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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.019%
Price spread now: Ondo Perps against Lighter−0.042%7-day average −0.026% · 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+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.042%, 7d avg −0.026%
Together, before fees+0.058%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY189.810.0032pay 0.0004% / 1h18m 10s$377K$62K20x
ShortOndo Perps EWY-USD.P189.730.0050get 0.0006% / 1h18m 10s$243K$207K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter. 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
$3.86
Price spread: −0.042% → −0.026%
−$1.62
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$2.76
Costs to cover
0.050%
Break-even
12.0 days
Slippage unknown: Lighter: live order book, 52 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 Lighter live order book, 52 min ago4.23 bp6.7 bp −$716.8 bp −$16848.8 bp −$4,878doesn'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
Gate EWY_USDT0.0000%8h189.91+0.053%$3.6M$3.0M50xas long as short
SunX EWY-USDT0.0000%8h189.55−0.137%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.92+0.058%$1.7M$37K10xas long as short
Lighter EWYlong+0.0032%1h189.81long leg$377K$62K20x
Vest EWY-USD-PERP+0.0046%1h189.90+0.047%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.93+0.063%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.70−0.058%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.76−0.026%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.90+0.047%$778$3K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h189.73−0.042%$243K$207K10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.69−0.063%$966K$689K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.68−0.068%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.86+0.026%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0136%8h189.99+0.095%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.79−0.011%$528K$341K20xas long as short
Hotstuff EWY-PERP+0.0152%1h189.83+0.011%$28K$12K20xas long as short
tradeXYZ xyz:EWY+0.0154%1h189.88+0.037%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0169%8h189.98+0.090%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0221%8h189.99+0.095%$36K$8K20xas long as short
Bitget EWYUSDT+0.0222%8h189.98+0.090%$2.6M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0323%8h190.00+0.100%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0488%1h189.96+0.079%$2K$13K20xas long as short
Aster EWYUSDT+0.0557%8h189.75−0.032%$294K$12K20xas long as short
edgeX EWYUSDC+0.0600%4h189.62−0.098%$425K$275K20xas long as short
Variational Omni EWY+0.0645%8h189.77−0.021%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0653%8h189.68−0.070%$750K$395K10xas long as short
BloFin EWY-USDT+0.0676%8h189.86+0.026%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.90+0.049%$298K$396K10xas long as short
MEXC EWY_USDT+0.0680%8h189.91+0.053%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0683%8h189.92+0.058%$28.6M$79.8M50xas long as short