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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Entropy against Ondo Perps+0.106%7-day average +0.044% · 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 4 days (all we have)+0.115%+$11 on $10k
Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.106%, 7d avg +0.044%
Together, before fees−0.017%+ Points / potential airdropOndo Perps: Active · farm board−$2 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: Entropy is 0.063% dearer against Ondo Perps than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P188.430.0050pay 0.0006% / 1h44m 55s$226K$316K10x
ShortEntropy io:EWY188.630.0050get 0.0006% / 1h44m 55s$143K$118K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
−$0.08
Price spread: +0.106% → +0.044%
$6.25
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$16.83
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Entropy: live order book, 57 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 Entropy live order book, 57 min ago9.32 bp21.1 bp −$21doesn't fitdoesn'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 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%1h188.40−0.016%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.56+0.069%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.59+0.085%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.56+0.069%$3.1M$3.1M20xas long as short
SunX EWY-USDT0.0000%8h188.27−0.085%$1.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.62+0.101%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.40−0.016%$382K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.64+0.111%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.61+0.096%$201K$167K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.53+0.053%$5.9M$15.5M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWYshort+0.0050%1h188.63+0.106%$143K$118K25x
SoDEX EWY-USD+0.0050%1h188.58+0.080%$775$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h188.43long leg$226K$316K10x
Paradex EWY-USD-PERP+0.0055%8h188.69+0.140%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.37−0.032%$523K$252K20xas long as short
edgeX EWYUSDC+0.0089%4h188.82+0.207%$423K$290K20xas long as short
Polymarket Perps EWY-USD+0.0093%1h188.70+0.143%$4K$7K20xas long as short
Gate EWY_USDT+0.0094%8h188.65+0.117%$4.0M$4.8M50xas long as short
KuCoin EWYUSDTM+0.0100%8h188.430.000%$969K$704K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.84+0.218%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.56+0.069%$2K$1K20xas long as short
Aster EWYUSDT+0.0146%8h188.46+0.014%$292K$14K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0175%1h188.53+0.053%$3K$12K20xas long as short
Variational Omni EWY+0.0205%8h188.62+0.099%$1.1M$941Kas long as short
MEXC EWY_USDT+0.0231%8h188.60+0.090%$7.4M$4.3M100xas long as short
Binance EWYUSDT+0.0237%8h188.58+0.080%$26.2M$86.6M50xas long as short
Extended EWY_24_5-USD+0.0240%1h188.54+0.057%$247K$935K10xas long as short
BloFin EWY-USDT+0.0250%8h188.62+0.101%$48K$237K50xas long as short
HTX EWY-USDT+0.0409%8h188.94+0.271%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.0912%8h188.84+0.219%$740K$408K10xas long as short