Funding arb · Price arb /

EWY

RWAall EWY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.008%

Price spread now: HTX against ApeX Omni+0.163%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.163% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni EWYUSDT	190.45	0.0100	pay 0.0013% / 1h	59m 26s	$13K	$264K	50x
Short	HTX EWY-USDT	190.76	0	get 0.0000% / 8h	6h 59m	$22K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee HTXbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$21
Price spread: +0.163% → 0.000%: $16.28
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$26.72
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 7 min ago; HTX: no order-book sample. Net counts fees only.

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 ApeX Omni live order book, 7 min ago	28.60 bp	40.3 bp −$40	194.9 bp −$1,949	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Entropy io:EWY	−0.0066%	1h	190.51	+0.032%	$52K	$57K	25x	as long as short
Bybit EWYUSDT	0.0000%	8h	190.62	+0.089%	$5.2M	$4.3M	100x	as long as short
Gate EWY_USDT	0.0000%	8h	190.55	+0.053%	$4.0M	$3.5M	50x	as long as short
SunX EWY-USDT	0.0000%	8h	190.53	+0.042%	—	$2.6M	20x	as long as short
Deribit EWY_USDC-PERPETUAL	0.0000%	1h	190.56	+0.058%	$2K	$13K	20x	as long as short
HTX EWY-USDTshort	0.0000%	8h	190.76	+0.163%	$22K	$37K	20x
Phemex EWYUSDT	0.0000%	8h	190.57	+0.063%	$1.7M	$37K	10x	as long as short
Lighter EWY	+0.0032%	1h	190.43	−0.011%	$386K	$34K	20x	as long as short
Vest EWY-USD-PERP	+0.0046%	1h	190.78	+0.173%	—	$220K	25x	as long as short
GRVT EWY_USDT_Perp	+0.0047%	8h	190.56	+0.057%	$753K	$380K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex EWYUSDT	+0.0048%	1h	190.58	+0.068%	$196K	$142K	20x	as long as short
tradeXYZ xyz:EWY	+0.0050%	1h	190.53	+0.042%	$6.2M	$14.5M	20x	as long as short
Polymarket Perps EWY-USD	+0.0050%	1h	190.43	−0.011%	$4K	$126	20x	as long as short
SoDEX EWY-USD	+0.0050%	1h	190.57	+0.063%	$535	$4K	10x	as long as short
Ondo Perps EWY-USD.P	+0.0050%	1h	190.51	+0.032%	$229K	$235K	10x	as long as short
Paradex EWY-USD-PERP	+0.0068%	8h	190.57	+0.062%	$23	—	5x	as long as short
Hotstuff EWY-PERP	+0.0096%	1h	190.53	+0.042%	$29K	$12K	20x	as long as short
KuCoin EWYUSDTM	+0.0100%	8h	190.44	−0.005%	$981K	$644K	20x	as long as short
ApeX Omni EWYUSDTlong	+0.0100%	1h	190.45	long leg	$13K	$264K	50x
Orderly PERP_EWY_USDC_mythos	+0.0100%	8h	190.61	+0.084%	$2K	$1K	20x	as long as short
Coinbase International EWY-PERP-INTX	+0.0144%	1h	190.43	−0.011%	$531K	$340K	20x	as long as short
OKX EWY-USDT-SWAP	+0.0266%	8h	190.53	+0.042%	$4.2M	$3.5M	50x	as long as short
Bitget EWYUSDT	+0.0448%	8h	190.57	+0.063%	$2.7M	$1.6M	20x	as long as short
Aster EWYUSDT	+0.0473%	8h	190.69	+0.125%	$296K	$12K	20x	as long as short
Variational Omni EWY	+0.0566%	8h	190.51	+0.032%	$1.2M	$1.1M	—	as long as short
Extended EWY_24_5-USD	+0.0592%	1h	190.55	+0.051%	$304K	$670K	10x	as long as short
Binance EWYUSDT	+0.0594%	8h	190.60	+0.081%	$28.5M	$77.2M	50x	as long as short
MEXC EWY_USDT	+0.0595%	8h	190.55	+0.053%	$7.0M	$4.1M	100x	as long as short
BloFin EWY-USDT	+0.0613%	8h	190.45	0.000%	$2K	$214K	50x	as long as short
edgeX EWYUSDC	+0.0962%	4h	190.56	+0.060%	$427K	$283K	20x	as long as short