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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.008%
Price spread now: Ondo Perps against Paradex−0.008%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 · Ondo Perps: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP185.600.0058pay 0.0058% / 8h7h 35m$225x
ShortOndo Perps EWY-USD.P185.580.0050get 0.0006% / 1h35m 11s$234K$334K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$1.54
Price spread: −0.008% → 0.000%
−$0.84
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$11.38
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Ondo Perps: 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 Paradex no order-book sample
Sell Ondo Perps no order-book sample
Paradex and Ondo Perps: 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−0.0522%8h185.71+0.062%$3.1M$2.6M20xas long as short
Hotstuff EWY-PERP−0.0240%1h185.57−0.014%$27K$16K20xas long as short
Vest EWY-USD-PERP−0.0018%1h185.31−0.154%$235K25xas long as short
BloFin EWY-USDT−0.0017%8h185.66+0.035%$48K$219K50xas long as short
Aster EWYUSDT0.0000%8h185.72+0.067%$288K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.60+0.003%$239K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.65+0.029%$26.9M$82.1M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.64+0.024%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.72+0.067%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.64+0.024%$7.6M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h185.61+0.010%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.76+0.090%$728K$421K10xas long as short
SunX EWY-USDT0.0000%8h185.77+0.094%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h185.69+0.051%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.66+0.035%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h185.46−0.073%$376K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.65+0.029%$197K$153K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.51−0.046%$6.2M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h185.56−0.019%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.46−0.073%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.63+0.018%$742$3K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h185.58−0.008%$234K$334K10x
Paradex EWY-USD-PERPlong+0.0058%8h185.60long leg$225x
KuCoin EWYUSDTM+0.0100%8h185.63+0.018%$955K$621K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.65+0.029%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.67+0.040%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.80+0.110%$515K$250K20xas long as short
Bybit EWYUSDT+0.0127%8h185.70+0.056%$4.9M$4.8M100xas long as short
Deribit EWY_USDC-PERPETUAL+0.0289%1h185.60+0.002%$3K$15K20xas long as short
edgeX EWYUSDC+0.0794%4h185.74+0.079%$416K$285K20xas long as short