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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.042%
Price spread now: Aster against Ondo Perps+0.265%7-day average +0.087% · you sell dearer than you buy
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+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.265%, 7d avg +0.087%
Together, before fees−0.032%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.178% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.265% now, against its 7-day average of +0.087%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P185.630.0050pay 0.0006% / 1h16m 59s$233K$316K10x
ShortAster EWYUSDT186.120get 0.0000% / 8h7h 16m$288K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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
−$10.58
Price spread: +0.265% → +0.087%
$17.75
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$5.83
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 15 min ago. 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 Ondo Perps no order-book sample
Sell Aster live order book, 15 min ago1.89 bp6.4 bp −$68.0 bp −$80doesn't fitdoesn't fit
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−0.0452%8h186.17+0.291%$3.1M$2.7M20xas long as short
BloFin EWY-USDT−0.0015%8h186.17+0.291%$48K$221K50xas long as short
Vest EWY-USD-PERP−0.0008%1h185.85+0.119%$231K25xas long as short
Aster EWYUSDTshort0.0000%8h186.12+0.265%$288K$14K20x
Extended EWY_24_5-USD0.0000%1h186.10+0.255%$239K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.16+0.284%$26.8M$82.0M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.15+0.280%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h186.25+0.334%$4.2M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.14+0.275%$7.5M$4.5M100xas long as short
Variational Omni EWY0.0000%8h185.77+0.074%$1.1M$1.0Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h185.85+0.117%$728K$415K10xas long as short
SunX EWY-USDT0.0000%8h186.17+0.291%$2.2M20xas long as short
HTX EWY-USDT0.0000%8h185.64+0.005%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.11+0.259%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h185.97+0.183%$377K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.20+0.307%$195K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.00+0.199%$6.0M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h185.79+0.086%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.07+0.237%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.07+0.237%$741$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h185.63long leg$233K$316K10x
Paradex EWY-USD-PERP+0.0055%8h186.13+0.271%$225xas long as short
edgeX EWYUSDC+0.0057%4h185.81+0.097%$417K$286K20xas long as short
Bybit EWYUSDT+0.0058%8h186.18+0.296%$5.0M$4.9M100xas long as short
KuCoin EWYUSDTM+0.0100%8h185.95+0.172%$957K$636K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h185.70+0.038%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.14+0.275%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.38−0.135%$515K$249K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0180%1h186.10+0.253%$3K$15K20xas long as short
Hotstuff EWY-PERP+0.0216%1h185.99+0.194%$28K$16K20xas long as short