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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter−0.063%108s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$960.962% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.126%+$13 on $10k
Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.063%, 7d avg +0.045%
Together, before fees+0.218%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.108% cheaper against Lighter than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of +0.045%). If the spread goes back, that is −$11 on $10k: about 5.3 days of funding at the current rate (+$2 a day). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EWY189.800.0032pay 0.0004% / 1h17m 39s$377K$62K20x
ShortApeX Omni EWYUSDT189.680.0100get 0.0013% / 1h17m 39s$13K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$14.28
Price spread: −0.063% → +0.045%
−$10.78
Slippage, 4 orders
−$86.19
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$92.69
Costs to cover
0.962%
Break-even
52.4 days
Slippage from Lighter: live order book, 52 min ago; ApeX Omni: live order book, 59 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 Lighter live order book, 52 min ago4.23 bp6.7 bp −$716.8 bp −$16848.8 bp −$4,878doesn't fit
Sell ApeX Omni live order book, 59 min ago28.29 bp38.9 bp −$39195.5 bp −$1,955doesn'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
Gate EWY_USDT0.0000%8h189.93+0.068%$3.6M$3.0M50xas long as short
SunX EWY-USDT0.0000%8h189.55−0.132%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h189.92+0.063%$1.7M$37K10xas long as short
Lighter EWYlong+0.0032%1h189.80long leg$377K$62K20x
Vest EWY-USD-PERP+0.0046%1h189.90+0.053%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.93+0.068%$195K$138K20xas long as short
Entropy io:EWY+0.0050%1h189.74−0.032%$51K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.76−0.021%$4K$8120xas long as short
SoDEX EWY-USD+0.0050%1h189.90+0.053%$778$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.73−0.037%$243K$207K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWYUSDTM+0.0100%8h189.70−0.053%$966K$688K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h189.68−0.063%$13K$262K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.86+0.032%$2K$1K20xas long as short
Paradex EWY-USD-PERP+0.0138%8h190.04+0.127%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0144%1h189.79−0.005%$528K$341K20xas long as short
Hotstuff EWY-PERP+0.0152%1h189.83+0.016%$28K$12K20xas long as short
tradeXYZ xyz:EWY+0.0153%1h189.88+0.042%$6.7M$14.7M20xas long as short
Bybit EWYUSDT+0.0170%8h189.98+0.095%$5.3M$4.2M100xas long as short
HTX EWY-USDT+0.0221%8h189.99+0.100%$36K$8K20xas long as short
Bitget EWYUSDT+0.0224%8h189.97+0.090%$2.6M$1.5M20xas long as short
OKX EWY-USDT-SWAP+0.0325%8h190.00+0.105%$4.0M$4.0M50xas long as short
Deribit EWY_USDC-PERPETUAL+0.0488%1h189.96+0.084%$2K$13K20xas long as short
Aster EWYUSDT+0.0562%8h189.77−0.018%$294K$12K20xas long as short
edgeX EWYUSDC+0.0600%4h189.62−0.093%$425K$275K20xas long as short
Variational Omni EWY+0.0645%8h189.77−0.016%$1.5M$991Kas long as short
GRVT EWY_USDT_Perp+0.0653%8h189.68−0.065%$750K$395K10xas long as short
BloFin EWY-USDT+0.0676%8h189.86+0.032%$47K$214K50xas long as short
Extended EWY_24_5-USD+0.0680%1h189.88+0.044%$298K$396K10xas long as short
MEXC EWY_USDT+0.0682%8h189.91+0.058%$7.5M$4.5M100xas long as short
Binance EWYUSDT+0.0687%8h189.93+0.068%$28.6M$79.8M50xas long as short