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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0556%/8h= +60.9% APRpaid last 24h −0.020%
Price spread now: GRVT against ApeX Omni−0.008%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$920.925% 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 3 days (all we have)+0.058%+$6 · spread now −0.008%, 7d avg +0.010%
Together, before fees+0.029%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT189.630.0100pay 0.0013% / 1h22m 17s$13K$262K50x
ShortGRVT EWY_USDT_Perp189.610.0656get 0.0656% / 8h22m 17s$750K$394K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$116.76
Price spread: −0.008% → +0.010%
−$1.82
Slippage, 4 orders
−$73.46
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$22.48
Costs to cover
0.925%
Break-even
5.7 days
Slippage from ApeX Omni: live order book, 55 min ago; GRVT: live order book, 56 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, 55 min ago28.29 bp40.3 bp −$40202.0 bp −$2,020doesn't fitdoesn't fit
Sell GRVT live order book, 56 min ago1.59 bp6.6 bp −$712.1 bp −$121doesn'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
Gate EWY_USDT0.0000%8h189.73+0.053%$3.3M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h189.51−0.063%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.75+0.063%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.68+0.026%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.78+0.079%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.75+0.063%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.58−0.026%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.59−0.021%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.71+0.042%$773$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.43−0.105%$243K$206K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.630.000%$966K$692K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h189.63long leg$13K$262K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.72+0.047%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0140%8h189.73+0.053%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.630.000%$528K$340K20xas long as short
Bybit EWYUSDT+0.0163%8h189.85+0.116%$5.3M$4.2M100xas long as short
tradeXYZ xyz:EWY+0.0164%1h189.73+0.053%$6.7M$14.7M20xas long as short
HTX EWY-USDT+0.0216%8h189.65+0.011%$36K$8K20xas long as short
Bitget EWYUSDT+0.0216%8h189.82+0.100%$2.6M$1.6M20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0277%1h189.81+0.095%$2K$13K20xas long as short
OKX EWY-USDT-SWAP+0.0317%8h189.80+0.090%$4.0M$4.1M50xas long as short
Hotstuff EWY-PERP+0.0376%1h189.630.000%$28K$12K20xas long as short
Aster EWYUSDT+0.0550%8h189.65+0.013%$294K$12K20xas long as short
Variational Omni EWY+0.0641%8h189.61−0.009%$1.5M$983Kas long as short
BloFin EWY-USDT+0.0654%8h189.66+0.016%$47K$214K50xas long as short
GRVT EWY_USDT_Perpshort+0.0656%8h189.61−0.008%$750K$394K10x
Extended EWY_24_5-USD+0.0672%1h189.73+0.052%$298K$396K10xas long as short
MEXC EWY_USDT+0.0674%8h189.77+0.074%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0676%8h189.76+0.069%$28.5M$79.8M50xas long as short
edgeX EWYUSDC+0.0981%4h189.61−0.008%$425K$274K20xas long as short