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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EWYUSDT | 189.03 | 0.0100 | pay 0.0013% / 1h | 25m 14s | $13K | $262K | 50x |
| Short | Gate EWY_USDT | 189.27 | 0 | get 0.0000% / 8h | 1h 25m | $3.2M | $2.8M | 50x |
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 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: +0.127% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 57 min ago | 25.67 bp | 36.8 bp −$37 | 210.9 bp −$2,109 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.38 bp | 12.3 bp −$12 | 31.2 bp −$312 | 44.8 bp −$4,475 | 78.2 bp −$39.1K |
EWY on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.0016% | 1h | 189.20 | +0.090% | $28K | $12K | 20x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 189.27 | +0.127% | $3.2M | $2.8M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 188.98 | −0.026% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.28 | +0.132% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.16 | +0.069% | $377K | $95K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.28 | +0.132% | — | $217K | 25x | as long as short |
| Bybit EWYUSDT | +0.0047% | 8h | 189.41 | +0.201% | $5.2M | $4.1M | 100x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.29 | +0.138% | $194K | $138K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.24 | +0.111% | $6.4M | $14.8M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.09 | +0.032% | $49K | $36K | 25x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.12 | +0.048% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.27 | +0.127% | $777 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.18 | +0.079% | $221K | $182K | 10x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.16 | +0.069% | $959K | $725K | 20x | as long as short |
| ApeX Omni EWYUSDTlong | +0.0100% | 1h | 189.03 | long leg | $13K | $262K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.28 | +0.132% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.19 | +0.085% | $525K | $332K | 20x | as long as short |
| edgeX EWYUSDC | +0.0143% | 4h | 189.24 | +0.112% | $424K | $273K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0146% | 8h | 189.40 | +0.198% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0173% | 8h | 189.31 | +0.148% | $2.5M | $1.5M | 20x | as long as short |
| HTX EWY-USDT | +0.0210% | 8h | 189.32 | +0.153% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0230% | 8h | 189.36 | +0.175% | $4.0M | $4.1M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0384% | 1h | 189.29 | +0.138% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0475% | 8h | 189.13 | +0.052% | $293K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0538% | 8h | 189.23 | +0.107% | $1.4M | $899K | — | as long as short |
| BloFin EWY-USDT | +0.0566% | 8h | 189.31 | +0.148% | $47K | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0575% | 8h | 189.28 | +0.132% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0580% | 8h | 189.28 | +0.132% | $28.5M | $79.4M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0584% | 1h | 189.25 | +0.116% | $304K | $403K | 10x | as long as short |
| GRVT EWY_USDT_Perp | +0.0654% | 8h | 189.31 | +0.150% | $749K | $401K | 10x | as long as short |
ApeX Omni EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Bybit EWYUSDT
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
KuCoin EWYUSDTM
Coinbase International EWY-PERP-INTX
edgeX EWYUSDC
Paradex EWY-USD-PERP
Bitget EWYUSDT
HTX EWY-USDT
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
GRVT EWY_USDT_Perp