Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.050%
Price spread now: Ondo Perps against GRVT−0.035%53s7-day average −0.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.198%−$20 · spread now −0.035%, 7d avg −0.082%
=Together, before fees−0.228%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board−$23 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 0.047% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.082%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT EWY_USDT_Perp | 186.69 | 0 | get 0.0000% / 8h | 18m 11s | $732K | $422K | 10x |
| Short | Ondo Perps EWY-USD.P | 186.62 | 0.0050 | get 0.0006% / 1h | 18m 11s | $224K | $326K | 10x |
GRVT EWY_USDT_Perp
Ondo Perps EWY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against GRVT. 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: −0.035% → −0.082%
- $4.71
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $1.3
- Costs to cover
- 0.140%
- Break-even
- 6.1 days
Slippage unknown: GRVT: live order book, 20 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 GRVT live order book, 20 min ago | 1.60 bp | 6.4 bp −$6 | 11.3 bp −$113 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.1712% | 1h | 186.57 | −0.062% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | −0.0537% | 8h | 186.75 | +0.034% | $3.0M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0016% | 1h | 186.21 | −0.255% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.67 | −0.006% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.61 | −0.043% | $237K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.64 | −0.024% | $27.0M | $83.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.72 | +0.018% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.63 | −0.030% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.73 | +0.024% | $4.1M | $4.4M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.66 | −0.014% | $7.9M | $4.4M | 100x | as long as short |
Hotstuff EWY-PERP
Bitget EWYUSDT
Vest EWY-USD-PERP
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.65 | −0.018% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perplong | 0.0000% | 8h | 186.69 | long leg | $732K | $422K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 186.48 | −0.110% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.71 | +0.013% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.70 | +0.008% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0004% | 8h | 186.76 | +0.040% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.43 | −0.137% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.69 | +0.002% | $198K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.55 | −0.073% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.54 | −0.078% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.48 | −0.110% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.63 | −0.030% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.Pshort | +0.0050% | 1h | 186.62 | −0.035% | $224K | $326K | 10x | |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.66 | −0.014% | $518K | $255K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 186.69 | +0.003% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.51 | −0.094% | $960K | $601K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.58 | −0.057% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.67 | −0.009% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0340% | 1h | 186.59 | −0.051% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0662% | 4h | 186.56 | −0.070% | $418K | $289K | 20x | as long as short |
Variational Omni EWY
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC