Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.036%
Price spread now: ApeX Omni against GRVT+0.085%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.085%, 7d avg −0.010%
=Together, before fees−0.102%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.095% dearer against GRVT than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT EWY_USDT_Perp | 189.99 | 0 | get 0.0000% / 8h | 6h 41m | $751K | $385K | 10x |
| Short | ApeX Omni EWYUSDT | 190.15 | 0.0100 | get 0.0013% / 1h | 41m 54s | $13K | $263K | 50x |
GRVT EWY_USDT_Perp
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GRVT. 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: +0.085% → −0.010%
- $9.55
- Slippage, 4 orders
- −$73.91
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$62.36
- Costs to cover
- 0.929%
- Break-even
- 27.8 days
Slippage from GRVT: live order book, 26 min ago; ApeX Omni: live order book, 25 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 GRVT live order book, 26 min ago | 1.05 bp | 8.2 bp −$8 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 25 min ago | 28.60 bp | 38.9 bp −$39 | 196.8 bp −$1,968 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0172% | 1h | 189.65 | −0.178% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.78 | −0.110% | $5.2M | $4.4M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 189.76 | −0.120% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perplong | 0.0000% | 8h | 189.99 | long leg | $751K | $385K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 189.77 | −0.115% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.79 | −0.104% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.74 | −0.131% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.58 | −0.215% | $384K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.92 | −0.036% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.73 | −0.136% | $197K | $143K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 190.28 | +0.154% | $531K | $337K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.68 | −0.162% | $6.3M | $14.1M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.89 | −0.052% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.58 | −0.215% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.75 | −0.125% | $606 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.81 | −0.094% | $230K | $231K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0062% | 8h | 189.74 | −0.129% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.79 | −0.104% | $978K | $634K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 190.15 | +0.085% | $13K | $263K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.80 | −0.099% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0230% | 8h | 189.74 | −0.131% | $4.1M | $3.4M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0248% | 1h | 189.71 | −0.146% | $28K | $12K | 20x | as long as short |
| Bitget EWYUSDT | +0.0350% | 8h | 189.74 | −0.131% | $2.8M | $1.8M | 20x | as long as short |
| Aster EWYUSDT | +0.0419% | 8h | 189.84 | −0.079% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0518% | 8h | 190.19 | +0.104% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0528% | 8h | 189.70 | −0.150% | $28.4M | $77.4M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0528% | 1h | 189.69 | −0.155% | $304K | $670K | 10x | as long as short |
| MEXC EWY_USDT | +0.0531% | 8h | 189.77 | −0.115% | $7.0M | $4.1M | 100x | as long as short |
| BloFin EWY-USDT | +0.0565% | 8h | 190.43 | +0.233% | $2K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0976% | 4h | 190.18 | +0.100% | $426K | $283K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Bitget EWYUSDT
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC