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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.029%
Price spread now: SunX against Ondo Perps−0.042%7-day average +0.065% · 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−0.125%−$13 on $10k
Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.042%, 7d avg +0.065%
Together, before fees−0.039%+ Points / potential airdropOndo Perps: Active · farm board−$4 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 SunX is 0.107% cheaper against Ondo Perps than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.065%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P189.730.0050pay 0.0006% / 1h17m 23s$243K$207K10x
ShortSunX EWY-USDT189.650get 0.0000% / 8h17m 23s$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.042% → +0.065%
−$10.68
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$34.27
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago500.28 bpdoesn't fitdoesn'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
Gate EWY_USDT0.0000%8h189.89+0.084%$3.6M$3.0M50xas long as short
SunX EWY-USDTshort0.0000%8h189.65−0.042%$2.7M20x
Phemex EWYUSDT0.0000%8h189.92+0.100%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.80+0.037%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.95+0.116%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.92+0.100%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.74+0.005%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.74+0.005%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.87+0.074%$774$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h189.73long leg$243K$207K10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.68−0.026%$966K$688K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.86+0.069%$13K$262K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.88+0.079%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0138%8h190.04+0.164%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.79+0.032%$528K$341K20xas long as short
tradeXYZ xyz:EWY+0.0153%1h189.84+0.058%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0170%8h189.96+0.121%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0221%8h189.99+0.137%$36K$8K20xas long as short
Bitget EWYUSDT+0.0224%8h189.95+0.116%$2.6M$1.5M20xas long as short
Hotstuff EWY-PERP+0.0232%1h189.88+0.079%$28K$12K20xas long as short
edgeX EWYUSDC+0.0306%4h189.83+0.050%$425K$276K20xas long as short
OKX EWY-USDT-SWAP+0.0325%8h189.96+0.121%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0435%1h189.90+0.090%$2K$13K20xas long as short
Aster EWYUSDT+0.0562%8h189.76+0.015%$294K$12K20xas long as short
Variational Omni EWY+0.0645%8h189.77+0.021%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0656%8h189.91+0.095%$751K$395K10xas long as short
BloFin EWY-USDT+0.0676%8h189.86+0.069%$47K$214K50xas long as short
MEXC EWY_USDT+0.0682%8h189.89+0.084%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0687%8h189.86+0.069%$28.6M$79.7M50xas long as short
Extended EWY_24_5-USD+0.0688%1h189.82+0.050%$298K$396K10xas long as short