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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against Orderly−0.248%7-day average · 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 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.248% cheaper against Orderly than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EWY_USDC_mythos185.710.0100pay 0.0100% / 8h7h 22m$2K$1K20x
ShortOndo Perps EWY-USD.P185.250.0050get 0.0006% / 1h22m 09s$233K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Orderly. 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: −0.248% → 0.000%
−$24.77
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$46.19
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Ondo Perps: 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 Orderly no order-book sample
Sell Ondo Perps no order-book sample
Orderly and 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−0.0476%8h185.75+0.022%$3.1M$2.7M20xas long as short
Vest EWY-USD-PERP−0.0014%1h185.35−0.194%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.72+0.005%$288K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.66−0.025%$239K$912K10xas long as short
Binance EWYUSDT0.0000%8h185.73+0.011%$26.7M$82.1M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.72+0.005%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.75+0.022%$4.2M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h185.710.000%$7.4M$4.5M100xas long as short
Variational Omni EWY0.0000%8h185.32−0.211%$1.1M$1.0Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.42−0.157%$727K$418K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h185.87+0.086%$2.3M20xas long as short
HTX EWY-USDT0.0000%8h185.64−0.038%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.73+0.011%$1.6M$37K10xas long as short
Bybit EWYUSDT+0.0011%8h185.77+0.032%$5.0M$4.8M100xas long as short
BloFin EWY-USDT+0.0019%8h185.59−0.065%$48K$220K50xas long as short
Lighter EWY+0.0032%1h185.53−0.097%$376K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h185.67−0.022%$195K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.56−0.081%$6.0M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h185.44−0.145%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.51−0.108%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.67−0.022%$740$3K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h185.25−0.248%$233K$333K10x
Paradex EWY-USD-PERP+0.0056%8h185.71−0.003%$225xas long as short
edgeX EWYUSDC+0.0074%4h185.37−0.181%$416K$285K20xas long as short
KuCoin EWYUSDTM+0.0100%8h185.50−0.113%$955K$632K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h184.80−0.490%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h185.71long leg$2K$1K20x
Coinbase International EWY-PERP-INTX+0.0112%1h185.38−0.178%$515K$250K20xas long as short
Hotstuff EWY-PERP+0.0176%1h185.38−0.178%$27K$16K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0181%1h185.64−0.038%$3K$15K20xas long as short