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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 189.93 | 0 | get 0.0000% / 8h | 6h 04m | $4.0M | $3.6M | 50x |
| Short | Ondo Perps EWY-USD.P | 189.90 | 0.0050 | get 0.0006% / 1h | 4m 38s | $197K | $274K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 2.90 bp | 13.4 bp −$13 | 22.5 bp −$225 | 44.3 bp −$4,425 | 80.2 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 189.99 | +0.032% | $5.1M | $4.4M | 100x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 189.93 | long leg | $4.0M | $3.6M | 50x | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.58 | −0.184% | $749K | $391K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.91 | −0.011% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.00 | +0.037% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.89 | −0.021% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.64 | −0.153% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.08 | +0.079% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.94 | +0.005% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.56 | −0.195% | $529K | $323K | 20x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | +0.0049% | 8h | 189.92 | −0.005% | $2.7M | $1.9M | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.90 | −0.016% | $6.1M | $14.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.74 | −0.100% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.78 | −0.079% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.91 | −0.011% | $740 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.Pshort | +0.0050% | 1h | 189.90 | −0.016% | $197K | $274K | 10x | |
| Paradex EWY-USD-PERP | +0.0062% | 8h | 189.94 | +0.007% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.79 | −0.074% | $977K | $629K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.83 | −0.053% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.91 | −0.011% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0164% | 8h | 189.95 | +0.011% | $4.1M | $3.5M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0216% | 1h | 189.89 | −0.021% | $28K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0304% | 8h | 189.90 | −0.018% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0370% | 8h | 189.94 | +0.006% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0392% | 1h | 189.88 | −0.024% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDT | +0.0395% | 8h | 189.93 | 0.000% | $28.3M | $77.3M | 50x | as long as short |
| MEXC EWY_USDT | +0.0395% | 8h | 189.94 | +0.005% | $7.0M | $4.3M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0594% | 1h | 189.81 | −0.063% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0867% | 4h | 189.87 | −0.031% | $425K | $283K | 20x | as long as short |
Gate EWY_USDT
Bybit EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC