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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Popdex−0.032%7-day average −0.093% · 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 4 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.032%, 7d avg −0.093%
Together, before fees−0.049%+ Points / potential airdropOndo Perps: Active · farm board−$5 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: Ondo Perps is 0.061% dearer against Popdex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT186.510.0048pay 0.0006% / 1h6m 21s$198K$154K20x
ShortOndo Perps EWY-USD.P186.450.0050get 0.0006% / 1h6m 21s$233K$335K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Popdex. 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
$0.5
Price spread: −0.032% → −0.093%
$6.1
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$4.8
Costs to cover
0.114%
Break-even
73.6 days
Slippage unknown: Popdex: live order book, 32 min ago; 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 Popdex live order book, 32 min ago0.53 bp6.4 bp −$69.7 bp −$97doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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
Hotstuff EWY-PERP−3.3808%1h186.30−0.113%$29K$13K20xas long as short
Bitget EWYUSDT−0.0597%8h186.61+0.054%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0026%1h185.94−0.306%$220K25xas long as short
BloFin EWY-USDT−0.0021%8h186.49−0.011%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h186.51−0.001%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.49−0.011%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.51−0.002%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.55+0.021%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.510.000%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.56+0.027%$4.1M$4.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h186.50−0.005%$7.9M$4.4M100xas long as short
Variational Omni EWY0.0000%8h186.45−0.031%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.48−0.016%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.36−0.080%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.054%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.50−0.005%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h186.31−0.107%$378K$40K20xas long as short
Popdex EWYUSDTlong+0.0048%1h186.51long leg$198K$154K20x
tradeXYZ xyz:EWY+0.0050%1h186.36−0.080%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.33−0.097%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.32−0.102%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.48−0.016%$747$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h186.45−0.032%$233K$335K10x
Coinbase International EWY-PERP-INTX+0.0056%1h186.49−0.011%$517K$252K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.48−0.014%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.38−0.070%$959K$601K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h186.42−0.048%$13K$264K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.48−0.016%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0179%1h186.42−0.048%$2K$14K20xas long as short
edgeX EWYUSDC+0.0939%4h186.48−0.014%$418K$285K20xas long as short