Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.004%
Price spread now: OKX against ApeX Omni−0.011%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.011%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.021% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EWYUSDT | 186.50 | 0.0100 | pay 0.0013% / 1h | 3m 14s | $13K | $264K | 50x |
| Short | OKX EWY-USDT-SWAP | 186.48 | 0 | get 0.0000% / 8h | 3m 14s | $4.1M | $4.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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 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: −0.011% → +0.010%
- −$2.08
- Slippage, 4 orders
- −$68.76
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$111.84
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 34 min ago; OKX: live order book, 4 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 ApeX Omni live order book, 34 min ago | 26.47 bp | 37.0 bp −$37 | 211.8 bp −$2,118 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.27 bp | 8.0 bp −$8 | 11.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −4.4720% | 1h | 186.32 | −0.097% | $28K | $15K | 20x | as long as short |
| Bitget EWYUSDT | −0.0608% | 8h | 186.57 | +0.038% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0030% | 1h | 185.90 | −0.322% | — | $220K | 25x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.48 | −0.013% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.41 | −0.050% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.45 | −0.025% | $27.0M | $83.2M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.50 | 0.000% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAPshort | 0.0000% | 8h | 186.48 | −0.011% | $4.1M | $4.7M | 50x | |
| Gate EWY_USDT | 0.0000% | 8h | 186.53 | +0.016% | $4.1M | $4.5M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 186.46 | −0.021% | $7.9M | $4.4M | 100x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 186.48 | −0.011% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.51 | +0.006% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.31 | −0.102% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.61 | +0.059% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.50 | 0.000% | $1.6M | $37K | 10x | as long as short |
| BloFin EWY-USDT | +0.0006% | 8h | 186.47 | −0.016% | $48K | $217K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.31 | −0.102% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.48 | −0.011% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.32 | −0.097% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.31 | −0.102% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.30 | −0.107% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.46 | −0.021% | $745 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.28 | −0.118% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0056% | 1h | 186.49 | −0.005% | $517K | $250K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.42 | −0.042% | $22 | — | 5x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0072% | 1h | 186.40 | −0.054% | $2K | $14K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.37 | −0.070% | $960K | $603K | 20x | as long as short |
| ApeX Omni EWYUSDTlong | +0.0100% | 1h | 186.50 | long leg | $13K | $264K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.45 | −0.027% | $2K | $1K | 20x | as long as short |
| edgeX EWYUSDC | +0.0442% | 4h | 186.45 | −0.028% | $418K | $286K | 20x | as long as short |
ApeX Omni EWYUSDT
OKX EWY-USDT-SWAP
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
BloFin EWY-USDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Coinbase International EWY-PERP-INTX
Paradex EWY-USD-PERP
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
edgeX EWYUSDC