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+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.008%
Price spread now: Orderly against Paradex+0.077%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 +$1 a day on $10k at the current rate, and Orderly is 0.077% dearer against Paradex than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP190.540.0081pay 0.0081% / 8h7h 22m$235x
ShortOrderly PERP_EWY_USDC_mythos190.690.0100get 0.0100% / 8h7h 22m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$4.05
Price spread: +0.077% → 0.000%
$7.66
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
$1.71
Costs to cover
0.100%
Break-even
4.0 days
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Orderly no order-book sample
Paradex and Orderly: 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
Bybit EWYUSDT0.0000%8h190.81+0.140%$5.3M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.80+0.134%$4.1M$3.4M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.76+0.115%$755K$375K10xas long as short
SunX EWY-USDT0.0000%8h190.50−0.023%$2.6M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.57+0.014%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.80+0.134%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h190.70+0.082%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.64+0.050%$379K$56K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.81+0.140%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.59+0.024%$195K$143K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h190.71+0.087%$6.3M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h190.53−0.007%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.44−0.055%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.66+0.061%$451$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.64+0.050%$230K$233K10xas long as short
Paradex EWY-USD-PERPlong+0.0081%8h190.54long leg$235x
KuCoin EWYUSDTM+0.0100%8h190.61+0.035%$982K$664K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.62+0.040%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h190.69+0.077%$2K$1K20x
Coinbase International EWY-PERP-INTX+0.0144%1h190.67+0.066%$532K$340K20xas long as short
OKX EWY-USDT-SWAP+0.0291%8h190.84+0.155%$4.2M$3.6M50xas long as short
Bitget EWYUSDT+0.0376%8h190.81+0.140%$2.7M$1.6M20xas long as short
Aster EWYUSDT+0.0499%8h190.85+0.162%$296K$12K20xas long as short
BloFin EWY-USDT+0.0589%8h190.63+0.045%$47K$214K50xas long as short
Variational Omni EWY+0.0592%8h190.74+0.105%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0616%1h190.78+0.123%$304K$717K10xas long as short
Binance EWYUSDT+0.0617%8h190.80+0.135%$28.6M$78.0M50xas long as short
edgeX EWYUSDC+0.0618%4h190.69+0.078%$427K$282K20xas long as short
MEXC EWY_USDT+0.0619%8h190.79+0.129%$7.4M$4.5M100xas long as short
Hotstuff EWY-PERP+0.0680%1h190.47−0.039%$29K$12K20xas long as short