Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Phemex−0.016%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1791.787% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.016%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex EWYUSDT | 189.89 | 0 | get 0.0000% / 8h | 17m 03s | $1.7M | $37K | 10x |
| Short | ApeX Omni EWYUSDT | 189.86 | 0.0100 | get 0.0013% / 1h | 17m 03s | $13K | $262K | 50x |
Phemex EWYUSDT
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phemex. 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: −0.016% → −0.027%
- $1.12
- Slippage, 4 orders
- −$156.73
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$156.61
- Costs to cover
- 1.787%
- Break-even
- 59.2 days
Slippage from Phemex: live order book, 1 min ago; ApeX Omni: live order book, 60 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 Phemex live order book, 1 min ago | 1.58 bp | 38.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 60 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.89 | 0.000% | $3.6M | $3.1M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.65 | −0.126% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDTlong | 0.0000% | 8h | 189.89 | long leg | $1.7M | $37K | 10x | |
| Lighter EWY | +0.0032% | 1h | 189.74 | −0.079% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.95 | +0.032% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.92 | +0.016% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.74 | −0.079% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.74 | −0.079% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.87 | −0.011% | $774 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.73 | −0.084% | $243K | $207K | 10x | as long as short |
Gate EWY_USDT
SunX EWY-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.69 | −0.105% | $966K | $688K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 189.86 | −0.016% | $13K | $262K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.88 | −0.005% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0138% | 8h | 190.04 | +0.080% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.88 | −0.005% | $527K | $342K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0152% | 1h | 189.83 | −0.032% | $6.7M | $14.7M | 20x | as long as short |
| Bybit EWYUSDT | +0.0170% | 8h | 189.96 | +0.037% | $5.3M | $4.2M | 100x | as long as short |
| HTX EWY-USDT | +0.0223% | 8h | 189.99 | +0.053% | $36K | $8K | 20x | as long as short |
| Bitget EWYUSDT | +0.0224% | 8h | 189.89 | 0.000% | $2.6M | $1.5M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0232% | 1h | 189.88 | −0.005% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0306% | 4h | 189.83 | −0.034% | $425K | $276K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0325% | 8h | 189.96 | +0.037% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0435% | 1h | 189.90 | +0.005% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0562% | 8h | 189.75 | −0.072% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0645% | 8h | 189.77 | −0.064% | $1.5M | $991K | — | as long as short |
| GRVT EWY_USDT_Perp | +0.0656% | 8h | 189.91 | +0.010% | $751K | $395K | 10x | as long as short |
| MEXC EWY_USDT | +0.0682% | 8h | 189.87 | −0.011% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0687% | 8h | 189.85 | −0.021% | $28.6M | $79.7M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0688% | 1h | 189.81 | −0.040% | $298K | $396K | 10x | as long as short |
| BloFin EWY-USDT | +0.0705% | 8h | 189.90 | +0.005% | $47K | $214K | 50x | as long as short |
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Bybit EWYUSDT
HTX EWY-USDT
Bitget EWYUSDT
Hotstuff EWY-PERP
edgeX EWYUSDC
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT