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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0378%/8h= −41.4% APRpaid last 24h +0.018%
Price spread now: ApeX Omni against BloFin+0.053%103s7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$870.871% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.069%−$7 · spread now +0.053%, 7d avg −0.026%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.078% dearer against BloFin than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.026%): +$8 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (0.000% in total) that is about years. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWY-USDT189.060.0478pay 0.0478% / 8h1h 47m$47K$214K50x
ShortApeX Omni EWYUSDT189.160.0100get 0.0013% / 1h47m 30s$13K$263K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$79.37
Price spread: +0.053% → −0.026%
$7.84
Slippage, 4 orders
−$65.09
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$158.62
Costs to cover
0.871%
Break-even
never at this rate
Slippage from BloFin: live order book, 28 min ago; ApeX Omni: live order book, 34 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 BloFin live order book, 28 min ago0.26 bp7.1 bp −$77.9 bp −$7915.3 bp −$1,533doesn't fit
Sell ApeX Omni live order book, 34 min ago25.67 bp36.8 bp −$37216.1 bp −$2,161doesn'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
Bybit EWYUSDT0.0000%8h189.16+0.053%$5.2M$4.1M100xas long as short
Gate EWY_USDT0.0000%8h189.11+0.026%$3.2M$2.8M50xas long as short
SunX EWY-USDT0.0000%8h188.71−0.185%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.04−0.011%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h189.01−0.026%$376K$95K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.09+0.016%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h189.08+0.011%$194K$138K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.98−0.042%$6.4M$14.9M20xas long as short
Entropy io:EWY+0.0050%1h188.97−0.048%$49K$36K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.89−0.090%$4K$3820xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX EWY-USD+0.0050%1h189.060.000%$782$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.97−0.048%$221K$181K10xas long as short
KuCoin EWYUSDTM+0.0100%8h188.99−0.037%$958K$724K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h189.16+0.053%$13K$263K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.060.000%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0117%8h189.26+0.103%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0120%1h189.060.000%$524K$329K20xas long as short
HTX EWY-USDT+0.0128%8h189.10+0.021%$36K$8K20xas long as short
Hotstuff EWY-PERP+0.0128%1h189.02−0.021%$28K$12K20xas long as short
Bitget EWYUSDT+0.0133%8h189.11+0.026%$2.5M$1.4M20xas long as short
OKX EWY-USDT-SWAP+0.0192%8h189.19+0.069%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0226%1h189.05−0.005%$2K$13K20xas long as short
Aster EWYUSDT+0.0378%8h188.93−0.066%$293K$12K20xas long as short
Variational Omni EWY+0.0411%8h189.03−0.016%$1.4M$899Kas long as short
MEXC EWY_USDT+0.0471%8h189.09+0.016%$7.5M$4.5M100xas long as short
Extended EWY_24_5-USD+0.0472%1h189.04−0.010%$304K$410K10xas long as short
Binance EWYUSDT+0.0473%8h189.07+0.003%$28.4M$79.6M50xas long as short
BloFin EWY-USDTlong+0.0478%8h189.06long leg$47K$214K50x
GRVT EWY_USDT_Perp+0.0571%8h189.06−0.002%$748K$401K10xas long as short
edgeX EWYUSDC+0.0779%4h189.05−0.004%$423K$274K20xas long as short