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

EWY

RWAall EWY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0286%/8h= +31.3% APRnext payment +$0.36 per $10,000 · paid last 24h +0.036%
Price spread now: Extended against Ondo Perps−0.019%7-day average +0.065% · you buy dearer than you sell
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+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.019%, 7d avg +0.065%
Together, before fees+0.120%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.084% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.065%). If the spread goes back, that is −$8 on $10k: about 23 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.011% in total) that is about 52 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P188.200.0050pay 0.0006% / 1h26m 33s$225K$315K10x
ShortExtended EWY_24_5-USD188.160.0336get 0.0042% / 1h26m 33s$247K$935K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Ondo Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$59.98
Price spread: −0.019% → +0.065%
−$8.37
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$41.6
Costs to cover
0.100%
Break-even
2.1 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 20 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 Extended live order book, 20 min ago0.03 bp2.9 bp −$35.9 bp −$59doesn'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%1h188.08−0.064%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.24+0.021%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.22+0.011%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.26+0.032%$3.1M$3.1M20xas long as short
SunX EWY-USDT0.0000%8h187.94−0.138%$1.7M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h188.18−0.011%$3K$12K20xas long as short
Phemex EWYUSDT0.0000%8h188.28+0.043%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.07−0.069%$381K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.25+0.027%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.24+0.021%$201K$166K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h188.15−0.027%$5.9M$15.5M20xas long as short
Entropy io:EWY+0.0050%1h188.17−0.016%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.23+0.016%$779$3K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h188.20long leg$225K$315K10x
Paradex EWY-USD-PERP+0.0056%8h188.33+0.071%$235xas long as short
Gate EWY_USDT+0.0070%8h188.30+0.053%$4.0M$4.8M50xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.19−0.005%$524K$255K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.16−0.021%$969K$720K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.05−0.080%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.24+0.021%$2K$1K20xas long as short
Polymarket Perps EWY-USD+0.0185%1h188.40+0.106%$4K$7K20xas long as short
Aster EWYUSDT+0.0241%8h188.10−0.055%$291K$14K20xas long as short
Variational Omni EWY+0.0289%8h188.24+0.022%$1.1M$941Kas long as short
BloFin EWY-USDT+0.0301%8h188.23+0.016%$48K$241K50xas long as short
MEXC EWY_USDT+0.0333%8h188.22+0.011%$7.4M$4.4M100xas long as short
Extended EWY_24_5-USDshort+0.0336%1h188.16−0.019%$247K$935K10x
Binance EWYUSDT+0.0341%8h188.23+0.014%$26.1M$86.5M50xas long as short
edgeX EWYUSDC+0.0421%4h188.29+0.048%$422K$288K20xas long as short
HTX EWY-USDT+0.0506%8h188.29+0.048%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.0982%8h188.28+0.043%$738K$412K10xas long as short