Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.055%
Price spread now: Binance against Ondo Perps+0.021%7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)+0.291%+$29 · spread now +0.021%, 7d avg +0.102%
=Together, before fees+0.346%+ Points / potential airdropOndo Perps: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.080% cheaper against Ondo Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.102%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps EWY-USD.P | 186.45 | 0.0050 | pay 0.0006% / 1h | 9m 29s | $233K | $335K | 10x |
| Short | Binance EWYUSDT | 186.49 | 0 | get 0.0000% / 8h | 9m 29s | $27.0M | $83.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
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: +0.021% → +0.102%
- −$8.03
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.61
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.27 bp | 6.2 bp −$6 | 8.0 bp −$80 | 22.2 bp −$2,223 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −2.4288% | 1h | 186.41 | −0.021% | $29K | $13K | 20x | as long as short |
| Bitget EWYUSDT | −0.0582% | 8h | 186.60 | +0.080% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0022% | 1h | 186.05 | −0.215% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.55 | +0.052% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.45 | −0.003% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDTshort | 0.0000% | 8h | 186.49 | +0.021% | $27.0M | $83.2M | 50x | |
| Bybit EWYUSDT | 0.0000% | 8h | 186.55 | +0.054% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.53 | +0.043% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.58 | +0.070% | $4.1M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.50 | +0.027% | $7.9M | $4.4M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.45 | +0.001% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.48 | +0.017% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.43 | −0.011% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.61 | +0.086% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.53 | +0.043% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0024% | 8h | 186.50 | +0.027% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.37 | −0.043% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.49 | +0.021% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.38 | −0.038% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.39 | −0.032% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.35 | −0.054% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.48 | +0.016% | $749 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.Plong | +0.0050% | 1h | 186.45 | long leg | $233K | $335K | 10x | |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.49 | +0.021% | $517K | $255K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.53 | +0.041% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.43 | −0.011% | $959K | $601K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 186.42 | −0.016% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.45 | 0.000% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0555% | 1h | 186.44 | −0.005% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0939% | 4h | 186.48 | +0.018% | $418K | $285K | 20x | as long as short |
Binance EWYUSDT
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC