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+0.0575%/8h= +62.9% APRpaid last 24h +0.166%
Price spread now: edgeX against ApeX Omni+0.084%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$940.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.879%+$88 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.084%, 7d avg +0.007%
Together, before fees+0.833%+ Points / potential airdropedgeX: Active · farm board+$83 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and edgeX is 0.077% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT186.570.0100pay 0.0013% / 1h17m 07s$13K$264K50x
ShortedgeX EWYUSDC186.730.0675get 0.0337% / 4h17m 07s$419K$289K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$120.7
Price spread: +0.084% → +0.007%
$7.69
Slippage, 4 orders
−$75.2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$34.19
Costs to cover
0.942%
Break-even
5.0 days
Slippage from ApeX Omni: live order book, 20 min ago; edgeX: live order book, 21 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, 20 min ago26.47 bp37.0 bp −$37211.8 bp −$2,118doesn't fitdoesn't fit
Sell edgeX live order book, 21 min ago5.08 bp10.1 bp −$1014.4 bp −$144doesn't fitdoesn'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−0.1488%1h186.53−0.021%$28K$12K20xas long as short
Bitget EWYUSDT−0.0541%8h186.67+0.054%$3.0M$2.6M20xas long as short
BloFin EWY-USDT−0.0019%8h186.65+0.043%$48K$217K50xas long as short
Vest EWY-USD-PERP−0.0017%1h186.19−0.204%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.67+0.055%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.51−0.031%$237K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.59+0.011%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.64+0.038%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.52−0.027%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.64+0.038%$4.1M$4.4M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h186.58+0.005%$7.9M$4.4M100xas long as short
Variational Omni EWY0.0000%8h186.65+0.044%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.74+0.094%$732K$422K10xas long as short
SunX EWY-USDT0.0000%8h186.46−0.059%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.71+0.075%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.61+0.021%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h186.44−0.070%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.64+0.038%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.47−0.054%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.51−0.032%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.49−0.043%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.54−0.016%$751$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.62+0.027%$224K$326K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.66+0.048%$518K$255K20xas long as short
Paradex EWY-USD-PERP+0.0058%8h186.63+0.032%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.47−0.054%$960K$601K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h186.57long leg$13K$264K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.56−0.005%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0286%1h186.56−0.005%$2K$14K20xas long as short
edgeX EWYUSDCshort+0.0675%4h186.73+0.084%$419K$289K20x