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−0.0079%/8h= −8.6% APRpaid last 24h +0.035%
Price spread now: BloFin against ApeX Omni+0.086%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$870.873% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.086%, 7d avg +0.026%
Together, before fees−0.102%−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.060% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of +0.026%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−0.029% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT186.420.0100pay 0.0013% / 1h12m 18s$13K$264K50x
ShortBloFin EWY-USDT186.580.0021get 0.0021% / 8h12m 18s$48K$217K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$16.49
Price spread: +0.086% → +0.026%
$6.01
Slippage, 4 orders
−$65.34
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$97.82
Costs to cover
0.873%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 25 min ago; BloFin: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 25 min ago26.47 bp37.0 bp −$37211.8 bp −$2,118doesn't fitdoesn't fit
Sell BloFin live order book, 59 min ago0.53 bp6.5 bp −$77.7 bp −$7715.6 bp −$1,561doesn't fit

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−0.1352%1h186.49+0.038%$28K$12K20xas long as short
Bitget EWYUSDT−0.0566%8h186.61+0.102%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0020%1h186.07−0.188%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.60+0.097%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.48+0.035%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.54+0.064%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.61+0.102%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.52+0.054%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.62+0.107%$4.1M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.56+0.075%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.55+0.068%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.60+0.096%$732K$422K10xas long as short
SunX EWY-USDT0.0000%8h186.45+0.016%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.71+0.156%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.54+0.064%$1.6M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0018%1h186.51+0.048%$2K$14K20xas long as short
BloFin EWY-USDTshort+0.0021%8h186.58+0.086%$48K$217K50x
Lighter EWY+0.0032%1h186.43+0.005%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.55+0.070%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.41−0.005%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.46+0.021%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.38−0.021%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.49+0.038%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.41−0.005%$224K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.038%$517K$255K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.59+0.089%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.48+0.032%$960K$600K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h186.42long leg$13K$264K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.54+0.064%$2K$1K20xas long as short
edgeX EWYUSDC+0.0931%4h186.56+0.075%$418K$290K20xas long as short