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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.049%
Price spread now: Paradex against Polymarket Perps+0.124%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 +$3 a day on $10k at the current rate, and Paradex is 0.124% dearer against Polymarket Perps than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps EWY-USD189.360.0050pay 0.0006% / 1h13m 01s$4K$8120x
ShortParadex EWY-USD-PERP189.600.0134get 0.0134% / 8h13m 01s$235x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Polymarket Perps. 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
$17.6
Price spread: +0.124% → 0.000%
$12.45
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
$18.05
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Polymarket Perps: no order-book sample; Paradex: 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 Polymarket Perps no order-book sample
Sell Paradex no order-book sample
Polymarket Perps and 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
Gate EWY_USDT0.0000%8h189.62+0.137%$3.8M$3.1M50xas long as short
SunX EWY-USDT0.0000%8h189.25−0.058%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.58+0.116%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.360.000%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.63+0.143%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.52+0.084%$194K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.55+0.100%$51K$57K25xas long as short
Polymarket Perps EWY-USDlong+0.0050%1h189.36long leg$4K$8120x
SoDEX EWY-USD+0.0050%1h189.50+0.074%$771$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.33−0.016%$243K$200K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.56+0.106%$966K$687K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.79+0.227%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.51+0.079%$2K$1K20xas long as short
Paradex EWY-USD-PERPshort+0.0134%8h189.60+0.124%$235x
Coinbase International EWY-PERP-INTX+0.0144%1h189.41+0.026%$527K$340K20xas long as short
tradeXYZ xyz:EWY+0.0146%1h189.50+0.074%$6.6M$14.8M20xas long as short
Bybit EWYUSDT+0.0173%8h189.63+0.143%$5.3M$4.1M100xas long as short
Bitget EWYUSDT+0.0224%8h189.62+0.137%$2.6M$1.5M20xas long as short
HTX EWY-USDT+0.0224%8h189.99+0.333%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0320%1h189.38+0.011%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0328%8h189.61+0.132%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0567%8h189.46+0.052%$294K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0595%1h189.53+0.090%$2K$13K20xas long as short
Variational Omni EWY+0.0661%8h189.82+0.242%$1.5M$972Kas long as short
GRVT EWY_USDT_Perp+0.0661%8h189.90+0.287%$751K$395K10xas long as short
BloFin EWY-USDT+0.0668%8h189.49+0.069%$47K$213K50xas long as short
MEXC EWY_USDT+0.0694%8h189.57+0.111%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0695%8h189.58+0.115%$28.5M$78.9M50xas long as short
Extended EWY_24_5-USD+0.0696%1h189.51+0.080%$298K$396K10xas long as short
edgeX EWYUSDC+0.0775%4h189.81+0.235%$425K$276K20xas long as short