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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0117%/8h= +12.9% APRpaid last 24h −0.008%
Price spread now: Ondo Perps against Bitget−0.053%7-day average −0.095% · 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+0.084%+$8 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.053%, 7d avg −0.095%
Together, before fees+0.038%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Ondo Perps is 0.042% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT187.91−0.0067get 0.0067% / 8h2h 25m$2.7M$2.3M20x
ShortOndo Perps EWY-USD.P187.810.0050get 0.0006% / 1h25m 16s$214K$316K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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
$24.65
Price spread: −0.053% → −0.095%
$4.18
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$11.83
Costs to cover
0.170%
Break-even
3.6 days
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago0.80 bp9.2 bp −$913.2 bp −$13234.6 bp −$3,459doesn'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−0.0136%1h187.36−0.293%$28K$12K20xas long as short
Bitget EWYUSDTlong−0.0067%8h187.91long leg$2.7M$2.3M20x
BloFin EWY-USDT−0.0025%8h187.78−0.069%$48K$215K50xas long as short
Aster EWYUSDT0.0000%8h187.66−0.132%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.75−0.085%$230K$491K10xas long as short
Binance EWYUSDT0.0000%8h187.80−0.061%$27.2M$79.7M50xas long as short
Bybit EWYUSDT0.0000%8h187.83−0.043%$4.9M$4.6M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.75−0.085%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.82−0.048%$4.1M$4.1M50xas long as short
MEXC EWY_USDT0.0000%8h187.84−0.037%$6.8M$4.0M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.64−0.142%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.89−0.009%$743K$415K10xas long as short
SunX EWY-USDT0.0000%8h187.57−0.181%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.60−0.165%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.83−0.043%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.56−0.186%$380K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.35−0.298%$521K$276K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.54−0.197%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.86−0.027%$197K$148K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.73−0.096%$6.3M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h187.53−0.202%$87K$93K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.68−0.122%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.68−0.122%$732$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h187.81−0.053%$214K$316K10x
Paradex EWY-USD-PERP+0.0053%8h187.74−0.088%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.53−0.202%$966K$603K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.57−0.181%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.68−0.122%$2K$1K20xas long as short
edgeX EWYUSDC+0.0448%4h187.35−0.297%$420K$284K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0496%1h187.72−0.101%$2K$14K20xas long as short