Funding you earn now, next payment 16:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.56 per $10,000 · paid last 24h −0.023%
Price spread now: Phemex against Paradex+0.149%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Phemex is 0.149% dearer against Paradex than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex EWY-USD-PERP | 188.48 | 0.0056 | pay 0.0056% / 8h | 6h 02m | $23 | — | 5x |
| Short | Phemex EWYUSDT | 188.76 | 0 | get 0.0000% / 8h | 6h 02m | $1.7M | $37K | 10x |
Paradex EWY-USD-PERP
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.78
- Price spread: +0.149% → 0.000%
- $14.9
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$12.88
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Phemex: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 4 min ago | 5.03 bp | 64.5 bp −$64 | doesn't fit | doesn't fit | doesn'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 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −5.2952% | 1h | 187.20 | −0.679% | $28K | $16K | 20x | as long as short |
| Bitget EWYUSDT | −0.0026% | 8h | 188.84 | +0.191% | $3.1M | $3.1M | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.63 | +0.080% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.53 | +0.027% | $4.0M | $4.9M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.02 | −0.244% | — | $1.8M | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 188.76 | +0.149% | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 188.55 | +0.038% | $382K | $45K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.58 | +0.053% | — | $215K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.33 | −0.079% | $200K | $165K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.65 | +0.091% | $5.9M | $15.4M | 20x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWYShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 188.49 | +0.006% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.40 | −0.042% | $4K | $5K | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.50 | +0.011% | $770 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.13 | −0.185% | $227K | $312K | 10x | as long as short |
| Paradex EWY-USD-PERPlong | +0.0056% | 8h | 188.48 | long leg | $23 | — | 5x | |
| Aster EWYUSDT | +0.0059% | 8h | 188.65 | +0.090% | $292K | $14K | 20x | as long as short |
| Gate EWY_USDT | +0.0097% | 8h | 188.82 | +0.181% | $4.0M | $4.8M | 50x | as long as short |
| Variational Omni EWY | +0.0100% | 8h | 188.82 | +0.181% | $1.1M | $931K | — | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.63 | +0.080% | $970K | $690K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.59 | +0.059% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.40 | −0.042% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 188.36 | −0.063% | $523K | $246K | 20x | as long as short |
| MEXC EWY_USDT | +0.0142% | 8h | 188.80 | +0.170% | $7.3M | $4.4M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0144% | 1h | 188.75 | +0.144% | $235K | $909K | 10x | as long as short |
| BloFin EWY-USDT | +0.0145% | 8h | 188.81 | +0.176% | $48K | $233K | 50x | as long as short |
| Binance EWYUSDT | +0.0150% | 8h | 188.65 | +0.091% | $26.3M | $86.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0281% | 1h | 188.43 | −0.026% | $3K | $13K | 20x | as long as short |
| HTX EWY-USDT | +0.0306% | 8h | 188.80 | +0.170% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.0812% | 8h | 188.39 | −0.046% | $739K | $407K | 10x | as long as short |
| edgeX EWYUSDC | +0.0911% | 4h | 188.78 | +0.157% | $423K | $286K | 20x | as long as short |
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Aster EWYUSDT
Gate EWY_USDT
Variational Omni EWY
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
MEXC EWY_USDT
Extended EWY_24_5-USD
BloFin EWY-USDT
Binance EWYUSDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
GRVT EWY_USDT_Perp
edgeX EWYUSDC