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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.027%
Price spread now: ApeX Omni against Aster+0.030%89s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$940.939% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.030%, 7d avg −0.015%
Together, before fees+0.025%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.045% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.015%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EWYUSDT188.460get 0.0000% / 8h1h 58m$292K$12K20x
ShortApeX Omni EWYUSDT188.520.0100get 0.0013% / 1h58m 00s$13K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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: +0.030% → −0.015%
$4.48
Slippage, 4 orders
−$75.91
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$68.44
Costs to cover
0.939%
Break-even
29.8 days
Slippage from Aster: live order book, 49 min ago; ApeX Omni: live order book, 49 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 Aster live order book, 49 min ago1.85 bp7.7 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 49 min ago28.31 bp40.0 bp −$40193.0 bp −$1,930doesn'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−0.0094%8h188.36−0.055%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0024%8h188.49+0.014%$48K$216K50xas long as short
Aster EWYUSDTlong0.0000%8h188.46long leg$292K$12K20x
Extended EWY_24_5-USD0.0000%1h188.38−0.047%$241K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.44−0.015%$27.4M$81.5M50xas long as short
Bybit EWYUSDT0.0000%8h188.39−0.039%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.30−0.087%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.49+0.014%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.37−0.050%$8.5M$4.1M100xas long as short
Variational Omni EWY0.0000%8h188.63+0.088%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h188.67+0.109%$745K$423K10xas long as short
SunX EWY-USDT0.0000%8h188.48+0.008%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.71+0.130%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.44−0.013%$1.7M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0015%1h188.48+0.008%$2K$14K20xas long as short
Lighter EWY+0.0032%1h188.36−0.055%$382K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.41−0.029%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.60+0.072%$198K$151K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.61+0.077%$524K$277K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.37−0.050%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h188.39−0.039%$143K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.40−0.034%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.40−0.034%$754$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.37−0.050%$215K$319K10xas long as short
Paradex EWY-USD-PERP+0.0060%8h188.53+0.033%$235xas long as short
Hotstuff EWY-PERP+0.0096%1h188.44−0.013%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.18−0.151%$969K$598K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h188.52+0.030%$13K$265K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.45−0.008%$2K$1K20xas long as short
edgeX EWYUSDC+0.0331%4h188.52+0.031%$423K$286K20xas long as short