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 +0.019%
Price spread now: OKX against Ondo Perps+0.107%7-day average +0.086% · 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−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.107%, 7d avg +0.086%
Together, before fees+0.016%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.021% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.086%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.020% in total) that is about 7.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P187.500.0050pay 0.0006% / 1h25m 08s$223K$321K10x
ShortOKX EWY-USDT-SWAP187.700get 0.0000% / 8h1h 25m$4.1M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.107% → +0.086%
$2.1
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$23.49
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; OKX: 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 OKX live order book, 2 min ago0.53 bp7.8 bp −$811.3 bp −$113doesn'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−0.0234%8h187.76+0.139%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0018%8h187.73+0.123%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h187.69+0.100%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.67+0.093%$239K$501K10xas long as short
Binance EWYUSDT0.0000%8h187.72+0.117%$27.2M$81.6M50xas long as short
Bybit EWYUSDT0.0000%8h187.78+0.149%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAPshort0.0000%8h187.70+0.107%$4.1M$4.3M50x
Gate EWY_USDT0.0000%8h187.79+0.155%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.71+0.112%$8.6M$4.5M100xas long as short
Variational Omni EWY0.0000%8h187.79+0.156%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.73+0.121%$742K$420K10xas long as short
SunX EWY-USDT0.0000%8h187.61+0.059%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h187.67+0.091%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h187.94+0.235%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.73+0.123%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.60+0.053%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0042%1h187.500.000%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.75+0.133%$197K$152K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.65+0.080%$521K$273K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.64+0.075%$6.3M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h187.61+0.059%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.57+0.037%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.67+0.091%$751$4K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h187.50long leg$223K$321K10x
Paradex EWY-USD-PERP+0.0059%8h187.81+0.165%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.49−0.005%$966K$591K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.58+0.043%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.70+0.107%$2K$1K20xas long as short
edgeX EWYUSDC+0.0233%4h187.71+0.112%$421K$284K20xas long as short
Hotstuff EWY-PERP+0.0400%1h187.70+0.107%$28K$12K20xas long as short