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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Gate against ApeX Omni+0.127%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$980.979% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.205%−$21 on $10k
Price spread, last 3 days (all we have)−0.095%−$10 · spread now +0.127%, 7d avg +0.027%
Together, before fees−0.301%−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.100% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of +0.027%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT189.030.0100pay 0.0013% / 1h25m 14s$13K$262K50x
ShortGate EWY_USDT189.270get 0.0000% / 8h1h 25m$3.2M$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: +0.127% → +0.027%
$9.96
Slippage, 4 orders
−$72.85
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$108.89
Costs to cover
0.979%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 57 min ago; Gate: live order book, 3 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, 57 min ago25.67 bp36.8 bp −$37210.9 bp −$2,109doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.38 bp12.3 bp −$1231.2 bp −$31244.8 bp −$4,47578.2 bp −$39.1K

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−0.0016%1h189.20+0.090%$28K$12K20xas long as short
Gate EWY_USDTshort0.0000%8h189.27+0.127%$3.2M$2.8M50x
SunX EWY-USDT0.0000%8h188.98−0.026%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.28+0.132%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.16+0.069%$377K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.28+0.132%$217K25xas long as short
Bybit EWYUSDT+0.0047%8h189.41+0.201%$5.2M$4.1M100xas long as short
Popdex EWYUSDT+0.0048%1h189.29+0.138%$194K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h189.24+0.111%$6.4M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h189.09+0.032%$49K$36K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps EWY-USD+0.0050%1h189.12+0.048%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h189.27+0.127%$777$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.18+0.079%$221K$182K10xas long as short
KuCoin EWYUSDTM+0.0100%8h189.16+0.069%$959K$725K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h189.03long leg$13K$262K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.28+0.132%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.19+0.085%$525K$332K20xas long as short
edgeX EWYUSDC+0.0143%4h189.24+0.112%$424K$273K20xas long as short
Paradex EWY-USD-PERP+0.0146%8h189.40+0.198%$235xas long as short
Bitget EWYUSDT+0.0173%8h189.31+0.148%$2.5M$1.5M20xas long as short
HTX EWY-USDT+0.0210%8h189.32+0.153%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0230%8h189.36+0.175%$4.0M$4.1M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0384%1h189.29+0.138%$2K$13K20xas long as short
Aster EWYUSDT+0.0475%8h189.13+0.052%$293K$12K20xas long as short
Variational Omni EWY+0.0538%8h189.23+0.107%$1.4M$899Kas long as short
BloFin EWY-USDT+0.0566%8h189.31+0.148%$47K$214K50xas long as short
MEXC EWY_USDT+0.0575%8h189.28+0.132%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0580%8h189.28+0.132%$28.5M$79.4M50xas long as short
Extended EWY_24_5-USD+0.0584%1h189.25+0.116%$304K$403K10xas long as short
GRVT EWY_USDT_Perp+0.0654%8h189.31+0.150%$749K$401K10xas long as short