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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against SunX−0.068%7-day average −0.065% · 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+0.125%+$13 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.068%, 7d avg −0.065%
Together, before fees+0.188%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWY-USDT190.190get 0.0000% / 8h5h 47m$2.5M20x
ShortOndo Perps EWY-USD.P190.060.0050get 0.0006% / 1h47m 00s$198K$274K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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: −0.068% → −0.065%
−$0.29
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$2.7
Costs to cover
0.130%
Break-even
8.8 days
Slippage unknown: SunX: live order book, 10 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago500.01 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EWY_USDC-PERPETUAL−0.0433%1h190.11−0.042%$2K$13K20xas long as short
Hotstuff EWY-PERP−0.0016%1h190.05−0.074%$28K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.190.000%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.15−0.021%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.45+0.138%$753K$388K10xas long as short
SunX EWY-USDTlong0.0000%8h190.19long leg$2.5M20x
Coinbase International EWY-PERP-INTX0.0000%1h190.190.000%$530K$318K20xas long as short
HTX EWY-USDT0.0000%8h190.47+0.147%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.07−0.063%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.18−0.005%$385K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.28+0.047%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.12−0.037%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.05−0.074%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.190.000%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.91−0.147%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.07−0.063%$742$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h190.06−0.068%$198K$274K10x
Paradex EWY-USD-PERP+0.0059%8h190.18−0.007%$235xas long as short
Bitget EWYUSDT+0.0090%8h190.12−0.037%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.18−0.005%$980K$627K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h190.25+0.032%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.20+0.005%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0131%8h190.09−0.053%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0258%8h190.25+0.029%$295K$12K20xas long as short
Variational Omni EWY+0.0325%8h190.41+0.115%$1.2M$1.1Mas long as short
Extended EWY_24_5-USD+0.0336%1h190.08−0.057%$302K$665K10xas long as short
BloFin EWY-USDT+0.0339%8h190.11−0.042%$214K50xas long as short
Binance EWYUSDT+0.0340%8h190.12−0.036%$28.3M$77.0M50xas long as short
MEXC EWY_USDT+0.0344%8h190.12−0.037%$6.4M$4.2M100xas long as short
edgeX EWYUSDC+0.0542%4h190.27+0.041%$426K$284K20xas long as short