Funding you earn now, next payment 07:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h +0.008%
Price spread now: Bitget against Ondo Perps+0.123%7-day average +0.095% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.123%, 7d avg +0.095%
=Together, before fees−0.112%+ Points / potential airdropOndo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.028% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of +0.095%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.084% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps EWY-USD.P | 187.55 | 0.0050 | pay 0.0006% / 1h | 31m 23s | $221K | $319K | 10x |
| Short | Bitget EWYUSDT | 187.78 | −0.0222 | pay 0.0222% / 8h | 1h 31m | $2.7M | $2.3M | 20x |
Ondo Perps EWY-USD.P
Bitget EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$57.2
- Price spread: +0.123% → +0.095%
- $2.79
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$71.42
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 1 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 1.33 bp | 9.4 bp −$9 | 14.4 bp −$144 | 29.3 bp −$2,930 | doesn'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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDTshort | −0.0222% | 8h | 187.78 | +0.123% | $2.7M | $2.3M | 20x | |
| BloFin EWY-USDT | −0.0004% | 8h | 187.75 | +0.107% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.72 | +0.093% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.69 | +0.074% | $238K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.73 | +0.094% | $27.2M | $81.6M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.80 | +0.133% | $4.9M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.63 | +0.043% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.76 | +0.112% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.74 | +0.101% | $8.6M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.54 | −0.004% | $1.2M | $1.1M | — | as long as short |
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.81 | +0.140% | $742K | $424K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.64 | +0.048% | — | $2.4M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 187.65 | +0.053% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.76 | +0.112% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.75 | +0.107% | $1.7M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.60 | +0.027% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0042% | 1h | 187.45 | −0.053% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.74 | +0.101% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 187.51 | −0.021% | $520K | $273K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.61 | +0.032% | $6.4M | $14.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.60 | +0.027% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.54 | −0.005% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.71 | +0.085% | $751 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.Plong | +0.0050% | 1h | 187.55 | long leg | $221K | $319K | 10x | |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.72 | +0.088% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.49 | −0.032% | $966K | $591K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.63 | +0.043% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.73 | +0.096% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0200% | 1h | 187.61 | +0.032% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0236% | 4h | 187.75 | +0.105% | $421K | $286K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
edgeX EWYUSDC