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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.050%
Price spread now: GRVT against Ondo Perps+0.206%7-day average +0.082% · 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+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.206%, 7d avg +0.082%
Together, before fees−0.018%+ Points / potential airdropOndo Perps: Active · GRVT: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.124% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.206% now, against its 7-day average of +0.082%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P184.920.0050pay 0.0006% / 1h28m 47s$233K$333K10x
ShortGRVT EWY_USDT_Perp185.300get 0.0000% / 8h7h 28m$726K$415K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$10.58
Price spread: +0.206% → +0.082%
$12.43
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$12.15
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; GRVT: live order book, 4 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 GRVT live order book, 4 min ago1.89 bp6.4 bp −$612.8 bp −$128doesn'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
Bitget EWYUSDT−0.0503%8h185.19+0.146%$3.1M$2.7M20xas long as short
BloFin EWY-USDT−0.0025%8h185.16+0.130%$48K$219K50xas long as short
Vest EWY-USD-PERP−0.0017%1h184.80−0.065%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.43+0.275%$287K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.11+0.105%$239K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.18+0.141%$26.8M$82.2M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.17+0.135%$4.0M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.18+0.141%$4.0M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.15+0.124%$7.6M$4.4M100xas long as short
Variational Omni EWY0.0000%8h185.32+0.219%$1.1M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perpshort0.0000%8h185.30+0.206%$726K$415K10x
SunX EWY-USDT0.0000%8h185.33+0.222%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h185.28+0.195%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.16+0.130%$1.6M$36K10xas long as short
Bybit EWYUSDT+0.0017%8h185.20+0.151%$4.9M$4.8M100xas long as short
Lighter EWY+0.0032%1h185.00+0.043%$375K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.16+0.130%$194K$164K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h184.99+0.038%$6.0M$15.2M20xas long as short
Entropy io:EWY+0.0050%1h185.14+0.119%$140K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.01+0.049%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.11+0.103%$742$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h184.92long leg$233K$333K10x
Paradex EWY-USD-PERP+0.0057%8h185.15+0.125%$225xas long as short
Deribit EWY_USDC-PERPETUAL+0.0074%1h185.11+0.103%$3K$15K20xas long as short
KuCoin EWYUSDTM+0.0100%8h185.20+0.151%$954K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.27+0.189%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.15+0.124%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.09+0.092%$513K$249K20xas long as short
Hotstuff EWY-PERP+0.0296%1h185.02+0.054%$27K$16K20xas long as short
edgeX EWYUSDC+0.0522%4h185.28+0.196%$415K$286K20xas long as short