Funding you earn now, next payment 00:00 UTC−0.0600%/8h= −65.7% APRpaid last 24h +0.016%
Price spread now: Ondo Perps against Binance−0.121%7-day average −0.100% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 2 days (all we have)+0.037%+$4 · spread now −0.121%, 7d avg −0.100%
=Together, before fees−0.045%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Ondo Perps is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.100%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 189.76 | 0.0650 | pay 0.0650% / 8h | 36m 23s | $28.6M | $79.9M | 50x |
| Short | Ondo Perps EWY-USD.P | 189.53 | 0.0050 | get 0.0006% / 1h | 36m 23s | $232K | $198K | 10x |
Binance EWYUSDT
Ondo Perps EWY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. 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
- −$125.98
- Price spread: −0.121% → −0.100%
- −$2.14
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$143.13
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 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 Binance live order book, 6 min ago | 0.26 bp | 5.3 bp −$5 | 7.0 bp −$70 | 21.7 bp −$2,173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.73 | −0.016% | $3.2M | $2.7M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.43 | −0.174% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.70 | −0.032% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.62 | −0.074% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.75 | −0.005% | — | $217K | 25x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.55 | −0.111% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.58 | −0.095% | $4K | $74 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.73 | −0.016% | $778 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.Pshort | +0.0050% | 1h | 189.53 | −0.121% | $232K | $198K | 10x | |
| Popdex EWYUSDT | +0.0080% | 1h | 189.71 | −0.026% | $195K | $138K | 20x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.58 | −0.095% | $966K | $704K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.60 | −0.084% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.73 | −0.016% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.58 | −0.095% | $527K | $338K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0154% | 8h | 189.84 | +0.043% | $23 | — | 5x | as long as short |
| Bybit EWYUSDT | +0.0154% | 8h | 189.86 | +0.053% | $5.3M | $4.2M | 100x | as long as short |
| tradeXYZ xyz:EWY | +0.0189% | 1h | 189.74 | −0.011% | $6.4M | $14.7M | 20x | as long as short |
| edgeX EWYUSDC | +0.0206% | 4h | 189.60 | −0.085% | $425K | $274K | 20x | as long as short |
| Bitget EWYUSDT | +0.0210% | 8h | 189.80 | +0.021% | $2.6M | $1.6M | 20x | as long as short |
| HTX EWY-USDT | +0.0211% | 8h | 189.67 | −0.047% | $36K | $8K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0256% | 1h | 189.73 | −0.016% | $28K | $12K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0303% | 8h | 189.86 | +0.053% | $4.0M | $4.1M | 50x | as long as short |
| Aster EWYUSDT | +0.0530% | 8h | 189.60 | −0.083% | $294K | $12K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0541% | 1h | 189.77 | +0.005% | $2K | $13K | 20x | as long as short |
| Variational Omni EWY | +0.0618% | 8h | 189.71 | −0.025% | $1.5M | $983K | — | as long as short |
| BloFin EWY-USDT | +0.0645% | 8h | 189.65 | −0.058% | $47K | $214K | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.0647% | 8h | 189.60 | −0.085% | $750K | $399K | 10x | as long as short |
| Extended EWY_24_5-USD | +0.0648% | 1h | 189.73 | −0.017% | $304K | $392K | 10x | as long as short |
| MEXC EWY_USDT | +0.0648% | 8h | 189.73 | −0.016% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDTlong | +0.0650% | 8h | 189.76 | long leg | $28.6M | $79.9M | 50x |
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Bybit EWYUSDT
tradeXYZ xyz:EWY
edgeX EWYUSDC
Bitget EWYUSDT
HTX EWY-USDT
Hotstuff EWY-PERP
OKX EWY-USDT-SWAP
Aster EWYUSDT
Deribit EWY_USDC-PERPETUAL
Variational Omni EWY
BloFin EWY-USDT
GRVT EWY_USDT_Perp
Extended EWY_24_5-USD
MEXC EWY_USDT