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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0238%/8h= −26.0% APRpaid last 24h −0.050%
Price spread now: Ondo Perps against BloFin0.000%7-day average −0.097% · 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 7 days−0.056%−$6 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.097%
Together, before fees−0.056%+ Points / potential airdropOndo Perps: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.097% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.097%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.056% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT190.240.0288pay 0.0288% / 8h5h 30m$48K$214K50x
ShortOndo Perps EWY-USD.P190.240.0050get 0.0006% / 1h30m 04s$199K$276K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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
−$49.9
Price spread: 0.000% → −0.097%
$9.72
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$57.19
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 8 min ago0.53 bp6.5 bp −$78.0 bp −$8014.4 bp −$1,439doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EWY_USDC-PERPETUAL−0.0065%1h190.18−0.032%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h190.30+0.032%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.26+0.011%$4.1M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.45+0.109%$753K$390K10xas long as short
SunX EWY-USDT0.0000%8h190.240.000%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.19−0.026%$530K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.35+0.058%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.26+0.011%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.18−0.032%$385K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.43+0.100%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.25+0.005%$198K$145K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.16−0.042%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.18−0.032%$51K$58K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.12−0.063%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.26+0.011%$747$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h190.240.000%$199K$276K10x
Paradex EWY-USD-PERP+0.0056%8h190.26+0.013%$235xas long as short
Bitget EWYUSDT+0.0077%8h190.22−0.011%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.27+0.016%$981K$628K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.38+0.074%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.28+0.021%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0115%8h190.27+0.016%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0213%8h190.32+0.042%$295K$12K20xas long as short
Variational Omni EWY+0.0257%8h190.27+0.014%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0288%1h190.21−0.017%$302K$665K10xas long as short
BloFin EWY-USDTlong+0.0288%8h190.24long leg$48K$214K50x
Binance EWYUSDT+0.0289%8h190.26+0.009%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0292%8h190.25+0.005%$6.5M$4.2M100xas long as short
Hotstuff EWY-PERP+0.0360%1h190.23−0.005%$29K$12K20xas long as short
edgeX EWYUSDC+0.0892%4h190.38+0.072%$427K$284K20xas long as short