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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Ondo Perps+0.095%7-day average +0.066% · 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−0.125%−$13 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.095%, 7d avg +0.066%
Together, before fees−0.206%+ Points / potential airdropOndo Perps: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.030% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.066%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps EWY-USD.P188.630.0050pay 0.0006% / 1h5m 26s$202K$304K10x
ShortSunX EWY-USDT188.810get 0.0000% / 8h3h 05m$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.095% → +0.066%
$2.97
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.62
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 2 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 SunX live order book, 2 min ago500.13 bpdoesn't fitdoesn'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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EWYUSDT0.0000%8h188.89+0.137%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.76+0.068%$300K$422K10xas long as short
Binance EWYUSDT0.0000%8h188.81+0.095%$27.6M$77.7M50xas long as short
Bybit EWYUSDT0.0000%8h188.86+0.122%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.78+0.080%$4.2M$4.0M50xas long as short
Gate EWY_USDT0.0000%8h188.81+0.095%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h188.86+0.122%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h188.82+0.101%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h188.85+0.118%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h188.70+0.037%$746K$406K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDTshort0.0000%8h188.81+0.095%$2.5M20x
Deribit EWY_USDC-PERPETUAL0.0000%1h188.86+0.122%$2K$14K20xas long as short
HTX EWY-USDT0.0000%8h188.91+0.148%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.88+0.133%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0029%8h188.75+0.064%$48K$214K50xas long as short
Lighter EWY+0.0032%1h188.72+0.048%$383K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.73+0.053%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.81+0.095%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.40−0.122%$524K$290K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.71+0.042%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.73+0.053%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.64+0.005%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.86+0.122%$731$4K10xas long as short
Ondo Perps EWY-USD.Plong+0.0050%1h188.63long leg$202K$304K10x
Paradex EWY-USD-PERP+0.0051%8h188.83+0.105%$235xas long as short
KuCoin EWYUSDTM+0.0100%8h188.71+0.042%$973K$613K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.81+0.095%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.93+0.159%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0624%1h188.76+0.069%$28K$12K20xas long as short
edgeX EWYUSDC+0.0734%4h188.57−0.034%$423K$284K20xas long as short