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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%
Price spread now: KuCoin against Ondo Perps−0.281%90s7-day average +0.039% · 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+0.085%+$8 on $10k
Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.281%, 7d avg +0.039%
Together, before fees+0.394%+ Points / potential airdropOndo Perps: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.321% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.281% now, against its 7-day average of +0.039%). If the spread goes back, that is −$32 on $10k: about 22 days of funding at the current rate (+$1 a day). The two prices were read 90 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.P188.490.0050pay 0.0006% / 1h53m 00s$215K$319K10x
ShortKuCoin EWYUSDTM187.960.0100get 0.0100% / 8h1h 53m$968K$598K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.42
Price spread: −0.281% → +0.039%
−$32.05
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$38.63
Costs to cover
0.170%
Break-even
33.0 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 46 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 KuCoin live order book, 46 min ago5.86 bp154.0 bp −$154doesn't fitdoesn'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−0.0103%8h188.15−0.180%$2.7M$2.3M20xas long as short
Aster EWYUSDT0.0000%8h188.06−0.228%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.12−0.196%$241K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.16−0.173%$27.3M$81.5M50xas long as short
Bybit EWYUSDT0.0000%8h188.16−0.175%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.06−0.228%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.10−0.207%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.09−0.212%$7.9M$4.2M100xas long as short
Variational Omni EWY0.0000%8h188.18−0.163%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h188.10−0.207%$743K$419K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h188.06−0.228%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.06−0.228%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h188.27−0.117%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.11−0.202%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0022%8h188.13−0.191%$48K$216K50xas long as short
Lighter EWY+0.0032%1h187.95−0.286%$381K$40K20xas long as short
Hotstuff EWY-PERP+0.0040%1h187.87−0.329%$28K$12K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.82−0.355%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.16−0.175%$197K$150K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.61+0.064%$524K$274K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.96−0.281%$6.3M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.02−0.249%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.92−0.302%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.97−0.276%$752$4K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h188.49long leg$215K$319K10x
Paradex EWY-USD-PERP+0.0059%8h188.00−0.262%$235xas long as short
edgeX EWYUSDC+0.0077%4h188.11−0.201%$422K$284K20xas long as short
KuCoin EWYUSDTMshort+0.0100%8h187.96−0.281%$968K$598K20x
ApeX Omni EWYUSDT+0.0100%1h188.27−0.117%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.04−0.239%$2K$1K20xas long as short