EWY

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0508%/8h= −55.6% APRnext payment −$0.64 per $10,000 · paid last 24h −0.001%

Price spread now: ApeX Omni against Extended+0.031%72s7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$850.849% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 3 days (all we have)−0.035%−$4 · spread now +0.031%, 7d avg +0.009%

Together, before fees+0.032%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.022% dearer against Extended than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of +0.009%): +$2 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you. The two prices were read 72 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 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended EWY_24_5-USD	189.18	0.0608	pay 0.0076% / 1h	8m 11s	$304K	$392K	10x
Short	ApeX Omni EWYUSDT	189.24	0.0100	get 0.0013% / 1h	8m 11s	$13K	$262K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee ApeX OmnibpOrdersPrice spread, now +0.031%Rate

Funding earned: −$106.68
Price spread: +0.031% → +0.009%: $2.24
Slippage, 4 orders: −$69.94
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$189.38
Costs to cover: 0.849%
Break-even: never at this rate

Slippage from Extended: live order book, 9 min ago; ApeX Omni: live order book, 9 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 Extended live order book, 9 min ago	0.03 bp	2.9 bp −$3	6.0 bp −$60	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 9 min ago	28.29 bp	38.9 bp −$39	195.5 bp −$1,955	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
Hotstuff EWY-PERP	0.0000%	1h	189.25	+0.036%	$28K	$12K	20x	as long as short
Gate EWY_USDT	0.0000%	8h	189.23	+0.026%	$3.2M	$2.8M	50x	as long as short
SunX EWY-USDT	0.0000%	8h	189.12	−0.032%	—	$2.7M	20x	as long as short
Phemex EWYUSDT	0.0000%	8h	189.19	+0.005%	$1.7M	$37K	10x	as long as short
Lighter EWY	+0.0032%	1h	189.08	−0.053%	$376K	$98K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	189.29	+0.058%	—	$217K	25x	as long as short
Popdex EWYUSDT	+0.0048%	1h	189.28	+0.052%	$195K	$138K	20x	as long as short
Entropy io:EWY	+0.0050%	1h	189.15	−0.016%	$55K	$48K	25x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	189.10	−0.043%	$4K	$74	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	189.22	+0.021%	$787	$3K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps EWY-USD.P	+0.0050%	1h	189.18	−0.001%	$221K	$182K	10x	as long as short
tradeXYZ xyz:EWY	+0.0072%	1h	189.14	−0.022%	$6.4M	$14.8M	20x	as long as short
Bybit EWYUSDT	+0.0083%	8h	189.34	+0.084%	$5.2M	$4.1M	100x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	189.19	+0.005%	$963K	$723K	20x	as long as short
ApeX Omni EWYUSDTshort	+0.0100%	1h	189.24	+0.031%	$13K	$262K	50x
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	189.22	+0.021%	$2K	$1K	20x	as long as short
Coinbase International EWY-PERP-INTX	+0.0120%	1h	189.24	+0.031%	$525K	$332K	20x	as long as short
Paradex EWY-USD-PERP	+0.0139%	8h	189.30	+0.061%	$23	—	5x	as long as short
Bitget EWYUSDT	+0.0182%	8h	189.25	+0.036%	$2.5M	$1.5M	20x	as long as short
HTX EWY-USDT	+0.0208%	8h	189.34	+0.084%	$36K	$8K	20x	as long as short
OKX EWY-USDT-SWAP	+0.0244%	8h	189.27	+0.047%	$4.0M	$4.1M	50x	as long as short
Deribit EWY_USDC-PERPETUAL	+0.0332%	1h	189.22	+0.021%	$2K	$13K	20x	as long as short
Aster EWYUSDT	+0.0500%	8h	189.20	+0.010%	$293K	$12K	20x	as long as short
Variational Omni EWY	+0.0578%	8h	189.24	+0.031%	$1.5M	$983K	—	as long as short
BloFin EWY-USDT	+0.0588%	8h	189.28	+0.052%	$47K	$214K	50x	as long as short
Extended EWY_24_5-USDlong	+0.0608%	1h	189.18	long leg	$304K	$392K	10x
MEXC EWY_USDT	+0.0609%	8h	189.20	+0.010%	$7.5M	$4.5M	100x	as long as short
Binance EWYUSDT	+0.0610%	8h	189.17	−0.006%	$28.5M	$79.6M	50x	as long as short
GRVT EWY_USDT_Perp	+0.0677%	8h	189.27	+0.048%	$749K	$402K	10x	as long as short
edgeX EWYUSDC	+0.0772%	4h	189.23	+0.025%	$424K	$274K	20x	as long as short