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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Ondo Perps against Entropy−0.027%7-day average −0.045% · 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)−0.115%−$11 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.027%, 7d avg −0.045%
Together, before fees−0.082%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:EWY187.740.0050pay 0.0006% / 1h39m 35s$143K$119K25x
ShortOndo Perps EWY-USD.P187.690.0050get 0.0006% / 1h39m 35s$224K$317K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Entropy. 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
$0.08
Price spread: −0.027% → −0.045%
$1.8
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$21.12
Costs to cover
0.230%
Break-even
1766.7 days
Slippage unknown: Entropy: live order book, 37 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 Entropy live order book, 37 min ago9.86 bp25.2 bp −$25131.9 bp −$1,319doesn'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
Bitget EWYUSDT−0.0158%8h187.67−0.037%$2.7M$2.3M20xas long as short
Hotstuff EWY-PERP−0.0016%1h187.72−0.011%$28K$12K20xas long as short
BloFin EWY-USDT−0.0011%8h187.87+0.069%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h187.55−0.103%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.53−0.109%$239K$498K10xas long as short
Binance EWYUSDT0.0000%8h187.55−0.102%$27.2M$81.9M50xas long as short
Bybit EWYUSDT0.0000%8h187.63−0.059%$4.9M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.49−0.133%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.68−0.032%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h187.68−0.032%$8.6M$4.5M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h187.81+0.038%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.83+0.050%$743K$425K10xas long as short
SunX EWY-USDT0.0000%8h187.81+0.037%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h187.97+0.123%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.82+0.043%$1.7M$36K10xas long as short
Lighter EWY+0.0032%1h187.65−0.048%$380K$40K20xas long as short
Vest EWY-USD-PERP+0.0044%1h187.35−0.208%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h187.58−0.085%$197K$151K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.84+0.053%$522K$273K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.39−0.186%$6.4M$14.2M20xas long as short
Entropy io:EWYlong+0.0050%1h187.74long leg$143K$119K25x
Polymarket Perps EWY-USD+0.0050%1h187.37−0.197%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.79+0.027%$751$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h187.69−0.027%$224K$317K10x
Paradex EWY-USD-PERP+0.0059%8h187.60−0.077%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h187.66−0.043%$966K$595K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.72−0.011%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.82+0.043%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0123%1h187.79+0.027%$2K$14K20xas long as short
edgeX EWYUSDC+0.0454%4h187.85+0.057%$421K$284K20xas long as short