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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Popdex against ApeX Omni+0.027%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$850.850% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.027%, 7d avg +0.019%
Together, before fees−0.037%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT185.760.0100pay 0.0013% / 1h41m 20s$13K$264K50x
ShortPopdex EWYUSDT185.810.0048get 0.0006% / 1h41m 20s$197K$153K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$10.92
Price spread: +0.027% → +0.019%
$0.76
Slippage, 4 orders
−$68.61
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$95.16
Costs to cover
0.850%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 56 min ago; Popdex: live order book, 57 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, 56 min ago26.47 bp37.0 bp −$37211.8 bp −$2,118doesn't fitdoesn't fit
Sell Popdex live order book, 57 min ago0.53 bp4.3 bp −$47.7 bp −$77doesn'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
Bitget EWYUSDT−0.0546%8h185.84+0.043%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0022%1h185.53−0.124%$235K25xas long as short
Aster EWYUSDT0.0000%8h185.97+0.112%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h185.78+0.009%$240K$916K10xas long as short
Binance EWYUSDT0.0000%8h185.77+0.004%$26.9M$82.2M50xas long as short
OKX EWY-USDT-SWAP0.0000%8h185.84+0.043%$4.1M$4.6M50xas long as short
Gate EWY_USDT0.0000%8h185.86+0.054%$4.1M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h185.80+0.022%$7.8M$4.4M100xas long as short
Variational Omni EWY0.0000%8h185.89+0.072%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h185.93+0.093%$728K$421K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h185.90+0.075%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.06+0.161%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h185.75−0.005%$1.6M$36K10xas long as short
BloFin EWY-USDT+0.0004%8h185.81+0.027%$48K$218K50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0019%1h185.760.000%$3K$15K20xas long as short
Lighter EWY+0.0032%1h185.65−0.059%$376K$40K20xas long as short
Popdex EWYUSDTshort+0.0048%1h185.81+0.027%$197K$153K20x
tradeXYZ xyz:EWY+0.0050%1h185.67−0.048%$6.2M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h185.78+0.011%$141K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h185.67−0.048%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h185.74−0.011%$741$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h185.72−0.022%$234K$334K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h185.81+0.027%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h185.84+0.043%$956K$619K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h185.76long leg$13K$264K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h185.87+0.059%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h185.80+0.022%$515K$251K20xas long as short
Bybit EWYUSDT+0.0114%8h185.88+0.065%$4.9M$4.8M100xas long as short
Hotstuff EWY-PERP+0.0200%1h185.83+0.038%$28K$15K20xas long as short
edgeX EWYUSDC+0.0859%4h185.95+0.101%$417K$287K20xas long as short