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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.008%
Price spread now: Popdex against Paradex−0.042%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.042% cheaper against Paradex than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex EWY-USD-PERP189.590.0054pay 0.0054% / 8h3h 39m$235x
ShortPopdex EWYUSDT189.510.0048get 0.0006% / 1h39m 51s$197K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$1.29
Price spread: −0.042% → 0.000%
−$4.17
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$15.86
Costs to cover
0.104%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Popdex: live order book, 14 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 Popdex live order book, 14 min ago0.79 bp5.1 bp −$59.0 bp −$90doesn'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%8h189.48−0.059%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.44−0.079%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.42−0.089%$4.1M$3.3M50xas long as short
Gate EWY_USDT0.0000%8h189.41−0.094%$4.1M$3.8M50xas long as short
Bitget EWYUSDT0.0000%8h189.45−0.073%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.64+0.028%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.68+0.050%$750K$397K10xas long as short
SunX EWY-USDT0.0000%8h189.43−0.084%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.42−0.089%$2K$13K20xas long as short
HTX EWY-USDT0.0000%8h190.08+0.259%$22K$35K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex EWYUSDT0.0000%8h189.47−0.063%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0011%8h189.65+0.032%$47K$213K50xas long as short
Binance EWYUSDT+0.0023%8h189.44−0.079%$27.6M$76.6M50xas long as short
Extended EWY_24_5-USD+0.0024%1h189.36−0.120%$300K$667K10xas long as short
MEXC EWY_USDT+0.0027%8h189.42−0.089%$6.2M$3.8M100xas long as short
Lighter EWY+0.0032%1h189.34−0.131%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.61+0.011%$220K25xas long as short
Popdex EWYUSDTshort+0.0048%1h189.51−0.042%$197K$147K20x
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.127%$530K$291K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.32−0.142%$6.1M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h189.49−0.052%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.32−0.142%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.49−0.052%$750$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.44−0.079%$209K$283K10xas long as short
Paradex EWY-USD-PERPlong+0.0054%8h189.59long leg$235x
KuCoin EWYUSDTM+0.0100%8h189.41−0.094%$975K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.85+0.138%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.45−0.073%$2K$1K20xas long as short
edgeX EWYUSDC+0.0380%4h189.74+0.082%$426K$283K20xas long as short
Hotstuff EWY-PERP+0.0440%1h189.51−0.042%$28K$12K20xas long as short