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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Ondo Perps+0.092%7-day average +0.065% · 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−0.126%−$13 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.092%, 7d avg +0.065%
Together, before fees−0.212%+ Points / potential airdropOndo Perps: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.027% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.065%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P185.630.0050pay 0.0006% / 1h19m 44s$233K$333K10x
ShortSunX EWY-USDT185.800get 0.0000% / 8h7h 19m$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$10.58
Price spread: +0.092% → +0.065%
$2.7
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.89
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago500.43 bpdoesn't fitdoesn'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
Bitget EWYUSDT−0.0467%8h185.89+0.140%$3.1M$2.7M20xas long as short
Vest EWY-USD-PERP−0.0012%1h185.42−0.113%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.84+0.114%$288K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.78+0.082%$239K$912K10xas long as short
Binance EWYUSDT0.0000%8h185.86+0.126%$26.7M$82.0M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.85+0.119%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.88+0.135%$4.2M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h185.83+0.108%$7.4M$4.5M100xas long as short
Variational Omni EWY0.0000%8h185.77+0.074%$1.1M$1.0Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.53−0.056%$727K$418K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDTshort0.0000%8h185.80+0.092%$2.2M20x
HTX EWY-USDT0.0000%8h185.64+0.005%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.79+0.086%$1.6M$37K10xas long as short
Hotstuff EWY-PERP+0.0016%1h185.56−0.038%$27K$16K20xas long as short
BloFin EWY-USDT+0.0030%8h185.72+0.048%$48K$220K50xas long as short
Lighter EWY+0.0032%1h185.67+0.022%$376K$40K20xas long as short
Bybit EWYUSDT+0.0036%8h185.89+0.140%$5.0M$4.9M100xas long as short
Popdex EWYUSDT+0.0048%1h185.77+0.075%$195K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h185.69+0.032%$6.0M$14.6M20xas long as short
Entropy io:EWY+0.0050%1h185.59−0.022%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.59−0.022%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.78+0.081%$742$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h185.63long leg$233K$333K10x
Paradex EWY-USD-PERP+0.0056%8h185.74+0.060%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h185.55−0.043%$955K$635K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.57−0.032%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.79+0.086%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.38−0.135%$515K$249K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0235%1h185.72+0.048%$3K$15K20xas long as short
edgeX EWYUSDC+0.0959%4h185.52−0.062%$416K$285K20xas long as short