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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.063%
Price spread now: edgeX against Ondo Perps+0.002%54s7-day average +0.079% · 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+0.835%+$83 on $10k
Price spread, last 3 days (all we have)+0.083%+$8 · spread now +0.002%, 7d avg +0.079%
Together, before fees+0.918%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.076% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.079%). If the spread goes back, that is −$8 on $10k: about 21 hours of funding at the current rate (+$9 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P189.160.0050pay 0.0006% / 1h3m 56s$221K$182K10x
ShortedgeX EWYUSDC189.160.0335get 0.0167% / 4h1h 03m$424K$274K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$59.71
Price spread: +0.002% → +0.079%
−$7.61
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$38.1
Costs to cover
0.140%
Break-even
2.5 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 15 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 edgeX live order book, 15 min ago5.55 bp10.2 bp −$1014.1 bp −$141doesn't fitdoesn'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
Hotstuff EWY-PERP0.0000%1h189.21+0.026%$28K$12K20xas long as short
Gate EWY_USDT0.0000%8h189.23+0.037%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.10−0.032%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.24+0.042%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.14−0.011%$376K$100K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.26+0.053%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.26+0.053%$194K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.17+0.005%$52K$52K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.08−0.042%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.23+0.037%$785$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps EWY-USD.Plong+0.0050%1h189.16long leg$221K$182K10x
tradeXYZ xyz:EWY+0.0073%1h189.22+0.032%$6.4M$14.8M20xas long as short
Bybit EWYUSDT+0.0090%8h189.39+0.122%$5.2M$4.1M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.160.000%$964K$719K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.11−0.026%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.23+0.037%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.24+0.042%$525K$332K20xas long as short
Paradex EWY-USD-PERP+0.0131%8h189.25+0.050%$235xas long as short
Bitget EWYUSDT+0.0178%8h189.29+0.069%$2.5M$1.5M20xas long as short
HTX EWY-USDT+0.0200%8h189.25+0.048%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0246%8h189.33+0.090%$4.0M$4.0M50xas long as short
edgeX EWYUSDCshort+0.0335%4h189.16+0.002%$424K$274K20x
Deribit EWY_USDC-PERPETUAL+0.0384%1h189.27+0.058%$2K$13K20xas long as short
Aster EWYUSDT+0.0493%8h189.21+0.027%$293K$12K20xas long as short
Variational Omni EWY+0.0574%8h189.18+0.010%$1.5M$983Kas long as short
BloFin EWY-USDT+0.0591%8h189.25+0.048%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0600%1h189.23+0.038%$304K$392K10xas long as short
Binance EWYUSDT+0.0603%8h189.27+0.058%$28.5M$79.7M50xas long as short
MEXC EWY_USDT+0.0605%8h189.27+0.058%$7.5M$4.5M100xas long as short
GRVT EWY_USDT_Perp+0.0663%8h189.28+0.062%$749K$402K10xas long as short