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= −5.5% APRpaid last 24h +0.055%
Price spread now: MEXC against Ondo Perps+0.053%7-day average +0.090% · 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+0.054%+$5 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.053%, 7d avg +0.090%
Together, before fees+0.093%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.037% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.090%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P187.750.0050pay 0.0006% / 1h40m 54s$224K$317K10x
ShortMEXC EWY_USDT187.850get 0.0000% / 8h1h 40m$8.6M$4.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.053% → +0.090%
−$3.68
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$19.26
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago0.27 bp0.8 bp −$11.1 bp −$113.6 bp −$36499.3 bp −$49.6K
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−0.0146%8h187.92+0.091%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0011%8h187.87+0.064%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h187.82+0.039%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.82+0.036%$239K$498K10xas long as short
Binance EWYUSDT0.0000%8h187.87+0.063%$27.2M$81.9M50xas long as short
Bybit EWYUSDT0.0000%8h187.92+0.091%$4.9M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.78+0.016%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.86+0.059%$4.0M$4.3M50xas long as short
MEXC EWY_USDTshort0.0000%8h187.85+0.053%$8.6M$4.5M100x
Variational Omni EWY0.0000%8h187.81+0.033%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h188.00+0.135%$744K$425K10xas long as short
SunX EWY-USDT0.0000%8h187.78+0.016%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.97+0.117%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.87+0.064%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.70−0.027%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0045%1h187.60−0.080%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.87+0.064%$197K$151K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.85+0.053%$522K$273K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.750.000%$6.4M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h187.80+0.027%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.66−0.048%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.80+0.027%$755$4K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h187.75long leg$224K$317K10x
Paradex EWY-USD-PERP+0.0059%8h187.88+0.072%$235xas long as short
Hotstuff EWY-PERP+0.0080%1h187.77+0.011%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h187.72−0.016%$966K$596K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.50−0.133%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.83+0.043%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0176%1h187.81+0.032%$2K$14K20xas long as short
edgeX EWYUSDC+0.0599%4h187.98+0.122%$421K$286K20xas long as short