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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Entropy against Ondo Perps−0.084%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Entropy is 0.084% cheaper against Ondo Perps than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P190.180.0050pay 0.0006% / 1h45m 47s$242K$213K10x
ShortEntropy io:EWY190.020.0050get 0.0006% / 1h45m 47s$52K$58K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
−$0.08
Price spread: −0.084% → 0.000%
−$8.41
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$31.5
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Entropy: 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 Ondo Perps no order-book sample
Sell Entropy no order-book sample
Ondo Perps and Entropy: 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
Gate EWY_USDT0.0000%8h190.10−0.042%$4.1M$3.3M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.29+0.059%$753K$386K10xas long as short
SunX EWY-USDT0.0000%8h190.11−0.037%$2.7M20xas long as short
HTX EWY-USDT0.0000%8h190.24+0.032%$26K$29K20xas long as short
Phemex EWYUSDT0.0000%8h190.06−0.063%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.97−0.110%$379K$54K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.32+0.074%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.180.000%$196K$142K20xas long as short
Entropy io:EWYshort+0.0050%1h190.02−0.084%$52K$58K25x
Polymarket Perps EWY-USD+0.0050%1h190.01−0.089%$4K$12620xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h190.06−0.063%$788$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h190.18long leg$242K$213K10x
Deribit EWY_USDC-PERPETUAL+0.0066%1h190.08−0.053%$2K$13K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.00−0.095%$979K$677K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.13−0.026%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.14−0.021%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0102%8h190.25+0.037%$235xas long as short
Bybit EWYUSDT+0.0131%8h190.15−0.016%$5.3M$4.2M100xas long as short
tradeXYZ xyz:EWY+0.0138%1h190.02−0.084%$6.4M$14.9M20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.78−0.210%$530K$337K20xas long as short
Bitget EWYUSDT+0.0288%8h190.05−0.068%$2.7M$1.6M20xas long as short
OKX EWY-USDT-SWAP+0.0336%8h190.09−0.047%$4.1M$3.6M50xas long as short
Aster EWYUSDT+0.0551%8h190.16−0.008%$295K$12K20xas long as short
Variational Omni EWY+0.0650%8h190.13−0.029%$1.2M$1.3Mas long as short
BloFin EWY-USDT+0.0653%8h190.28+0.053%$47K$214K50xas long as short
Hotstuff EWY-PERP+0.0664%1h190.21+0.016%$29K$12K20xas long as short
edgeX EWYUSDC+0.0673%4h190.12−0.030%$426K$283K20xas long as short
Extended EWY_24_5-USD+0.0680%1h190.05−0.066%$299K$501K10xas long as short
MEXC EWY_USDT+0.0680%8h190.06−0.063%$7.6M$4.5M100xas long as short
Binance EWYUSDT+0.0681%8h190.08−0.053%$28.6M$78.6M50xas long as short