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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.012%
Price spread now: ApeX Omni against Bybit−0.038%69s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.907% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.038%, 7d avg −0.030%
Together, before fees+0.152%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EWYUSDT186.490get 0.0000% / 8h8m 19s$4.9M$4.9M100x
ShortApeX Omni EWYUSDT186.420.0100get 0.0013% / 1h8m 19s$13K$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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: −0.038% → −0.030%
−$0.71
Slippage, 4 orders
−$69.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$70.36
Costs to cover
0.907%
Break-even
30.5 days
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 29 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 Bybit live order book, 4 min ago0.27 bp7.8 bp −$810.1 bp −$101doesn't fitdoesn't fit
Sell ApeX Omni live order book, 29 min ago26.47 bp37.2 bp −$37199.6 bp −$1,996doesn'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
Hotstuff EWY-PERP−2.4288%1h186.38−0.059%$29K$13K20xas long as short
Bitget EWYUSDT−0.0587%8h186.50+0.005%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0024%1h185.95−0.290%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.49−0.002%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.39−0.055%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.43−0.032%$27.0M$83.3M50xas long as short
Bybit EWYUSDTlong0.0000%8h186.49long leg$4.9M$4.9M100x
OKX EWY-USDT-SWAP0.0000%8h186.43−0.032%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.50+0.005%$4.1M$4.5M50xas long as short
MEXC EWY_USDT0.0000%8h186.45−0.021%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.45−0.021%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.48−0.005%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.37−0.064%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.064%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.51+0.011%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0004%8h186.50+0.005%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.31−0.097%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.44−0.027%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.33−0.086%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.35−0.075%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.31−0.097%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.47−0.011%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.45−0.021%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.490.000%$517K$252K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.45−0.020%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.34−0.080%$960K$600K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h186.42−0.038%$13K$264K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.44−0.027%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0233%1h186.42−0.038%$2K$14K20xas long as short
edgeX EWYUSDC+0.0939%4h186.48−0.003%$418K$285K20xas long as short