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+0.0094%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h −0.542%
Price spread now: Hotstuff against Ondo Perps−0.079%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 · Hotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.079% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P189.170.0050pay 0.0006% / 1h51m 21s$204K$307K10x
ShortHotstuff EWY-PERP189.020.0144get 0.0018% / 1h51m 21s$28K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$19.66
Price spread: −0.079% → 0.000%
−$7.93
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$1.73
Costs to cover
0.100%
Break-even
6.4 days
Slippage unknown: Ondo Perps: no order-book sample; Hotstuff: 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 Hotstuff no order-book sample
Ondo Perps and Hotstuff: 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%8h189.31+0.074%$294K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h189.23+0.032%$299K$425K10xas long as short
Binance EWYUSDT0.0000%8h189.28+0.060%$27.6M$78.2M50xas long as short
Bybit EWYUSDT0.0000%8h189.36+0.100%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.29+0.063%$4.2M$4.1M50xas long as short
Gate EWY_USDT0.0000%8h189.29+0.063%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h189.27+0.053%$6.2M$3.7M100xas long as short
Bitget EWYUSDT0.0000%8h189.29+0.063%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.10−0.036%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.12−0.029%$747K$410K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h189.20+0.016%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.22+0.026%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.21+0.021%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0028%8h189.11−0.032%$48K$216K50xas long as short
Lighter EWY+0.0032%1h189.13−0.021%$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%1h189.27+0.053%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.30+0.069%$198K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.18+0.005%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h189.07−0.053%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.12−0.026%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.20+0.016%$733$4K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h189.17long leg$204K$307K10x
Paradex EWY-USD-PERP+0.0052%8h189.34+0.091%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0067%1h189.27+0.053%$2K$14K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.09−0.042%$974K$611K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.05−0.063%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.25+0.042%$2K$1K20xas long as short
Hotstuff EWY-PERPshort+0.0144%1h189.02−0.079%$28K$12K20x
edgeX EWYUSDC+0.0654%4h189.12−0.026%$424K$284K20xas long as short