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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h −0.025%
Price spread now: Ondo Perps against Deribit−0.085%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.085% cheaper against Deribit than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 8.4 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EWY_USDC-PERPETUAL187.630.0017pay 0.0002% / 1h56m 12s$3K$15K20x
ShortOndo Perps EWY-USD.P187.470.0050get 0.0006% / 1h56m 12s$234K$311K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. 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
$7.11
Price spread: −0.085% → 0.000%
−$8.53
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$13.42
Costs to cover
0.120%
Break-even
20.2 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample
Sell Ondo Perps no order-book sample
Deribit and 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−0.0324%8h187.72+0.048%$3.1M$2.8M20xas long as short
Aster EWYUSDT0.0000%8h187.42−0.111%$290K$14K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.61−0.013%$238K$896K10xas long as short
Binance EWYUSDT0.0000%8h187.63+0.001%$26.8M$82.6M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.61−0.011%$4.0M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h187.84+0.112%$4.0M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h187.72+0.048%$7.5M$4.1M100xas long as short
Variational Omni EWY0.0000%8h186.89−0.394%$1.2M$923Kas long as short
GRVT EWY_USDT_Perp0.0000%8h186.96−0.360%$733K$414K10xas long as short
SunX EWY-USDT0.0000%8h187.49−0.075%$2.1M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EWY-USDT0.0000%8h187.77+0.075%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.64+0.005%$1.7M$36K10xas long as short
BloFin EWY-USDT+0.0003%8h187.77+0.075%$48K$224K50xas long as short
Deribit EWY_USDC-PERPETUALlong+0.0017%1h187.63long leg$3K$15K20x
Lighter EWY+0.0032%1h187.51−0.064%$380K$41K20xas long as short
Vest EWY-USD-PERP+0.0046%1h187.82+0.101%$215K25xas long as short
Popdex EWYUSDT+0.0048%1h187.80+0.091%$197K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.62−0.005%$5.9M$15.2M20xas long as short
Entropy io:EWY+0.0050%1h187.45−0.096%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.62−0.005%$4K$4K20xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h187.47−0.085%$234K$311K10x
Paradex EWY-USD-PERP+0.0061%8h187.88+0.133%$235xas long as short
Hotstuff EWY-PERP+0.0096%1h187.55−0.043%$28K$16K20xas long as short
KuCoin EWYUSDTM+0.0100%8h187.64+0.005%$966K$648K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.94−0.368%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.65+0.011%$2K$1K20xas long as short
Bybit EWYUSDT+0.0114%8h187.67+0.021%$5.0M$4.6M100xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h186.97−0.352%$519K$237K20xas long as short
SoDEX EWY-USD+0.0565%1h187.65+0.011%$755$3K10xas long as short
edgeX EWYUSDC+0.0756%4h187.16−0.248%$420K$284K20xas long as short