Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.004%
Price spread now: ApeX Omni against OKX−0.037%100s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as 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−$930.933% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.037%, 7d avg −0.012%
=Funding pays, the price is against you. ApeX Omni is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.012%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.104% in total) that is about 41 hours. The two prices were read 100 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 | OKX EWY-USDT-SWAP | 189.12 | 0 | get 0.0000% / 8h | 2h 49m | $4.2M | $4.1M | 50x |
| Short | ApeX Omni EWYUSDT | 189.05 | 0.0100 | get 0.0013% / 1h | 49m 55s | $13K | $265K | 50x |
OKX EWY-USDT-SWAP
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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: −0.037% → −0.012%
- −$2.55
- Slippage, 4 orders
- −$73.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$74.81
- Costs to cover
- 0.933%
- Break-even
- 31.9 days
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 62 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 OKX live order book, 3 min ago | 0.26 bp | 7.3 bp −$7 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 62 min ago | 28.42 bp | 39.1 bp −$39 | 202.8 bp −$2,028 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EWY-USDT | −0.0022% | 8h | 189.25 | +0.069% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 189.19 | +0.036% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 189.13 | +0.005% | $299K | $425K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 189.15 | +0.016% | $27.6M | $78.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 189.22 | +0.053% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAPlong | 0.0000% | 8h | 189.12 | long leg | $4.2M | $4.1M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 189.23 | +0.058% | $4.1M | $4.0M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 189.17 | +0.026% | $6.2M | $3.7M | 100x | as long as short |
| Bitget EWYUSDT | 0.0000% | 8h | 189.17 | +0.026% | $2.7M | $2.3M | 20x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 189.24 | +0.064% | $1.2M | $1.1M | — | as long as short |
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
MEXC EWY_USDT
Bitget EWYUSDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 189.12 | −0.002% | $747K | $410K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.12 | 0.000% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 189.11 | −0.005% | $2K | $14K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 189.22 | +0.053% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.19 | +0.037% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.05 | −0.037% | $383K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 188.40 | −0.381% | $524K | $287K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.20 | +0.042% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.25 | +0.069% | $198K | $148K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 189.08 | −0.021% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.06 | −0.032% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.06 | −0.032% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.16 | +0.021% | $734 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.17 | +0.026% | $204K | $307K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0052% | 8h | 189.25 | +0.067% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.99 | −0.069% | $974K | $611K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 189.05 | −0.037% | $13K | $265K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.16 | +0.021% | $2K | $1K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0120% | 1h | 189.11 | −0.005% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0654% | 4h | 189.12 | 0.000% | $424K | $284K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
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
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Hotstuff EWY-PERP
edgeX EWYUSDC