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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0222%/8h= −24.3% APRnext payment $0.28 per $10,000 · paid last 24h +0.027%
Price spread now: Deribit against Ondo Perps−0.084%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.084% cheaper against Ondo Perps than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P189.810.0050pay 0.0006% / 1h41m 46s$230K$231K10x
ShortDeribit EWY_USDC-PERPETUAL189.65−0.0172pay 0.0021% / 1h41m 46s$2K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$46.63
Price spread: −0.084% → 0.000%
−$8.43
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$67.06
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Deribit: 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 Ondo Perps no order-book sample
Sell Deribit no order-book sample
Ondo Perps and Deribit: 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
Deribit EWY_USDC-PERPETUALshort−0.0172%1h189.65−0.084%$2K$13K20x
Bybit EWYUSDT0.0000%8h189.78−0.016%$5.2M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.76−0.026%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.99+0.094%$751K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.77−0.021%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.79−0.011%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.74−0.037%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.58−0.121%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.92+0.058%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.73−0.042%$197K$143K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h190.28+0.248%$531K$337K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.68−0.068%$6.3M$14.1M20xas long as short
Entropy io:EWY+0.0050%1h189.89+0.042%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.58−0.121%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.75−0.032%$606$4K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h189.81long leg$230K$231K10x
Paradex EWY-USD-PERP+0.0062%8h189.74−0.035%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h189.79−0.011%$978K$634K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.15+0.179%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.80−0.005%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0230%8h189.74−0.037%$4.1M$3.4M50xas long as short
Hotstuff EWY-PERP+0.0248%1h189.71−0.053%$28K$12K20xas long as short
Bitget EWYUSDT+0.0350%8h189.74−0.037%$2.8M$1.8M20xas long as short
Aster EWYUSDT+0.0419%8h189.84+0.015%$294K$12K20xas long as short
Variational Omni EWY+0.0518%8h190.19+0.198%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0528%8h189.70−0.056%$28.4M$77.4M50xas long as short
Extended EWY_24_5-USD+0.0528%1h189.69−0.061%$304K$670K10xas long as short
MEXC EWY_USDT+0.0531%8h189.77−0.021%$7.0M$4.1M100xas long as short
BloFin EWY-USDT+0.0565%8h190.43+0.327%$2K$214K50xas long as short
edgeX EWYUSDC+0.0976%4h190.18+0.194%$426K$283K20xas long as short