Funding you earn now, next payment 23:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h +0.024%
Price spread now: Ondo Perps against Variational Omni−0.022%7-day average −0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)−0.058%−$6 · spread now −0.022%, 7d avg −0.084%
=Together, before fees+0.003%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.062% dearer against Variational Omni than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.084%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 3 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.061% in total (about 6.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni EWY | 189.28 | 0.0563 | pay 0.0563% / 8h | 1h 19m | $1.4M | $889K | — |
| Short | Ondo Perps EWY-USD.P | 189.24 | 0.0050 | get 0.0006% / 1h | 19m 29s | $221K | $181K | 10x |
Variational Omni EWY
Ondo Perps EWY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Variational Omni. 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
- −$107.57
- Price spread: −0.022% → −0.084%
- $6.23
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$106.35
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 5 min ago | 2.22 bp | doesn't fit | 7.1 bp −$71 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | 0.0000% | 1h | 189.27 | −0.006% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.27 | −0.006% | $3.2M | $2.8M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.93 | −0.186% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.27 | −0.006% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.18 | −0.054% | $377K | $96K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.35 | +0.036% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.29 | +0.005% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.22 | −0.032% | $50K | $41K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.12 | −0.085% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.29 | +0.005% | $776 | $3K | 10x | as long as short |
Hotstuff EWY-PERP
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps EWY-USD.Pshort | +0.0050% | 1h | 189.24 | −0.022% | $221K | $181K | 10x | |
| tradeXYZ xyz:EWY | +0.0063% | 1h | 189.27 | −0.006% | $6.4M | $14.8M | 20x | as long as short |
| Bybit EWYUSDT | +0.0064% | 8h | 189.41 | +0.068% | $5.2M | $4.1M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.19 | −0.048% | $958K | $726K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.30 | +0.010% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.30 | +0.010% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.19 | −0.048% | $525K | $332K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0160% | 8h | 189.42 | +0.076% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0185% | 8h | 189.33 | +0.026% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0229% | 8h | 189.35 | +0.036% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0242% | 8h | 189.36 | +0.042% | $4.0M | $4.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0437% | 1h | 189.32 | +0.020% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0502% | 8h | 189.12 | −0.083% | $293K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0552% | 4h | 189.29 | +0.004% | $424K | $275K | 20x | as long as short |
| Variational Omni EWYlong | +0.0563% | 8h | 189.28 | long leg | $1.4M | $889K | — | |
| BloFin EWY-USDT | +0.0579% | 8h | 189.31 | +0.015% | $47K | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0607% | 8h | 189.28 | −0.001% | $7.5M | $4.5M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0608% | 1h | 189.25 | −0.015% | $304K | $392K | 10x | as long as short |
| Binance EWYUSDT | +0.0610% | 8h | 189.29 | +0.005% | $28.5M | $79.4M | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0683% | 8h | 189.31 | +0.018% | $749K | $401K | 10x | as long as short |
tradeXYZ xyz:EWY
Bybit EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
edgeX EWYUSDC
BloFin EWY-USDT
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
GRVT EWY_USDT_Perp