Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.040%
Price spread now: Binance against ApeX Omni−0.043%49s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.854% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.264%+$26 · spread now −0.043%, 7d avg +0.019%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.062% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EWYUSDT | 185.65 | 0.0100 | pay 0.0013% / 1h | 34m 39s | $13K | $264K | 50x |
| Short | Binance EWYUSDT | 185.57 | 0 | get 0.0000% / 8h | 7h 34m | $26.9M | $82.1M | 50x |
ApeX Omni EWYUSDT
Binance EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.043% → +0.019%
- −$6.24
- Slippage, 4 orders
- −$65.42
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.65
- Costs to cover
- 0.854%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 62 min ago; Binance: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 62 min ago | 26.47 bp | 37.0 bp −$37 | 211.8 bp −$2,118 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.27 bp | 5.4 bp −$5 | 7.8 bp −$78 | 22.1 bp −$2,211 | doesn't fit |
EWY on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0522% | 8h | 185.62 | −0.016% | $3.1M | $2.6M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0240% | 1h | 185.57 | −0.043% | $27K | $16K | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0018% | 1h | 185.31 | −0.183% | — | $235K | 25x | as long as short |
| BloFin EWY-USDT | −0.0017% | 8h | 185.66 | +0.005% | $48K | $219K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 185.72 | +0.038% | $288K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 185.60 | −0.028% | $239K | $916K | 10x | as long as short |
| Binance EWYUSDTshort | 0.0000% | 8h | 185.57 | −0.043% | $26.9M | $82.1M | 50x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 185.52 | −0.070% | $4.1M | $4.6M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 185.70 | +0.027% | $4.1M | $4.4M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 185.54 | −0.059% | $7.6M | $4.4M | 100x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
Vest EWY-USD-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 185.61 | −0.019% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 185.76 | +0.060% | $728K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 185.77 | +0.065% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 185.69 | +0.022% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 185.66 | +0.005% | $1.6M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 185.36 | −0.156% | $376K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 185.65 | 0.000% | $197K | $153K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 185.41 | −0.129% | $6.2M | $14.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 185.50 | −0.081% | $141K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 185.46 | −0.102% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 185.63 | −0.011% | $742 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 185.58 | −0.038% | $234K | $334K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0058% | 8h | 185.52 | −0.068% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 185.59 | −0.032% | $955K | $621K | 20x | as long as short |
| ApeX Omni EWYUSDTlong | +0.0100% | 1h | 185.65 | long leg | $13K | $264K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 185.67 | +0.011% | $2K | $1K | 20x | as long as short |
| Bybit EWYUSDT | +0.0112% | 8h | 185.58 | −0.038% | $4.9M | $4.8M | 100x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0112% | 1h | 185.80 | +0.081% | $515K | $250K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0289% | 1h | 185.60 | −0.027% | $3K | $15K | 20x | as long as short |
| edgeX EWYUSDC | +0.0794% | 4h | 185.74 | +0.049% | $416K | $285K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Bybit EWYUSDT
Coinbase International EWY-PERP-INTX
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC