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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against KuCoin−0.246%7-day average −0.037% · 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−0.085%−$8 on $10k
Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.246%, 7d avg −0.037%
Together, before fees+0.126%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.209% cheaper against KuCoin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM186.780.0100pay 0.0100% / 8h7h 59m$962K$604K20x
ShortOndo Perps EWY-USD.P186.320.0050get 0.0006% / 1h59m 21s$233K$335K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against KuCoin. 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
−$10.42
Price spread: −0.246% → −0.037%
−$20.9
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$48.31
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 25 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 KuCoin live order book, 25 min ago5.10 bp346.4 bp −$346doesn'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−0.0622%8h186.04−0.396%$3.1M$2.6M20xas long as short
Entropy io:EWY−0.0359%1h186.26−0.278%$141K$120K25xas long as short
Vest EWY-USD-PERP−0.0034%1h185.80−0.525%$220K25xas long as short
BloFin EWY-USDT−0.0027%8h186.23−0.294%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h186.29−0.264%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.18−0.322%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.20−0.311%$27.0M$83.5M50xas long as short
Bybit EWYUSDT0.0000%8h186.32−0.246%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.26−0.278%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.38−0.214%$4.1M$4.3M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h186.20−0.311%$7.8M$4.4M100xas long as short
Variational Omni EWY0.0000%8h186.38−0.214%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.42−0.193%$731K$420K10xas long as short
SunX EWY-USDT0.0000%8h186.37−0.220%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h186.22−0.300%$3K$15K20xas long as short
HTX EWY-USDT0.0000%8h186.35−0.230%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.22−0.300%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h186.01−0.412%$377K$40K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.16−0.332%$6.4M$14.7M20xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.23−0.294%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.23−0.294%$745$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h186.32−0.246%$233K$335K10x
Paradex EWY-USD-PERP+0.0061%8h186.38−0.212%$225xas long as short
Hotstuff EWY-PERP+0.0096%1h186.27−0.273%$28K$15K20xas long as short
KuCoin EWYUSDTMlong+0.0100%8h186.78long leg$962K$604K20x
ApeX Omni EWYUSDT+0.0100%1h186.48−0.161%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.28−0.268%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h186.23−0.294%$517K$251K20xas long as short
Popdex EWYUSDT+0.0184%1h186.25−0.284%$198K$153K20xas long as short
edgeX EWYUSDC+0.0950%4h186.45−0.177%$418K$286K20xas long as short