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−0.0009%/8h= −1.0% APRpaid last 24h −0.007%
Price spread now: tradeXYZ against Paradex−0.074%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 · tradeXYZ: 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: tradeXYZ is 0.074% cheaper against Paradex than usual: you would sell low and buy high, −$7 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-PERP186.850.0059pay 0.0059% / 8h30m 40s$225x
ShorttradeXYZ xyz:EWY186.710.0050get 0.0006% / 1h30m 40s$6.4M$14.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$1.9
Price spread: −0.074% → 0.000%
−$7.38
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$31.28
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago0.54 bp10.5 bp −$1112.2 bp −$122doesn'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
Bitget EWYUSDT−0.0454%8h186.98+0.071%$2.9M$2.5M20xas long as short
BloFin EWY-USDT−0.0025%8h186.97+0.065%$48K$217K50xas long as short
Vest EWY-USD-PERP−0.0003%1h186.53−0.170%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.93+0.044%$290K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.83−0.010%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.86+0.009%$27.2M$83.0M50xas long as short
Bybit EWYUSDT0.0000%8h186.92+0.039%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.82−0.015%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.96+0.060%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h186.88+0.017%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.89+0.023%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.00+0.079%$739K$416K10xas long as short
SunX EWY-USDT0.0000%8h186.76−0.047%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.09+0.130%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.97+0.065%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h186.71−0.074%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.88+0.017%$197K$153K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h186.71−0.074%$6.4M$14.6M20x
Entropy io:EWY+0.0050%1h186.81−0.020%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.80−0.026%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.92+0.039%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.76−0.047%$224K$334K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.84−0.004%$518K$250K20xas long as short
Paradex EWY-USD-PERPlong+0.0059%8h186.85long leg$225x
KuCoin EWYUSDTM+0.0100%8h186.79−0.031%$962K$602K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.77−0.042%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.95+0.055%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0125%1h186.96+0.060%$2K$14K20xas long as short
Hotstuff EWY-PERP+0.0720%1h186.88+0.017%$28K$12K20xas long as short
edgeX EWYUSDC+0.0823%4h186.98+0.072%$419K$286K20xas long as short