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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.052%
Price spread now: Ondo Perps against Variational Omni−0.075%7-day average −0.084% · 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)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.075%, 7d avg −0.084%
Together, before fees−0.012%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY188.310get 0.0000% / 8h2h 10m$1.2M$1.1M
ShortOndo Perps EWY-USD.P188.170.0050get 0.0006% / 1h10m 39s$216K$318K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Variational Omni. 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: −0.075% → −0.084%
$0.88
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$6.46
Costs to cover
0.050%
Break-even
2.7 days
Slippage unknown: Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago2.23 bpdoesn't fit5.3 bp −$53doesn'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
Bitget EWYUSDT−0.0162%8h188.35+0.020%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0021%8h188.36+0.025%$48K$216K50xas long as short
Aster EWYUSDT0.0000%8h188.30−0.005%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.24−0.040%$240K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.35+0.021%$27.4M$81.1M50xas long as short
Bybit EWYUSDT0.0000%8h188.42+0.057%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.22−0.049%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.34+0.015%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.28−0.017%$8.9M$4.2M100xas long as short
Variational Omni EWYlong0.0000%8h188.31long leg$1.2M$1.1M
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h187.62−0.369%$741K$426K10xas long as short
SunX EWY-USDT0.0000%8h188.26−0.028%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.11−0.107%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.37+0.031%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.18−0.070%$381K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.91−0.213%$523K$278K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.05−0.139%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.35+0.020%$198K$150K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.20−0.059%$6.3M$14.5M20xas long as short
Entropy io:EWY+0.0050%1h188.05−0.139%$125K$111K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.18−0.070%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.29−0.012%$734$4K10xas long as short
Ondo Perps EWY-USD.Pshort+0.0050%1h188.17−0.075%$216K$318K10x
Paradex EWY-USD-PERP+0.0058%8h188.35+0.020%$235xas long as short
Hotstuff EWY-PERP+0.0072%1h188.25−0.033%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.07−0.129%$969K$599K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h187.89−0.224%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.33+0.010%$2K$1K20xas long as short
edgeX EWYUSDC+0.0161%4h187.95−0.192%$421K$283K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0228%1h188.32+0.004%$2K$14K20xas long as short