leg$235x
KuCoin EWYUSDTMshort+0.0100%8h189.28−0.035%$975K$612K20x
ApeX Omni EWYUSDT+0.0100%1h189.31−0.019%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.32−0.014%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0226%1h189.33−0.008%$2K$13K20xas long as short