Funding you earn now, next payment 03:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%
Price spread now: ApeX Omni against Coinbase International+0.089%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$930.930% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.089%, 7d avg +0.061%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.029% dearer against Coinbase International than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 190.57 | 0.0040 | pay 0.0005% / 1h | 16m 55s | $531K | $300K | 20x |
| Short | ApeX Omni EWYUSDT | 190.74 | 0.0100 | get 0.0013% / 1h | 16m 55s | $13K | $265K | 50x |
Coinbase International EWY-PERP-INTX
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- $12.6
- Price spread: +0.089% → +0.061%
- $2.86
- Slippage, 4 orders
- −$73.03
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$77.56
- Costs to cover
- 0.930%
- Break-even
- 50.1 days
Slippage from Coinbase International: live order book, 41 min ago; ApeX Omni: live order book, 40 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 Coinbase International live order book, 41 min ago | 0.26 bp | 6.0 bp −$6 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 40 min ago | 28.33 bp | 39.9 bp −$40 | 197.9 bp −$1,979 | doesn't fit | doesn't fit |
EWY on 30 venues
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 | 190.70 | +0.068% | $5.1M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.68 | +0.058% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.80 | +0.123% | $755K | $395K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.65 | +0.042% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.55 | −0.010% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.97 | +0.210% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.68 | +0.058% | $1.7M | $37K | 10x | as long as short |
| OKX EWY-USDT-SWAP | +0.0027% | 8h | 190.73 | +0.084% | $4.1M | $3.3M | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.55 | −0.010% | $386K | $39K | 20x | as long as short |
| Aster EWYUSDT | +0.0037% | 8h | 190.63 | +0.032% | $296K | $12K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
OKX EWY-USDT-SWAP
Lighter EWY
Aster EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTXlong | +0.0040% | 1h | 190.57 | long leg | $531K | $300K | 20x | |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.89 | +0.168% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.67 | +0.052% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.57 | 0.000% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.67 | +0.052% | $30K | $67K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.50 | −0.037% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.65 | +0.042% | $752 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.56 | −0.005% | $201K | $266K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 190.70 | +0.070% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0063% | 8h | 190.68 | +0.058% | $2.7M | $2.0M | 20x | as long as short |
| Variational Omni EWY | +0.0083% | 8h | 190.94 | +0.194% | $1.2M | $1.1M | — | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.61 | +0.021% | $982K | $622K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 190.74 | +0.089% | $13K | $265K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.57 | 0.000% | $2K | $1K | 20x | as long as short |
| Binance EWYUSDT | +0.0111% | 8h | 190.65 | +0.042% | $28.1M | $76.4M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0112% | 1h | 190.61 | +0.022% | $301K | $669K | 10x | as long as short |
| MEXC EWY_USDT | +0.0113% | 8h | 190.67 | +0.052% | $6.5M | $3.9M | 100x | as long as short |
| BloFin EWY-USDT | +0.0133% | 8h | 190.64 | +0.037% | $48K | $214K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0240% | 1h | 190.63 | +0.031% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0249% | 4h | 190.80 | +0.121% | $428K | $284K | 20x | as long as short |
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Bitget EWYUSDT
Variational Omni EWY
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
Hotstuff EWY-PERP
edgeX EWYUSDC