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−0.0042%/8h= −4.6% APRnext payment $0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Polymarket Perps−0.143%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.143% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps EWY-USD188.700.0093pay 0.0012% / 1h44m 58s$4K$7K20x
ShortOndo Perps EWY-USD.P188.430.0050get 0.0006% / 1h44m 58s$226K$316K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket 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
−$8.89
Price spread: −0.143% → 0.000%
−$14.31
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$36.2
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Ondo Perps: no order-book sample. 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 Polymarket Perps no order-book sample
Sell Ondo Perps no order-book sample
Polymarket Perps and 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%1h188.40−0.159%$28K$16K20xas long as short
Bybit EWYUSDT0.0000%8h188.61−0.048%$5.0M$5.0M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.59−0.058%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.63−0.037%$3.1M$3.1M20xas long as short
SunX EWY-USDT0.0000%8h188.27−0.228%$1.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.62−0.042%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.40−0.159%$382K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.64−0.032%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.61−0.048%$201K$167K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.53−0.090%$5.9M$15.5M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:EWY+0.0050%1h188.63−0.037%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.58−0.064%$775$3K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h188.43−0.143%$226K$316K10x
Paradex EWY-USD-PERP+0.0055%8h188.69−0.003%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0088%1h188.37−0.175%$523K$252K20xas long as short
edgeX EWYUSDC+0.0089%4h188.82+0.063%$423K$290K20xas long as short
Polymarket Perps EWY-USDlong+0.0093%1h188.70long leg$4K$7K20x
Gate EWY_USDT+0.0094%8h188.63−0.037%$4.0M$4.8M50xas long as short
KuCoin EWYUSDTM+0.0100%8h188.40−0.159%$970K$704K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.84+0.074%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.56−0.074%$2K$1K20xas long as short
Aster EWYUSDT+0.0146%8h188.51−0.100%$292K$14K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0175%1h188.53−0.090%$3K$12K20xas long as short
Variational Omni EWY+0.0205%8h188.62−0.044%$1.1M$941Kas long as short
MEXC EWY_USDT+0.0231%8h188.61−0.048%$7.4M$4.3M100xas long as short
Binance EWYUSDT+0.0237%8h188.62−0.042%$26.2M$86.6M50xas long as short
Extended EWY_24_5-USD+0.0240%1h188.54−0.086%$247K$935K10xas long as short
BloFin EWY-USDT+0.0250%8h188.62−0.042%$48K$237K50xas long as short
HTX EWY-USDT+0.0409%8h188.94+0.127%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.0912%8h188.84+0.076%$740K$408K10xas long as short