Funding you earn now, next payment 11:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Coinbase International against Ondo Perps−0.159%7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.159%, 7d avg +0.015%
=Together, before fees+0.200%+ Points / potential airdropOndo Perps: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.175% cheaper against Ondo Perps than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps EWY-USD.P | 188.38 | 0.0050 | pay 0.0006% / 1h | 57m 58s | $225K | $315K | 10x |
| Short | Coinbase International EWY-PERP-INTX | 188.08 | 0.0048 | get 0.0006% / 1h | 57m 58s | $523K | $254K | 20x |
Ondo Perps EWY-USD.P
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$0.5
- Price spread: −0.159% → +0.015%
- −$17.46
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$32.96
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 48 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 Coinbase International live order book, 48 min ago | 4.78 bp | 10.2 bp −$10 | 14.0 bp −$140 | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 188.51 | +0.069% | $5.0M | $5.0M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.45 | +0.037% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 188.46 | +0.042% | $3.2M | $3.2M | 20x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.23 | −0.080% | — | $1.6M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.46 | +0.042% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.34 | −0.021% | $382K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.59 | +0.111% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.49 | +0.058% | $201K | $166K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 188.08 | −0.159% | $523K | $254K | 20x | |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.36 | −0.011% | $5.9M | $14.8M | 20x | as long as short |
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWYShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 188.47 | +0.048% | $143K | $118K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.46 | +0.042% | $776 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.Plong | +0.0050% | 1h | 188.38 | long leg | $225K | $315K | 10x | |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 188.59 | +0.110% | $23 | — | 5x | as long as short |
| Gate EWY_USDT | +0.0068% | 8h | 188.50 | +0.064% | $3.9M | $4.9M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0069% | 1h | 188.44 | +0.032% | $3K | $11K | 20x | as long as short |
| edgeX EWYUSDC | +0.0069% | 4h | 188.51 | +0.067% | $423K | $291K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0096% | 1h | 188.54 | +0.085% | $28K | $16K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.31 | −0.037% | $970K | $738K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.34 | −0.021% | $13K | $266K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.49 | +0.058% | $2K | $1K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0245% | 1h | 188.62 | +0.127% | $4K | $7K | 20x | as long as short |
| Aster EWYUSDT | +0.0358% | 8h | 188.36 | −0.010% | $292K | $14K | 20x | as long as short |
| Variational Omni EWY | +0.0423% | 8h | 188.55 | +0.088% | $1.1M | $941K | — | as long as short |
| BloFin EWY-USDT | +0.0448% | 8h | 188.75 | +0.196% | $49K | $245K | 50x | as long as short |
| MEXC EWY_USDT | +0.0452% | 8h | 188.42 | +0.021% | $6.8M | $4.5M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0456% | 1h | 188.38 | +0.002% | $247K | $1.2M | 10x | as long as short |
| Binance EWYUSDT | +0.0459% | 8h | 188.42 | +0.021% | $26.1M | $86.2M | 50x | as long as short |
| HTX EWY-USDT | +0.0542% | 8h | 188.66 | +0.149% | $22K | $36K | 20x | as long as short |
| GRVT EWY_USDT_Perp | +0.1023% | 8h | 188.59 | +0.110% | $739K | $413K | 10x | as long as short |
Entropy io:EWY
SoDEX EWY-USD
Paradex EWY-USD-PERP
Gate EWY_USDT
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC
Hotstuff EWY-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Polymarket Perps EWY-USD
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
MEXC EWY_USDT
Extended EWY_24_5-USD
Binance EWYUSDT
HTX EWY-USDT
GRVT EWY_USDT_Perp