Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps+0.102%7-day average +0.097% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.102%, 7d avg +0.097%
=Together, before fees−0.172%+ Points / potential airdropOndo Perps: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps EWY-USD.P | 186.87 | 0.0050 | pay 0.0006% / 1h | 36m 09s | $223K | $332K | 10x |
| Short | Phemex EWYUSDT | 187.06 | 0 | get 0.0000% / 8h | 36m 09s | $1.7M | $37K | 10x |
Ondo Perps EWY-USD.P
Phemex EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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 itlatest
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: +0.102% → +0.097%
- $0.49
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$27.09
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 0.80 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0426% | 8h | 187.14 | +0.144% | $2.8M | $2.5M | 20x | as long as short |
| BloFin EWY-USDT | −0.0004% | 8h | 187.06 | +0.102% | $48K | $217K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.10 | +0.121% | $290K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.04 | +0.090% | $238K | $912K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.05 | +0.096% | $27.2M | $82.8M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 187.08 | +0.112% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.99 | +0.064% | $4.1M | $4.7M | 50x | as long as short |
| Hotstuff EWY-PERP | 0.0000% | 1h | 186.90 | +0.016% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.08 | +0.112% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.06 | +0.102% | $8.5M | $4.4M | 100x | as long as short |
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 187.26 | +0.208% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.15 | +0.150% | $740K | $416K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.89 | +0.011% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.17 | +0.161% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDTshort | 0.0000% | 8h | 187.06 | +0.102% | $1.7M | $37K | 10x | |
| Vest EWY-USD-PERP | 0.0000% | 1h | 186.67 | −0.107% | — | $220K | 25x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.88 | +0.005% | $379K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.06 | +0.102% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.95 | +0.043% | $6.2M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.92 | +0.027% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.88 | +0.005% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.02 | +0.080% | $750 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.Plong | +0.0050% | 1h | 186.87 | long leg | $223K | $332K | 10x | |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.85 | −0.011% | $519K | $245K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.00 | +0.072% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.94 | +0.037% | $962K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.33 | +0.246% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.06 | +0.102% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0285% | 1h | 187.03 | +0.086% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0509% | 4h | 187.13 | +0.139% | $420K | $285K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Vest EWY-USD-PERP
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC