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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h +0.050%
Price spread now: BloFin against Ondo Perps−0.026%7-day average +0.096% · 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+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.026%, 7d avg +0.096%
Together, before fees+0.130%+ 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 BloFin is 0.122% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.096%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P189.170.0050pay 0.0006% / 1h48m 57s$204K$307K10x
ShortBloFin EWY-USDT189.120.0020get 0.0020% / 8h2h 48m$48K$215K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$6.47
Price spread: −0.026% → +0.096%
−$12.24
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.71
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 32 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 BloFin live order book, 32 min ago0.26 bp6.3 bp −$66.9 bp −$6913.2 bp −$1,324doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EWYUSDT0.0000%8h189.13−0.022%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.04−0.068%$299K$425K10xas long as short
Binance EWYUSDT0.0000%8h189.10−0.035%$27.5M$78.2M50xas long as short
Bybit EWYUSDT0.0000%8h189.12−0.026%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.05−0.063%$4.2M$4.1M50xas long as short
Gate EWY_USDT0.0000%8h189.18+0.005%$4.1M$4.0M50xas long as short
MEXC EWY_USDT0.0000%8h189.09−0.042%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h189.15−0.011%$2.7M$2.3M20xas long as short
Variational Omni EWY0.0000%8h189.24+0.038%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.24+0.040%$749K$410K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h189.12−0.026%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h189.05−0.063%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h189.22+0.026%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.15−0.011%$1.7M$37K10xas long as short
BloFin EWY-USDTshort+0.0020%8h189.12−0.026%$48K$215K50x
Lighter EWY+0.0032%1h188.97−0.106%$383K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h188.40−0.407%$524K$287K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.12−0.026%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.18+0.005%$197K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.01−0.085%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.03−0.074%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.98−0.100%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.08−0.048%$734$4K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h189.17long leg$204K$307K10x
Paradex EWY-USD-PERP+0.0052%8h189.13−0.023%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h188.96−0.111%$973K$611K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.22+0.026%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.170.000%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0304%1h189.08−0.048%$28K$12K20xas long as short
edgeX EWYUSDC+0.0654%4h189.12−0.026%$424K$284K20xas long as short