Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Gate+0.032%66s7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as 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−$960.958% of the position
Funding, last 7 days+0.205%+$21 on $10k
+Price spread, last 3 days (all we have)−0.063%−$6 · spread now +0.032%, 7d avg −0.027%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.059% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.027%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 189.24 | 0 | get 0.0000% / 8h | 1h 18m | $3.2M | $2.8M | 50x |
| Short | ApeX Omni EWYUSDT | 189.30 | 0.0100 | get 0.0013% / 1h | 18m 18s | $13K | $262K | 50x |
Gate EWY_USDT
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. 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: +0.032% → −0.027%
- $5.91
- Slippage, 4 orders
- −$70.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$68.85
- Costs to cover
- 0.958%
- Break-even
- 30.0 days
Slippage from Gate: live order book, 5 min ago; ApeX Omni: live order book, 64 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 Gate live order book, 5 min ago | 2.38 bp | 10.2 bp −$10 | 20.0 bp −$200 | 43.9 bp −$4,392 | 80.6 bp −$40.3K |
| Sell ApeX Omni live order book, 64 min ago | 25.67 bp | 36.8 bp −$37 | 216.1 bp −$2,161 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDTlong | 0.0000% | 8h | 189.24 | long leg | $3.2M | $2.8M | 50x | |
| SunX EWY-USDT | 0.0000% | 8h | 188.91 | −0.174% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.24 | 0.000% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.15 | −0.048% | $377K | $96K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.36 | +0.063% | — | $217K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.24 | 0.000% | $194K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.22 | −0.011% | $50K | $41K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.12 | −0.063% | $4K | $38 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.23 | −0.005% | $782 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.22 | −0.011% | $221K | $181K | 10x | as long as short |
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.PShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0063% | 1h | 189.23 | −0.005% | $6.4M | $14.8M | 20x | as long as short |
| Bybit EWYUSDT | +0.0066% | 8h | 189.37 | +0.069% | $5.2M | $4.1M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.19 | −0.026% | $959K | $726K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 189.30 | +0.032% | $13K | $262K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.24 | 0.000% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0120% | 1h | 189.19 | −0.026% | $525K | $332K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0160% | 8h | 189.43 | +0.098% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0186% | 8h | 189.30 | +0.032% | $2.5M | $1.5M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0216% | 1h | 189.25 | +0.005% | $28K | $12K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0226% | 1h | 189.27 | +0.016% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | +0.0236% | 8h | 189.35 | +0.058% | $36K | $8K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0242% | 8h | 189.35 | +0.058% | $4.0M | $4.1M | 50x | as long as short |
| Aster EWYUSDT | +0.0507% | 8h | 189.13 | −0.059% | $293K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0552% | 4h | 189.29 | +0.026% | $424K | $275K | 20x | as long as short |
| Variational Omni EWY | +0.0563% | 8h | 189.28 | +0.022% | $1.4M | $889K | — | as long as short |
| BloFin EWY-USDT | +0.0596% | 8h | 189.30 | +0.032% | $47K | $214K | 50x | as long as short |
| MEXC EWY_USDT | +0.0609% | 8h | 189.24 | 0.000% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0615% | 8h | 189.24 | 0.000% | $28.5M | $79.4M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0616% | 1h | 189.20 | −0.020% | $304K | $392K | 10x | as long as short |
| GRVT EWY_USDT_Perp | +0.0683% | 8h | 189.31 | +0.039% | $749K | $401K | 10x | as long as short |
tradeXYZ xyz:EWY
Bybit EWYUSDT
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Bitget EWYUSDT
Hotstuff EWY-PERP
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
BloFin EWY-USDT
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
GRVT EWY_USDT_Perp