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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Gate−0.016%7-day average −0.099% · 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+0.121%+$12 on $10k
Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.016%, 7d avg −0.099%
Together, before fees+0.037%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.084% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT189.930get 0.0000% / 8h6h 04m$4.0M$3.6M50x
ShortOndo Perps EWY-USD.P189.900.0050get 0.0006% / 1h4m 38s$197K$274K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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
$10.58
Price spread: −0.016% → −0.099%
$8.36
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$1.05
Costs to cover
0.200%
Break-even
7.7 days
Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago2.90 bp13.4 bp −$1322.5 bp −$22544.3 bp −$4,42580.2 bp −$40.1K
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 29 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
Bybit EWYUSDT0.0000%8h189.99+0.032%$5.1M$4.4M100xas long as short
Gate EWY_USDTlong0.0000%8h189.93long leg$4.0M$3.6M50x
GRVT EWY_USDT_Perp0.0000%8h189.58−0.184%$749K$391K10xas long as short
SunX EWY-USDT0.0000%8h189.91−0.011%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.00+0.037%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h189.89−0.021%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.64−0.153%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.08+0.079%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.94+0.005%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.56−0.195%$529K$323K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget EWYUSDT+0.0049%8h189.92−0.005%$2.7M$1.9M20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.90−0.016%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.74−0.100%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.78−0.079%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.91−0.011%$740$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h189.90−0.016%$197K$274K10x
Paradex EWY-USD-PERP+0.0062%8h189.94+0.007%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.79−0.074%$977K$629K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.83−0.053%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.91−0.011%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0164%8h189.95+0.011%$4.1M$3.5M50xas long as short
Hotstuff EWY-PERP+0.0216%1h189.89−0.021%$28K$12K20xas long as short
Aster EWYUSDT+0.0304%8h189.90−0.018%$294K$12K20xas long as short
Variational Omni EWY+0.0370%8h189.94+0.006%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0392%1h189.88−0.024%$302K$665K10xas long as short
Binance EWYUSDT+0.0395%8h189.930.000%$28.3M$77.3M50xas long as short
MEXC EWY_USDT+0.0395%8h189.94+0.005%$7.0M$4.3M100xas long as short
Deribit EWY_USDC-PERPETUAL+0.0594%1h189.81−0.063%$2K$13K20xas long as short
edgeX EWYUSDC+0.0867%4h189.87−0.031%$425K$283K20xas long as short