Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Coinbase International against ApeX Omni−0.121%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$980.984% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.121%, 7d avg −0.056%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.065% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EWYUSDT | 190.06 | 0.0100 | pay 0.0013% / 1h | 48m 59s | $13K | $265K | 50x |
| Short | Coinbase International EWY-PERP-INTX | 189.83 | 0.0048 | get 0.0006% / 1h | 48m 59s | $530K | $293K | 20x |
ApeX Omni EWYUSDT
Coinbase International EWY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$10.92
- Price spread: −0.121% → −0.056%
- −$6.51
- Slippage, 4 orders
- −$78.42
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$115.84
- Costs to cover
- 0.984%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 3 min ago; Coinbase International: live order book, 4 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, 3 min ago | 28.42 bp | 40.6 bp −$41 | 216.5 bp −$2,165 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 4.21 bp | 9.4 bp −$9 | 12.1 bp −$121 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWYUSDT | 0.0000% | 8h | 189.98 | −0.044% | $295K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.87 | −0.100% | $5.1M | $4.2M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 189.85 | −0.110% | $4.1M | $3.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.85 | −0.110% | $4.2M | $3.8M | 50x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.85 | −0.110% | $2.7M | $2.0M | 20x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.04 | −0.009% | $752K | $396K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.81 | −0.132% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.87 | −0.100% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.08 | +0.011% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.84 | −0.116% | $1.7M | $37K | 10x | as long as short |
Aster EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Bitget EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | +0.0006% | 8h | 190.00 | −0.031% | $1.2M | $1.1M | — | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.81 | −0.132% | $384K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.05 | −0.005% | — | $220K | 25x | as long as short |
| Extended EWY_24_5-USD | +0.0048% | 1h | 189.87 | −0.102% | $301K | $669K | 10x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.93 | −0.068% | $198K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTXshort | +0.0048% | 1h | 189.83 | −0.121% | $530K | $293K | 20x | |
| Binance EWYUSDT | +0.0049% | 8h | 189.88 | −0.094% | $27.7M | $76.4M | 50x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.78 | −0.147% | $6.1M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.88 | −0.095% | $30K | $65K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.78 | −0.147% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.90 | −0.084% | $743 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.81 | −0.132% | $198K | $267K | 10x | as long as short |
| MEXC EWY_USDT | +0.0051% | 8h | 189.88 | −0.095% | $6.2M | $3.8M | 100x | as long as short |
| Paradex EWY-USD-PERP | +0.0054% | 8h | 189.94 | −0.062% | $23 | — | 5x | as long as short |
| BloFin EWY-USDT | +0.0064% | 8h | 189.90 | −0.084% | $47K | $213K | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.86 | −0.105% | $978K | $613K | 20x | as long as short |
| ApeX Omni EWYUSDTlong | +0.0100% | 1h | 190.06 | long leg | $13K | $265K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.90 | −0.084% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0144% | 1h | 189.88 | −0.095% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0307% | 4h | 190.03 | −0.017% | $426K | $284K | 20x | as long as short |
Variational Omni EWY
Lighter EWY
Vest EWY-USD-PERP
Extended EWY_24_5-USD
Popdex EWYUSDT
Binance EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
MEXC EWY_USDT
Paradex EWY-USD-PERP
BloFin EWY-USDT
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
edgeX EWYUSDC