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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.055%
Price spread now: Binance against Ondo Perps+0.023%7-day average +0.102% · you sell dearer than you buy
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+0.055%+$5 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.023%, 7d avg +0.102%
Together, before fees+0.084%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.079% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.102%). If the spread goes back, that is −$8 on $10k: about 16 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P187.630.0050pay 0.0006% / 1h17m 13s$227K$313K10x
ShortBinance EWYUSDT187.670.0067get 0.0067% / 8h6h 17m$26.3M$83.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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
$3.57
Price spread: +0.023% → +0.102%
−$7.92
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$19.35
Costs to cover
0.150%
Break-even
44.9 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 min ago. 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 Ondo Perps no order-book sample
Sell Binance live order book, 3 min ago0.27 bp5.3 bp −$57.0 bp −$7020.4 bp −$2,043doesn't fit
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 exchanges

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−0.0105%8h187.68+0.027%$3.1M$2.9M20xas long as short
Aster EWYUSDT0.0000%8h187.57−0.034%$290K$14K20xas long as short
Bybit EWYUSDT0.0000%8h187.74+0.059%$4.9M$4.7M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.630.000%$4.0M$4.7M50xas long as short
SunX EWY-USDT0.0000%8h187.42−0.112%$1.8M20xas long as short
Phemex EWYUSDT0.0000%8h187.72+0.048%$1.7M$37K10xas long as short
Variational Omni EWY+0.0018%8h187.61−0.013%$1.2M$909Kas long as short
Lighter EWY+0.0032%1h187.51−0.064%$380K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.76+0.069%$215K25xas long as short
Popdex EWYUSDT+0.0048%1h187.66+0.016%$199K$166K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h187.57−0.032%$5.8M$15.2M20xas long as short
Entropy io:EWY+0.0050%1h187.64+0.005%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.76+0.069%$4K$5K20xas long as short
SoDEX EWY-USD+0.0050%1h187.630.000%$769$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h187.63long leg$227K$313K10x
Paradex EWY-USD-PERP+0.0053%8h187.83+0.108%$235xas long as short
Extended EWY_24_5-USD+0.0064%1h187.59−0.022%$234K$909K10xas long as short
MEXC EWY_USDT+0.0064%8h187.66+0.016%$7.4M$4.3M100xas long as short
Binance EWYUSDTshort+0.0067%8h187.67+0.023%$26.3M$83.3M50x
BloFin EWY-USDT+0.0067%8h187.70+0.037%$48K$228K50xas long as short
Gate EWY_USDT+0.0077%8h187.75+0.064%$4.0M$4.6M50xas long as short
KuCoin EWYUSDTM+0.0100%8h187.52−0.059%$965K$681K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.42−0.112%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.64+0.005%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0104%1h187.65+0.011%$28K$16K20xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h187.79+0.085%$521K$248K20xas long as short
edgeX EWYUSDC+0.0156%4h187.60−0.015%$421K$286K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0177%1h187.62−0.005%$3K$14K20xas long as short
HTX EWY-USDT+0.0226%8h187.74+0.059%$22K$35K20xas long as short
GRVT EWY_USDT_Perp+0.0704%8h187.65+0.008%$735K$410K10xas long as short