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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0372%/8h= +40.7% APRpaid last 24h +0.191%
Price spread now: edgeX against Ondo Perps+0.111%7-day average +0.077% · you sell dearer than you buy
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+1.006%+$101 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.111%, 7d avg +0.077%
Together, before fees+0.981%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$98 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.034% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P188.120.0050pay 0.0006% / 1h49m 12s$225K$315K10x
ShortedgeX EWYUSDC188.330.0422get 0.0211% / 4h49m 12s$422K$291K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$78.09
Price spread: +0.111% → +0.077%
$3.39
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$67.48
Costs to cover
0.140%
Break-even
1.0 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 57 min ago. 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 Ondo Perps no order-book sample
Sell edgeX live order book, 57 min ago5.57 bp10.3 bp −$1014.0 bp −$140doesn't fitdoesn'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 exchanges

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−0.0056%1h188.26+0.074%$28K$17K20xas long as short
Bybit EWYUSDT0.0000%8h188.11−0.005%$5.0M$5.1M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.04−0.043%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.120.000%$3.2M$3.3M20xas long as short
SunX EWY-USDT0.0000%8h187.82−0.159%$1.6M20xas long as short
Phemex EWYUSDT0.0000%8h188.14+0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h187.96−0.085%$381K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.20+0.043%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.15+0.016%$202K$166K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.97−0.080%$522K$252K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h188.06−0.032%$5.9M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h188.15+0.016%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.18+0.032%$771$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h188.12long leg$225K$315K10x
Paradex EWY-USD-PERP+0.0054%8h188.17+0.025%$235xas long as short
Gate EWY_USDT+0.0061%8h188.17+0.027%$3.9M$4.9M50xas long as short
KuCoin EWYUSDTM+0.0100%8h187.97−0.080%$967K$744K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.40+0.149%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.05−0.037%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0122%1h188.02−0.053%$3K$10K20xas long as short
Polymarket Perps EWY-USD+0.0249%1h188.31+0.101%$4K$7K20xas long as short
Aster EWYUSDT+0.0388%8h188.09−0.014%$291K$14K20xas long as short
edgeX EWYUSDCshort+0.0422%4h188.33+0.111%$422K$291K20x
Variational Omni EWY+0.0463%8h188.38+0.136%$1.1M$943Kas long as short
BloFin EWY-USDT+0.0474%8h188.07−0.027%$48K$246K50xas long as short
Extended EWY_24_5-USD+0.0488%1h187.96−0.085%$247K$1.4M10xas long as short
MEXC EWY_USDT+0.0489%8h188.10−0.011%$6.7M$4.7M100xas long as short
Binance EWYUSDT+0.0492%8h188.05−0.040%$26.0M$86.7M50xas long as short
HTX EWY-USDT+0.0541%8h188.05−0.037%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.1029%8h188.38+0.140%$738K$413K10xas long as short