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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.054%
Price spread now: Bitget against Ondo Perps+0.096%50s7-day average +0.096% · 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−0.134%−$13 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.096%, 7d avg +0.096%
Together, before fees−0.131%+ Points / potential airdropOndo Perps: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.096%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P188.380.0050pay 0.0006% / 1h1m 49s$225K$315K10x
ShortBitget EWYUSDT188.560get 0.0000% / 8h5h 01m$3.2M$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.096% → +0.096%
−$0.09
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$27.68
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago0.80 bp8.6 bp −$911.9 bp −$11926.5 bp −$2,65182.0 bp −$41.0K
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−8.0000%1h188.48+0.053%$28K$19K20xas long as short
Bybit EWYUSDT0.0000%8h188.60+0.117%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.53+0.080%$4.0M$4.9M50xas long as short
Bitget EWYUSDTshort0.0000%8h188.56+0.096%$3.2M$3.2M20x
SunX EWY-USDT0.0000%8h188.25−0.069%$1.6M20xas long as short
Phemex EWYUSDT0.0000%8h188.54+0.085%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.39+0.005%$382K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.62+0.127%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.56+0.096%$201K$166K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.42+0.021%$5.9M$14.8M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.47+0.048%$143K$119K25xas long as short
SoDEX EWY-USD+0.0050%1h188.54+0.085%$776$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h188.38long leg$225K$315K10x
Paradex EWY-USD-PERP+0.0054%8h188.63+0.133%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0068%1h188.50+0.064%$3K$11K20xas long as short
Gate EWY_USDT+0.0074%8h188.58+0.106%$4.0M$4.9M50xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.08−0.159%$523K$254K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.37−0.005%$969K$735K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.30−0.042%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.57+0.101%$2K$1K20xas long as short
Polymarket Perps EWY-USD+0.0196%1h188.68+0.159%$4K$7K20xas long as short
Aster EWYUSDT+0.0343%8h188.44+0.032%$292K$14K20xas long as short
Variational Omni EWY+0.0403%8h188.50+0.061%$1.1M$941Kas long as short
BloFin EWY-USDT+0.0430%8h188.53+0.080%$48K$245K50xas long as short
MEXC EWY_USDT+0.0438%8h188.53+0.080%$7.1M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0440%1h188.48+0.052%$247K$1.1M10xas long as short
Binance EWYUSDT+0.0444%8h188.54+0.085%$26.2M$86.1M50xas long as short
HTX EWY-USDT+0.0536%8h188.52+0.074%$22K$36K20xas long as short
edgeX EWYUSDC+0.0663%4h188.48+0.054%$422K$290K20xas long as short
GRVT EWY_USDT_Perp+0.1026%8h188.52+0.073%$739K$412K10xas long as short