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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Ondo Perps against Coinbase International−0.111%7-day average −0.015% · 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 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.111%, 7d avg −0.015%
Together, before fees+0.075%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.096% cheaper against Coinbase International than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EWY-PERP-INTX189.500.0048pay 0.0006% / 1h22m 40s$527K$291K20x
ShortOndo Perps EWY-USD.P189.290.0050get 0.0006% / 1h22m 40s$201K$302K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. 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
$0.5
Price spread: −0.111% → −0.015%
−$9.59
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$24.09
Costs to cover
0.150%
Break-even
341.5 days
Slippage unknown: Coinbase International: live order book, 30 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 Coinbase International live order book, 30 min ago4.21 bp9.3 bp −$912.5 bp −$125doesn't fitdoesn'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−0.0173%1h189.16−0.179%$2K$14K20xas long as short
BloFin EWY-USDT−0.0030%8h189.24−0.137%$48K$214K50xas long as short
Aster EWYUSDT0.0000%8h189.35−0.077%$294K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.21−0.154%$300K$667K10xas long as short
Binance EWYUSDT0.0000%8h189.27−0.123%$27.6M$77.4M50xas long as short
Bybit EWYUSDT0.0000%8h189.30−0.106%$5.1M$4.3M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.23−0.142%$4.3M$4.0M50xas long as short
Gate EWY_USDT0.0000%8h189.24−0.137%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h189.26−0.127%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h189.30−0.106%$2.7M$2.2M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h189.37−0.069%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.39−0.059%$749K$402K10xas long as short
SunX EWY-USDT0.0000%8h189.33−0.090%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.44−0.032%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.23−0.142%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.12−0.201%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.32−0.095%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.27−0.121%$198K$147K20xas long as short
Coinbase International EWY-PERP-INTXlong+0.0048%1h189.50long leg$527K$291K20x
tradeXYZ xyz:EWY+0.0050%1h189.11−0.206%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.33−0.090%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.06−0.232%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.26−0.127%$735$4K10xas long as short
Paradex EWY-USD-PERP+0.0050%8h189.26−0.128%$235xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h189.29−0.111%$201K$302K10x
KuCoin EWYUSDTM+0.0100%8h189.27−0.121%$974K$612K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.45−0.026%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.28−0.116%$2K$1K20xas long as short
edgeX EWYUSDC+0.0309%4h189.49−0.006%$425K$283K20xas long as short
Hotstuff EWY-PERP+0.0504%1h189.30−0.106%$28K$12K20xas long as short