Funding you earn now, next payment 01:00 UTC−0.0261%/8h= −28.5% APRpaid last 24h −0.008%
Price spread now: Ondo Perps against Bitget−0.042%50s7-day average −0.097% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.042%, 7d avg −0.097%
=Together, before fees+0.031%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.055% dearer against Bitget than usual: you sell high and buy low (spread −0.042% now, against its 7-day average of −0.097%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.083%, so the current rate has only just turned against you. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EWYUSDT | 190.22 | 0.0311 | pay 0.0311% / 8h | 7h 36m | $2.7M | $1.6M | 20x |
| Short | Ondo Perps EWY-USD.P | 190.14 | 0.0050 | get 0.0006% / 1h | 36m 42s | $241K | $231K | 10x |
Bitget EWYUSDT
Ondo Perps EWY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bitget. 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
- −$54.73
- Price spread: −0.042% → −0.097%
- $5.49
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$66.23
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 6 min ago; Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 6 min ago | 0.79 bp | 11.7 bp −$12 | 18.7 bp −$187 | 34.4 bp −$3,439 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.22 | 0.000% | $5.3M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.20 | −0.011% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.21 | −0.005% | $753K | $387K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.21 | −0.005% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.17 | −0.026% | $26K | $28K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.20 | −0.011% | $1.7M | $37K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0013% | 1h | 190.33 | +0.058% | $2K | $13K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.09 | −0.068% | $379K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.44 | +0.116% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.28 | +0.032% | $196K | $142K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Deribit EWY_USDC-PERPETUAL
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.16 | −0.032% | $6.3M | $14.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.10 | −0.063% | $52K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.14 | −0.042% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.26 | +0.021% | $795 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.Pshort | +0.0050% | 1h | 190.14 | −0.042% | $241K | $231K | 10x | |
| Paradex EWY-USD-PERP | +0.0092% | 8h | 190.29 | +0.035% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.03 | −0.100% | $979K | $671K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.28 | +0.032% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.31 | +0.047% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.77 | −0.237% | $530K | $338K | 20x | as long as short |
| Bitget EWYUSDTlong | +0.0311% | 8h | 190.22 | long leg | $2.7M | $1.6M | 20x | |
| OKX EWY-USDT-SWAP | +0.0319% | 8h | 190.25 | +0.016% | $4.1M | $3.6M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0344% | 1h | 190.24 | +0.011% | $29K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0524% | 8h | 190.28 | +0.033% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0635% | 8h | 190.04 | −0.097% | $1.2M | $1.3M | — | as long as short |
| Binance EWYUSDT | +0.0650% | 8h | 190.21 | −0.006% | $28.7M | $77.9M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0656% | 1h | 190.20 | −0.013% | $301K | $654K | 10x | as long as short |
| MEXC EWY_USDT | +0.0656% | 8h | 190.19 | −0.016% | $7.6M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0679% | 8h | 190.26 | +0.021% | $47K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0700% | 4h | 190.18 | −0.023% | $426K | $282K | 20x | as long as short |
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC