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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%
Price spread now: KuCoin against Ondo Perps−0.037%7-day average +0.040% · 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+0.085%+$9 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.037%, 7d avg +0.040%
Together, before fees+0.128%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.076% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.040%). If the spread goes back, that is −$8 on $10k: about 5.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P190.580.0050pay 0.0006% / 1h32m 51s$201K$268K10x
ShortKuCoin EWYUSDTM190.510.0100get 0.0100% / 8h4h 32m$982K$622K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.42
Price spread: −0.037% → +0.040%
−$7.64
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$14.22
Costs to cover
0.170%
Break-even
16.6 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 17 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 KuCoin live order book, 17 min ago3.94 bp186.0 bp −$186doesn't fitdoesn'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 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
Bybit EWYUSDT0.0000%8h190.69+0.058%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.63+0.026%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.64+0.032%$753K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.55−0.016%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.073%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.62+0.021%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.50−0.042%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.57−0.005%$531K$304K20xas long as short
Bitget EWYUSDT+0.0045%8h190.60+0.010%$2.7M$2.0M20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.80+0.115%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.67+0.047%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.52−0.031%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.47−0.058%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.47−0.058%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.63+0.026%$755$4K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h190.58long leg$201K$268K10x
Paradex EWY-USD-PERP+0.0054%8h190.66+0.044%$235xas long as short
OKX EWY-USDT-SWAP+0.0055%8h190.68+0.052%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0072%8h190.59+0.007%$296K$12K20xas long as short
KuCoin EWYUSDTMshort+0.0100%8h190.51−0.037%$982K$622K20x
ApeX Omni EWYUSDT+0.0100%1h190.51−0.037%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.66+0.042%$2K$1K20xas long as short
Variational Omni EWY+0.0111%8h190.60+0.011%$1.2M$1.1Mas long as short
Hotstuff EWY-PERP+0.0128%1h190.54−0.021%$29K$12K20xas long as short
BloFin EWY-USDT+0.0133%8h190.66+0.042%$48K$214K50xas long as short
Binance EWYUSDT+0.0149%8h190.62+0.021%$28.5M$76.5M50xas long as short
MEXC EWY_USDT+0.0149%8h190.60+0.010%$6.5M$3.9M100xas long as short
Extended EWY_24_5-USD+0.0152%1h190.57−0.005%$301K$669K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0275%1h190.63+0.026%$2K$13K20xas long as short
edgeX EWYUSDC+0.0856%4h190.59+0.005%$427K$284K20xas long as short