Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.007%
Price spread now: Coinbase International against Ondo Perps−0.210%7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)+0.207%+$21 · spread now −0.210%, 7d avg +0.015%
=Together, before fees+0.237%+ Points / potential airdropOndo Perps: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.225% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of +0.015%). If the spread goes back, that is −$23 on $10k: about 8.0 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.030% in total) that is about 53 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps EWY-USD.P | 190.18 | 0.0050 | pay 0.0006% / 1h | 45m 48s | $242K | $213K | 10x |
| Short | Coinbase International EWY-PERP-INTX | 189.78 | 0.0144 | get 0.0018% / 1h | 45m 48s | $530K | $337K | 20x |
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Ondo Perps. 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
- $19.66
- Price spread: −0.210% → +0.015%
- −$22.53
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$17.88
- Costs to cover
- 0.150%
- Break-even
- 13.4 days
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 27 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 27 min ago | 2.90 bp | 7.9 bp −$8 | 12.8 bp −$128 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 190.10 | −0.042% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.29 | +0.059% | $753K | $386K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.11 | −0.037% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.24 | +0.032% | $26K | $29K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.06 | −0.063% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.97 | −0.110% | $379K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.32 | +0.074% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.18 | 0.000% | $196K | $142K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.02 | −0.084% | $52K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.01 | −0.089% | $4K | $126 | 20x | as long as short |
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX EWY-USD | +0.0050% | 1h | 190.06 | −0.063% | $788 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.Plong | +0.0050% | 1h | 190.18 | long leg | $242K | $213K | 10x | |
| Deribit EWY_USDC-PERPETUAL | +0.0066% | 1h | 190.08 | −0.053% | $2K | $13K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.00 | −0.095% | $979K | $677K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.13 | −0.026% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.14 | −0.021% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0102% | 8h | 190.25 | +0.037% | $23 | — | 5x | as long as short |
| Bybit EWYUSDT | +0.0131% | 8h | 190.15 | −0.016% | $5.3M | $4.2M | 100x | as long as short |
| tradeXYZ xyz:EWY | +0.0138% | 1h | 190.02 | −0.084% | $6.4M | $14.9M | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0144% | 1h | 189.78 | −0.210% | $530K | $337K | 20x | |
| Bitget EWYUSDT | +0.0288% | 8h | 190.05 | −0.068% | $2.7M | $1.6M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0336% | 8h | 190.09 | −0.047% | $4.1M | $3.6M | 50x | as long as short |
| Aster EWYUSDT | +0.0551% | 8h | 190.16 | −0.008% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0650% | 8h | 190.13 | −0.029% | $1.2M | $1.3M | — | as long as short |
| BloFin EWY-USDT | +0.0653% | 8h | 190.28 | +0.053% | $47K | $214K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0664% | 1h | 190.21 | +0.016% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0673% | 4h | 190.12 | −0.030% | $426K | $283K | 20x | as long as short |
| Extended EWY_24_5-USD | +0.0680% | 1h | 190.05 | −0.066% | $299K | $501K | 10x | as long as short |
| MEXC EWY_USDT | +0.0680% | 8h | 190.06 | −0.063% | $7.6M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0681% | 8h | 190.08 | −0.053% | $28.6M | $78.6M | 50x | as long as short |
SoDEX EWY-USD
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Bybit EWYUSDT
tradeXYZ xyz:EWY
Bitget EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Hotstuff EWY-PERP
edgeX EWYUSDC
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT