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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.042%
Price spread now: Ondo Perps against Aster−0.052%7-day average −0.087% · 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−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.052%, 7d avg −0.087%
Together, before fees−0.048%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$5 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 0.034% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EWYUSDT186.550get 0.0000% / 8h9m 20s$289K$13K20x
ShortOndo Perps EWY-USD.P186.450.0050get 0.0006% / 1h9m 20s$233K$335K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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: −0.052% → −0.087%
$3.44
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$1.02
Costs to cover
0.130%
Break-even
6.3 days
Slippage unknown: Aster: live order book, 28 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 Aster live order book, 28 min ago0.27 bp4.5 bp −$5doesn'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
Hotstuff EWY-PERP−2.4288%1h186.41−0.074%$29K$13K20xas long as short
Bitget EWYUSDT−0.0582%8h186.59+0.023%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0022%1h186.05−0.267%$220K25xas long as short
Aster EWYUSDTlong0.0000%8h186.55long leg$289K$13K20x
Extended EWY_24_5-USD0.0000%1h186.46−0.049%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.52−0.015%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.55+0.001%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.50−0.026%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.58+0.017%$4.1M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.50−0.026%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.45−0.052%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.48−0.036%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.37−0.095%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.033%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.51−0.020%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0004%8h186.50−0.026%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.30−0.133%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.49−0.031%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.38−0.090%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.39−0.085%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.35−0.106%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.47−0.042%$746$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h186.45−0.052%$233K$335K10x
Coinbase International EWY-PERP-INTX+0.0056%1h186.49−0.031%$517K$252K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.53−0.011%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.43−0.063%$959K$601K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.42−0.069%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.48−0.036%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0233%1h186.42−0.069%$2K$14K20xas long as short
edgeX EWYUSDC+0.0939%4h186.48−0.035%$418K$285K20xas long as short