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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%
Price spread now: Orderly against Ondo Perps+0.117%7-day average · 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 5 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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.117% dearer against Ondo Perps than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P188.280.0050pay 0.0006% / 1h7m 56s$225K$315K10x
ShortOrderly PERP_EWY_USDC_mythos188.500.0100get 0.0100% / 8h5h 07m$2K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.117% → 0.000%
$11.68
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
$11.1
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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 Orderly no order-book sample
Ondo Perps and Orderly: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−8.0000%1h188.36+0.042%$27K$18K20xas long as short
Bybit EWYUSDT0.0000%8h188.54+0.138%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.47+0.101%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.53+0.133%$3.2M$3.2M20xas long as short
SunX EWY-USDT0.0000%8h188.19−0.048%$1.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.48+0.106%$1.7M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0015%1h188.48+0.106%$3K$11K20xas long as short
Lighter EWY+0.0032%1h188.36+0.042%$382K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.54+0.138%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.50+0.117%$201K$166K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h188.41+0.069%$5.9M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h188.43+0.080%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.48+0.106%$777$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h188.28long leg$225K$315K10x
Paradex EWY-USD-PERP+0.0055%8h188.61+0.177%$235xas long as short
Gate EWY_USDT+0.0079%8h188.57+0.154%$3.9M$4.9M50xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.08−0.106%$523K$254K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.33+0.027%$970K$733K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.20−0.042%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythosshort+0.0100%8h188.50+0.117%$2K$1K20x
Polymarket Perps EWY-USD+0.0195%1h188.65+0.197%$4K$7K20xas long as short
edgeX EWYUSDC+0.0221%4h188.39+0.059%$422K$289K20xas long as short
Aster EWYUSDT+0.0318%8h188.40+0.063%$292K$14K20xas long as short
Variational Omni EWY+0.0384%8h188.33+0.025%$1.1M$941Kas long as short
BloFin EWY-USDT+0.0389%8h188.47+0.101%$48K$244K50xas long as short
MEXC EWY_USDT+0.0416%8h188.49+0.112%$7.1M$4.5M100xas long as short
Binance EWYUSDT+0.0420%8h188.49+0.111%$26.2M$86.2M50xas long as short
Extended EWY_24_5-USD+0.0424%1h188.44+0.085%$247K$935K10xas long as short
HTX EWY-USDT+0.0535%8h188.44+0.085%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.1033%8h188.44+0.084%$738K$412K10xas long as short