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−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against ApeX Omni−0.063%73s7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 3 days (all we have)+0.079%+$8 · spread now −0.063%, 7d avg −0.004%
Together, before fees−0.131%−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.059% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.004%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT189.480.0100pay 0.0013% / 1h45m 52s$13K$262K50x
ShortSunX EWY-USDT189.360get 0.0000% / 8h45m 52s$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.063% → −0.004%
−$5.9
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$44.9
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 31 min ago; SunX: live order book, 11 min ago. Net counts fees only.

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, 31 min ago28.29 bp40.3 bp −$40202.0 bp −$2,020doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago500.21 bpdoesn't fitdoesn't fitdoesn'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%8h189.66+0.095%$3.2M$2.7M50xas long as short
SunX EWY-USDTshort0.0000%8h189.36−0.063%$2.7M20x
Phemex EWYUSDT0.0000%8h189.68+0.106%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.56+0.042%$377K$62K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.72+0.127%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.69+0.111%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.53+0.026%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.52+0.021%$4K$7420xas long as short
SoDEX EWY-USD+0.0050%1h189.66+0.095%$780$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.57+0.047%$230K$193K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.52+0.021%$965K$708K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h189.48long leg$13K$262K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.69+0.111%$2K$1K20xas long as short
Bybit EWYUSDT+0.0135%8h189.76+0.148%$5.2M$4.2M100xas long as short
Paradex EWY-USD-PERP+0.0137%8h189.72+0.127%$235xas long as short
tradeXYZ xyz:EWY+0.0141%1h189.64+0.084%$6.3M$14.6M20xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.58+0.053%$527K$340K20xas long as short
Hotstuff EWY-PERP+0.0176%1h189.58+0.053%$28K$12K20xas long as short
Bitget EWYUSDT+0.0197%8h189.75+0.142%$2.6M$1.5M20xas long as short
HTX EWY-USDT+0.0206%8h189.72+0.127%$36K$8K20xas long as short
OKX EWY-USDT-SWAP+0.0283%8h189.79+0.164%$4.0M$4.1M50xas long as short
edgeX EWYUSDC+0.0312%4h189.59+0.055%$425K$275K20xas long as short
Aster EWYUSDT+0.0511%8h189.56+0.044%$294K$12K20xas long as short
Variational Omni EWY+0.0585%8h189.73+0.133%$1.5M$983Kas long as short
MEXC EWY_USDT+0.0627%8h189.71+0.121%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0629%8h189.71+0.121%$28.5M$79.8M50xas long as short
Extended EWY_24_5-USD+0.0632%1h189.68+0.103%$304K$392K10xas long as short
BloFin EWY-USDT+0.0634%8h189.62+0.074%$47K$214K50xas long as short
GRVT EWY_USDT_Perp+0.0639%8h189.60+0.062%$750K$400K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0647%1h189.70+0.116%$2K$13K20xas long as short