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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0083%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: tradeXYZ against Ondo Perps−0.026%7-day average +0.014% · 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+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.026%, 7d avg +0.014%
Together, before fees+0.117%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.040% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 39 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.011% in total) that is about 25 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P190.020.0050pay 0.0006% / 1h45m 42s$242K$214K10x
ShorttradeXYZ xyz:EWY189.970.0133get 0.0017% / 1h45m 42s$6.4M$14.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$17.35
Price spread: −0.026% → +0.014%
−$4.05
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$9.7
Costs to cover
0.230%
Break-even
10.9 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: 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 tradeXYZ live order book, 2 min ago0.79 bp9.8 bp −$1010.9 bp −$109doesn'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%8h190.04+0.011%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.29+0.143%$753K$386K10xas long as short
SunX EWY-USDT0.0000%8h190.11+0.047%$2.7M20xas long as short
HTX EWY-USDT0.0000%8h190.24+0.116%$26K$29K20xas long as short
Phemex EWYUSDT0.0000%8h190.06+0.021%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.94−0.042%$379K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.32+0.158%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.18+0.084%$196K$142K20xas long as short
Entropy io:EWY+0.0050%1h189.97−0.026%$51K$58K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.01−0.005%$4K$12620xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h190.06+0.021%$788$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h190.02long leg$242K$214K10x
Deribit EWY_USDC-PERPETUAL+0.0066%1h190.08+0.032%$2K$13K20xas long as short
Bybit EWYUSDT+0.0075%8h190.06+0.021%$5.3M$4.2M100xas long as short
KuCoin EWYUSDTM+0.0100%8h189.95−0.037%$978K$677K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.13+0.058%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.14+0.063%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0101%8h190.05+0.017%$235xas long as short
tradeXYZ xyz:EWYshort+0.0133%1h189.97−0.026%$6.4M$14.9M20x
Coinbase International EWY-PERP-INTX+0.0144%1h189.78−0.126%$530K$337K20xas long as short
Bitget EWYUSDT+0.0293%8h190.05+0.016%$2.7M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0336%8h190.04+0.011%$4.1M$3.6M50xas long as short
Aster EWYUSDT+0.0551%8h190.16+0.075%$295K$12K20xas long as short
Variational Omni EWY+0.0650%8h190.13+0.056%$1.2M$1.3Mas long as short
BloFin EWY-USDT+0.0653%8h190.28+0.137%$47K$214K50xas long as short
Hotstuff EWY-PERP+0.0664%1h190.21+0.100%$29K$12K20xas long as short
edgeX EWYUSDC+0.0673%4h190.12+0.054%$426K$283K20xas long as short
Binance EWYUSDT+0.0678%8h190.02+0.001%$28.6M$78.6M50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.97−0.027%$299K$501K10xas long as short
MEXC EWY_USDT+0.0680%8h190.00−0.011%$7.6M$4.5M100xas long as short