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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Ondo Perps against Entropy−0.119%7-day average −0.044% · 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)−0.115%−$11 on $10k
Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.119%, 7d avg −0.044%
Together, before fees+0.006%+ Points / potential airdropOndo Perps: Active · farm board+$1 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 0.075% cheaper against Entropy than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY185.140.0050pay 0.0006% / 1h28m 26s$140K$119K25x
ShortOndo Perps EWY-USD.P184.920.0050get 0.0006% / 1h28m 26s$233K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Entropy. 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
$0.08
Price spread: −0.119% → −0.044%
−$7.47
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$30.39
Costs to cover
0.230%
Break-even
2539.3 days
Slippage unknown: Entropy: live order book, 28 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 Entropy live order book, 28 min ago10.21 bp26.4 bp −$26doesn't fitdoesn'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
Bitget EWYUSDT−0.0499%8h185.23+0.049%$3.1M$2.7M20xas long as short
BloFin EWY-USDT−0.0025%8h185.16+0.011%$48K$219K50xas long as short
Vest EWY-USD-PERP−0.0017%1h184.80−0.184%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.50+0.192%$287K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.18+0.023%$239K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.28+0.076%$26.8M$82.4M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.22+0.043%$4.0M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.25+0.059%$4.0M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.22+0.043%$7.4M$4.5M100xas long as short
Variational Omni EWY0.0000%8h185.32+0.100%$1.1M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h185.30+0.087%$726K$415K10xas long as short
SunX EWY-USDT0.0000%8h185.33+0.103%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h185.28+0.076%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.16+0.011%$1.6M$36K10xas long as short
Bybit EWYUSDT+0.0017%8h185.24+0.054%$4.9M$4.8M100xas long as short
Lighter EWY+0.0032%1h185.00−0.076%$375K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.19+0.027%$194K$158K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.00−0.076%$6.0M$15.2M20xas long as short
Entropy io:EWYlong+0.0050%1h185.14long leg$140K$119K25x
Polymarket Perps EWY-USD+0.0050%1h185.02−0.065%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.11−0.016%$742$3K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h184.92−0.119%$233K$333K10x
Paradex EWY-USD-PERP+0.0057%8h185.14−0.001%$225xas long as short
Deribit EWY_USDC-PERPETUAL+0.0074%1h185.11−0.016%$3K$15K20xas long as short
KuCoin EWYUSDTM+0.0100%8h185.19+0.027%$953K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.27+0.070%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.26+0.065%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.09−0.027%$513K$249K20xas long as short
Hotstuff EWY-PERP+0.0224%1h185.00−0.076%$27K$16K20xas long as short
edgeX EWYUSDC+0.0522%4h185.28+0.077%$415K$286K20xas long as short