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+0.0050%/8h= +5.5% APRpaid last 24h −0.019%
Price spread now: Ondo Perps against OKX−0.117%7-day average −0.086% · 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+0.020%+$2 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.117%, 7d avg −0.086%
Together, before fees−0.014%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.030% cheaper against OKX than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.086%). If the spread goes back, that is −$3 on $10k: about 2.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.020% in total) that is about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWY-USDT-SWAP188.390get 0.0000% / 8h2h 09m$4.1M$4.3M50x
ShortOndo Perps EWY-USD.P188.170.0050get 0.0006% / 1h9m 15s$216K$318K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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: −0.117% → −0.086%
−$3.04
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.45
Costs to cover
0.150%
Break-even
11.9 days
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago0.27 bp6.2 bp −$69.8 bp −$98doesn'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
Bitget EWYUSDT−0.0157%8h188.40+0.005%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0012%8h188.390.000%$47K$216K50xas long as short
Aster EWYUSDT0.0000%8h188.41+0.012%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.37−0.013%$240K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.40+0.005%$27.4M$81.2M50xas long as short
Bybit EWYUSDT0.0000%8h188.46+0.037%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAPlong0.0000%8h188.39long leg$4.1M$4.3M50x
Gate EWY_USDT0.0000%8h188.44+0.027%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.390.000%$8.9M$4.2M100xas long as short
Variational Omni EWY0.0000%8h188.31−0.041%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h188.35−0.022%$744K$426K10xas long as short
SunX EWY-USDT0.0000%8h188.42+0.016%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.11−0.149%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.36−0.016%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.30−0.048%$382K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.91−0.255%$523K$277K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.19−0.106%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.51+0.064%$198K$151K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.24−0.080%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h188.13−0.138%$125K$111K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.27−0.064%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.36−0.016%$735$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h188.17−0.117%$216K$318K10x
Paradex EWY-USD-PERP+0.0059%8h188.50+0.058%$235xas long as short
Hotstuff EWY-PERP+0.0072%1h188.34−0.027%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.16−0.122%$969K$598K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.37−0.011%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.37−0.011%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0122%1h188.41+0.011%$2K$14K20xas long as short
edgeX EWYUSDC+0.0835%4h188.30−0.050%$422K$284K20xas long as short