Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Phemex−0.096%7-day average −0.096% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.096%, 7d avg −0.096%
=Together, before fees+0.161%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.096%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex EWYUSDT | 188.35 | 0 | get 0.0000% / 8h | 2h 10m | $1.7M | $37K | 10x |
| Short | Ondo Perps EWY-USD.P | 188.17 | 0.0050 | get 0.0006% / 1h | 10m 03s | $216K | $318K | 10x |
Phemex EWYUSDT
Ondo Perps EWY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Phemex. 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
- $10.58
- Price spread: −0.096% → −0.096%
- $0.08
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$6.33
- Costs to cover
- 0.170%
- Break-even
- 11.2 days
Slippage unknown: Phemex: live order book, 3 min ago; Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 3 min ago | 1.06 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0162% | 8h | 188.39 | +0.021% | $2.7M | $2.3M | 20x | as long as short |
| BloFin EWY-USDT | −0.0021% | 8h | 188.36 | +0.005% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.42 | +0.036% | $292K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.31 | −0.019% | $240K | $500K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.40 | +0.028% | $27.4M | $81.1M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.51 | +0.085% | $5.0M | $4.8M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.40 | +0.027% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.41 | +0.032% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.36 | +0.005% | $8.9M | $4.2M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 188.31 | −0.020% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 187.62 | −0.389% | $741K | $426K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.34 | −0.005% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.11 | −0.127% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDTlong | 0.0000% | 8h | 188.35 | long leg | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 188.26 | −0.048% | $382K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 187.91 | −0.234% | $523K | $278K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.11 | −0.127% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.35 | 0.000% | $198K | $150K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.28 | −0.037% | $6.3M | $14.5M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.05 | −0.159% | $125K | $111K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.19 | −0.085% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.33 | −0.011% | $733 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.Pshort | +0.0050% | 1h | 188.17 | −0.096% | $216K | $318K | 10x | |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 188.35 | 0.000% | $23 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0069% | 1h | 188.35 | 0.000% | $2K | $14K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0072% | 1h | 188.25 | −0.053% | $28K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.12 | −0.122% | $968K | $599K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 187.89 | −0.244% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.34 | −0.005% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0161% | 4h | 187.95 | −0.212% | $421K | $283K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
Hotstuff EWY-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
edgeX EWYUSDC