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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.032%
Price spread now: Ondo Perps against SunX+0.053%7-day average −0.067% · 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 7 days+0.125%+$13 on $10k
Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.053%, 7d avg −0.067%
Together, before fees+0.064%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.120% dearer against SunX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT188.550get 0.0000% / 8h2h 03m$2.7M20x
ShortOndo Perps EWY-USD.P188.650.0050get 0.0006% / 1h3m 03s$221K$181K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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: +0.053% → −0.067%
$12
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$9.59
Costs to cover
0.130%
Break-even
0.7 days
Slippage unknown: SunX: live order book, 4 min ago; 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 SunX live order book, 4 min ago500.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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
Bybit EWYUSDT0.0000%8h188.89+0.180%$5.6M$3.5M100xas long as short
Gate EWY_USDT0.0000%8h188.82+0.143%$3.2M$2.7M50xas long as short
SunX EWY-USDTlong0.0000%8h188.55long leg$2.7M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h188.87+0.170%$2K$13K20xas long as short
Phemex EWYUSDT0.0000%8h188.84+0.154%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.74+0.101%$375K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.81+0.138%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.83+0.149%$193K$139K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.77+0.117%$6.4M$14.9M20xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.66+0.058%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h188.81+0.138%$773$3K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h188.65+0.053%$221K$181K10x
HTX EWY-USDT+0.0060%8h188.90+0.186%$36K$8K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.81+0.138%$957K$725K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.82+0.143%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.84+0.154%$2K$1K20xas long as short
Entropy io:EWY+0.0102%1h188.79+0.127%$49K$36K25xas long as short
Bitget EWYUSDT+0.0109%8h188.86+0.164%$2.5M$1.4M20xas long as short
Paradex EWY-USD-PERP+0.0119%8h188.97+0.225%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.92+0.196%$524K$327K20xas long as short
OKX EWY-USDT-SWAP+0.0161%8h188.90+0.186%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0301%8h188.69+0.073%$293K$12K20xas long as short
Variational Omni EWY+0.0342%8h188.87+0.168%$1.4M$890Kas long as short
Hotstuff EWY-PERP+0.0352%1h188.79+0.127%$28K$12K20xas long as short
BloFin EWY-USDT+0.0365%8h188.85+0.159%$47K$213K50xas long as short
MEXC EWY_USDT+0.0386%8h188.83+0.149%$7.5M$4.6M100xas long as short
Binance EWYUSDT+0.0391%8h188.83+0.149%$28.3M$79.6M50xas long as short
Extended EWY_24_5-USD+0.0392%1h188.81+0.137%$304K$410K10xas long as short
edgeX EWYUSDC+0.0473%4h188.83+0.150%$423K$274K20xas long as short
GRVT EWY_USDT_Perp+0.0510%8h188.82+0.144%$747K$410K10xas long as short