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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Ondo Perps against Coinbase International−0.420%7-day average −0.014% · 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−0.030%−$3 on $10k
Price spread, last 3 days (all we have)+0.420%+$42 · spread now −0.420%, 7d avg −0.014%
Together, before fees+0.390%+ Points / potential airdropOndo Perps: Active · farm board+$39 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.406% cheaper against Coinbase International than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EWY-PERP-INTX190.280.0048pay 0.0006% / 1h36m 17s$531K$336K20x
ShortOndo Perps EWY-USD.P189.480.0050get 0.0006% / 1h36m 17s$212K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. 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
$0.5
Price spread: −0.420% → −0.014%
−$40.62
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$55.11
Costs to cover
0.150%
Break-even
772.5 days
Slippage unknown: Coinbase International: live order book, 32 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 Coinbase International live order book, 32 min ago4.46 bp9.5 bp −$912.6 bp −$126doesn'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−0.0014%1h189.65−0.331%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h189.72−0.294%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.68−0.315%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.60−0.359%$749K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.76−0.273%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.65−0.331%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.71−0.300%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.54−0.389%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.80−0.252%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.65−0.331%$197K$146K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTXlong+0.0048%1h190.28long leg$531K$336K20x
tradeXYZ xyz:EWY+0.0050%1h189.67−0.321%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.65−0.331%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.52−0.399%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.61−0.352%$631$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h189.48−0.420%$212K$250K10x
Paradex EWY-USD-PERP+0.0060%8h189.59−0.363%$235xas long as short
edgeX EWYUSDC+0.0083%4h189.50−0.409%$425K$282K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.62−0.347%$976K$634K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.57−0.373%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.71−0.300%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0192%1h189.62−0.347%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0213%8h189.64−0.336%$4.1M$3.5M50xas long as short
Bitget EWYUSDT+0.0255%8h189.68−0.315%$2.7M$1.9M20xas long as short
Aster EWYUSDT+0.0398%8h189.75−0.277%$294K$12K20xas long as short
Variational Omni EWY+0.0472%8h189.67−0.323%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0501%8h189.68−0.315%$28.3M$77.5M50xas long as short
Extended EWY_24_5-USD+0.0504%1h189.64−0.335%$302K$670K10xas long as short
MEXC EWY_USDT+0.0505%8h189.70−0.305%$7.0M$4.2M100xas long as short
BloFin EWY-USDT+0.0565%8h190.43+0.079%$2K$214K50xas long as short