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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0454%/8h= −49.7% APRnext payment $0.57 per $10,000 · paid last 24h −0.035%
Price spread now: Ondo Perps against Extended−0.086%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−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.086%, 7d avg −0.065%
Together, before fees0.000%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Ondo Perps is 0.021% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EWY_24_5-USD189.640.0504pay 0.0063% / 1h35m 59s$302K$670K10x
ShortOndo Perps EWY-USD.P189.480.0050get 0.0006% / 1h35m 59s$212K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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
−$95.26
Price spread: −0.086% → −0.065%
−$2.07
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$107.33
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: 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 Extended live order book, 32 min ago0.03 bp2.8 bp −$37.3 bp −$73doesn'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+0.004%$2K$13K20xas long as short
Bybit EWYUSDT0.0000%8h189.75+0.057%$5.1M$4.4M100xas long as short
Gate EWY_USDT0.0000%8h189.68+0.020%$4.0M$3.6M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h189.60−0.024%$749K$385K10xas long as short
SunX EWY-USDT0.0000%8h189.76+0.062%$2.6M20xas long as short
HTX EWY-USDT0.0000%8h189.65+0.004%$22K$37K20xas long as short
Phemex EWYUSDT0.0000%8h189.71+0.036%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h189.54−0.054%$384K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.80+0.083%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.65+0.004%$197K$146K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h190.28+0.336%$531K$336K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.65+0.004%$6.2M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h189.65+0.004%$51K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.52−0.065%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.61−0.017%$631$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h189.48−0.086%$212K$250K10x
Paradex EWY-USD-PERP+0.0060%8h189.59−0.028%$235xas long as short
edgeX EWYUSDC+0.0083%4h189.50−0.074%$425K$282K20xas long as short
KuCoin EWYUSDTM+0.0100%8h189.61−0.017%$976K$634K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h189.57−0.038%$13K$263K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.71+0.036%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0192%1h189.62−0.012%$28K$12K20xas long as short
OKX EWY-USDT-SWAP+0.0213%8h189.70+0.030%$4.1M$3.5M50xas long as short
Bitget EWYUSDT+0.0255%8h189.70+0.030%$2.7M$1.9M20xas long as short
Aster EWYUSDT+0.0398%8h189.77+0.065%$294K$12K20xas long as short
Variational Omni EWY+0.0472%8h189.67+0.012%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0501%8h189.70+0.030%$28.3M$77.5M50xas long as short
Extended EWY_24_5-USDlong+0.0504%1h189.64long leg$302K$670K10x
MEXC EWY_USDT+0.0505%8h189.69+0.025%$7.0M$4.2M100xas long as short
BloFin EWY-USDT+0.0565%8h190.43+0.415%$2K$214K50xas long as short