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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h +0.021%
Price spread now: ApeX Omni against Variational Omni+0.015%73s7-day average −0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.088%+$9 on $10k
Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.015%, 7d avg −0.012%
Together, before fees+0.028%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.027% dearer against Variational Omni than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.012%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 3 days funding on this pair paid +0.088%, so the current rate has only just turned against you. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWY188.930.0313pay 0.0313% / 8h2h 08m$1.4M$890K
ShortApeX Omni EWYUSDT188.960.0100get 0.0013% / 1h8m 10s$13K$263K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational Omni. 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
−$44.69
Price spread: +0.015% → −0.012%
$2.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$52.04
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; ApeX Omni: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago2.22 bpdoesn't fit6.4 bp −$64doesn't fitdoesn't fit
Sell ApeX Omni live order book, 14 min ago25.67 bp36.8 bp −$37216.1 bp −$2,161doesn'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
Bybit EWYUSDT0.0000%8h188.94+0.004%$5.6M$3.5M100xas long as short
Gate EWY_USDT0.0000%8h188.85−0.043%$3.2M$2.7M50xas long as short
SunX EWY-USDT0.0000%8h188.58−0.186%$2.7M20xas long as short
Phemex EWYUSDT0.0000%8h188.87−0.033%$1.7M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0015%1h188.93−0.001%$2K$13K20xas long as short
Lighter EWY+0.0032%1h188.82−0.059%$376K$95K20xas long as short
HTX EWY-USDT+0.0045%8h188.90−0.017%$36K$8K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.83−0.054%$217K25xas long as short
Popdex EWYUSDT+0.0048%1h188.87−0.033%$193K$139K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.82−0.059%$6.4M$14.9M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps EWY-USD+0.0050%1h188.74−0.102%$4K$3820xas long as short
SoDEX EWY-USD+0.0050%1h188.87−0.033%$776$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.70−0.123%$221K$181K10xas long as short
Entropy io:EWY+0.0095%1h188.85−0.043%$49K$36K25xas long as short
KuCoin EWYUSDTM+0.0100%8h188.84−0.049%$957K$723K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h188.96+0.015%$13K$263K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.90−0.017%$2K$1K20xas long as short
Bitget EWYUSDT+0.0106%8h188.88−0.028%$2.5M$1.4M20xas long as short
Paradex EWY-USD-PERP+0.0128%8h189.05+0.063%$235xas long as short
Coinbase International EWY-PERP-INTX+0.0128%1h188.92−0.006%$524K$331K20xas long as short
OKX EWY-USDT-SWAP+0.0156%8h188.93−0.001%$4.0M$4.0M50xas long as short
Aster EWYUSDT+0.0283%8h188.76−0.094%$293K$12K20xas long as short
edgeX EWYUSDC+0.0308%4h188.930.000%$423K$273K20xas long as short
Variational Omni EWYlong+0.0313%8h188.93long leg$1.4M$890K
Hotstuff EWY-PERP+0.0328%1h188.84−0.049%$28K$12K20xas long as short
BloFin EWY-USDT+0.0362%8h188.88−0.028%$47K$213K50xas long as short
Extended EWY_24_5-USD+0.0368%1h188.86−0.039%$304K$410K10xas long as short
MEXC EWY_USDT+0.0368%8h188.88−0.028%$7.5M$4.6M100xas long as short
Binance EWYUSDT+0.0371%8h188.88−0.028%$28.3M$79.7M50xas long as short
GRVT EWY_USDT_Perp+0.0489%8h188.91−0.014%$748K$416K10xas long as short