Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.069%
Price spread now: ApeX Omni against Bitget−0.138%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.138%, 7d avg −0.027%
=Funding pays, the price is against you. ApeX Omni is 0.111% cheaper against Bitget than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of −0.027%). If the spread goes back, that is −$11 on $10k: about 3.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EWYUSDT | 188.28 | 0 | get 0.0000% / 8h | 4h 08m | $3.3M | $3.4M | 20x |
| Short | ApeX Omni EWYUSDT | 188.02 | 0.0100 | get 0.0013% / 1h | 8m 45s | $13K | $266K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.138% → −0.027%
- −$11.07
- Slippage, 4 orders
- −$71.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$83.24
- Costs to cover
- 0.932%
- Break-even
- 34.7 days
Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 31 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 1.06 bp | 8.7 bp −$9 | 12.6 bp −$126 | 33.7 bp −$3,369 | doesn't fit |
| Sell ApeX Omni live order book, 31 min ago | 26.84 bp | 37.4 bp −$37 | 203.3 bp −$2,033 | doesn't fit | doesn't fit |
EWY on 30 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 188.28 | 0.000% | $5.0M | $5.1M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.24 | −0.021% | $4.0M | $4.9M | 50x | as long as short |
| Bitget EWYUSDTlong | 0.0000% | 8h | 188.28 | long leg | $3.3M | $3.4M | 20x | |
| SunX EWY-USDT | 0.0000% | 8h | 187.91 | −0.197% | — | $1.6M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 188.20 | −0.042% | $2K | $8K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.27 | −0.005% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.09 | −0.101% | $381K | $44K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.28 | 0.000% | — | $224K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.23 | −0.027% | $203K | $178K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.19 | −0.048% | $523K | $256K | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.14 | −0.074% | $5.8M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.22 | −0.032% | $144K | $119K | 25x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.22 | −0.032% | $762 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.06 | −0.117% | $205K | $338K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 188.35 | +0.039% | $23 | — | 5x | as long as short |
| Gate EWY_USDT | +0.0076% | 8h | 188.33 | +0.027% | $3.9M | $5.1M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.13 | −0.080% | $968K | $772K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 188.02 | −0.138% | $13K | $266K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.25 | −0.016% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0200% | 1h | 188.16 | −0.064% | $28K | $17K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.0247% | 1h | 188.38 | +0.053% | $4K | $10K | 20x | as long as short |
| edgeX EWYUSDC | +0.0507% | 4h | 188.29 | +0.005% | $422K | $295K | 20x | as long as short |
| Aster EWYUSDT | +0.0512% | 8h | 188.15 | −0.069% | $291K | $14K | 20x | as long as short |
| HTX EWY-USDT | +0.0528% | 8h | 188.46 | +0.096% | $22K | $36K | 20x | as long as short |
| Variational Omni EWY | +0.0596% | 8h | 188.16 | −0.062% | $1.1M | $944K | — | as long as short |
| MEXC EWY_USDT | +0.0617% | 8h | 188.23 | −0.027% | $6.7M | $4.8M | 100x | as long as short |
| Binance EWYUSDT | +0.0621% | 8h | 188.21 | −0.037% | $25.9M | $87.3M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0624% | 1h | 188.15 | −0.068% | $247K | $1.5M | 10x | as long as short |
| BloFin EWY-USDT | +0.0648% | 8h | 188.23 | −0.027% | $48K | $249K | 50x | as long as short |
| GRVT EWY_USDT_Perp | +0.1007% | 8h | 188.31 | +0.015% | $738K | $413K | 10x | as long as short |
Bitget EWYUSDT
ApeX Omni EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
SoDEX EWY-USD
Paradex EWY-USD-PERP
Gate EWY_USDT
KuCoin EWYUSDTM
Polymarket Perps EWY-USD
edgeX EWYUSDC
Aster EWYUSDT
HTX EWY-USDT
Variational Omni EWY
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT
GRVT EWY_USDT_Perp