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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.037%
Price spread now: Variational Omni against ApeX Omni−0.015%7-day average +0.013% · 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 4 days (all we have)−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.015%, 7d avg +0.013%
Together, before fees+0.010%+ Points / potential airdropVariational Omni: Active · farm board+$1 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 Variational Omni is 0.028% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT187.490.0100pay 0.0013% / 1h5m 13s$13K$265K50x
ShortVariational Omni EWY187.460get 0.0000% / 8h1h 05m$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.015% → +0.013%
−$2.82
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$33.82
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 37 min ago; Variational Omni: RFQ quote, 4 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, 37 min ago28.21 bp39.5 bp −$39206.5 bp −$2,065doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.24 bpdoesn't fit5.2 bp −$52doesn'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−0.0323%8h187.53+0.021%$2.7M$2.3M20xas long as short
Aster EWYUSDT0.0000%8h187.46−0.014%$291K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h187.41−0.044%$239K$496K10xas long as short
Binance EWYUSDT0.0000%8h187.46−0.016%$27.1M$81.5M50xas long as short
Bybit EWYUSDT0.0000%8h187.490.000%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h187.45−0.021%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h187.52+0.016%$4.0M$4.4M50xas long as short
MEXC EWY_USDT0.0000%8h187.45−0.021%$8.5M$4.5M100xas long as short
Variational Omni EWYshort0.0000%8h187.46−0.015%$1.2M$1.1M
GRVT EWY_USDT_Perp0.0000%8h187.44−0.025%$741K$419K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h187.43−0.032%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.52+0.016%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h187.48−0.005%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0006%8h187.45−0.021%$48K$217K50xas long as short
Vest EWY-USD-PERP+0.0031%1h187.21−0.149%$220K25xas long as short
Lighter EWY+0.0032%1h187.30−0.101%$380K$40K20xas long as short
Hotstuff EWY-PERP+0.0040%1h187.41−0.043%$28K$12K20xas long as short
Popdex EWYUSDT+0.0048%1h187.46−0.016%$197K$152K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h187.31−0.096%$520K$259K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h187.37−0.064%$6.2M$14.2M20xas long as short
Entropy io:EWY+0.0050%1h187.37−0.064%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h187.32−0.091%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h187.41−0.043%$745$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h187.35−0.075%$221K$326K10xas long as short
Paradex EWY-USD-PERP+0.0057%8h187.50+0.007%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0070%1h187.42−0.037%$2K$14K20xas long as short
KuCoin EWYUSDTM+0.0100%8h187.19−0.160%$964K$600K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h187.49long leg$13K$265K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h187.44−0.027%$2K$1K20xas long as short
edgeX EWYUSDC+0.0581%4h187.42−0.038%$420K$285K20xas long as short