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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0850%/8h= +93.1% APRpaid last 24h +0.162%
Price spread now: edgeX against ApeX Omni−0.025%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$990.991% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.837%+$84 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.025%, 7d avg +0.008%
Together, before fees+0.901%+ Points / potential airdropedgeX: Active · farm board+$90 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.033% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.008%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.837% in total) that is about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT190.290.0100pay 0.0013% / 1h50m 33s$13K$264K50x
ShortedgeX EWYUSDC190.240.0950get 0.0475% / 4h1h 50m$426K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against ApeX 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
$178.55
Price spread: −0.025% → +0.008%
−$3.28
Slippage, 4 orders
−$80.07
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$76.2
Costs to cover
0.991%
Break-even
4.0 days
Slippage from ApeX Omni: live order book, 11 min ago; edgeX: live order book, 13 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 ApeX Omni live order book, 11 min ago28.93 bp39.8 bp −$40197.9 bp −$1,979doesn't fitdoesn't fit
Sell edgeX live order book, 13 min ago5.26 bp10.1 bp −$1014.1 bp −$141doesn't fitdoesn't fit

EWY on 29 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%8h190.40+0.058%$5.1M$4.3M100xas long as short
Gate EWY_USDT0.0000%8h190.41+0.063%$4.0M$3.7M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.28−0.003%$752K$389K10xas long as short
SunX EWY-USDT0.0000%8h190.38+0.047%$2.5M20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h189.56−0.384%$529K$320K20xas long as short
HTX EWY-USDT0.0000%8h190.26−0.016%$22K$36K20xas long as short
Phemex EWYUSDT0.0000%8h190.43+0.074%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.25−0.021%$386K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.52+0.121%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.32+0.016%$198K$146K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWY+0.0050%1h190.25−0.021%$6.1M$14.0M20xas long as short
Entropy io:EWY+0.0050%1h190.25−0.021%$52K$57K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.14−0.079%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.39+0.053%$741$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.31+0.011%$198K$275K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h190.44+0.080%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0065%1h190.35+0.032%$2K$13K20xas long as short
Bitget EWYUSDT+0.0090%8h190.30+0.005%$2.7M$2.0M20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.31+0.011%$980K$627K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h190.29long leg$13K$264K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.41+0.063%$2K$1K20xas long as short
OKX EWY-USDT-SWAP+0.0140%8h190.30+0.005%$4.1M$3.5M50xas long as short
Aster EWYUSDT+0.0269%8h190.42+0.066%$295K$12K20xas long as short
Hotstuff EWY-PERP+0.0272%1h190.35+0.032%$29K$12K20xas long as short
Variational Omni EWY+0.0325%8h190.41+0.062%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0350%8h190.39+0.053%$28.4M$77.0M50xas long as short
MEXC EWY_USDT+0.0351%8h190.32+0.016%$6.4M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0352%1h190.38+0.048%$302K$665K10xas long as short
edgeX EWYUSDCshort+0.0950%4h190.24−0.025%$426K$283K20x