Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Popdex against ApeX Omni+0.079%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$890.892% of the position
Funding, last 4 days (all we have)−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.079%, 7d avg +0.020%
=The price spread pays, funding is against you. Popdex is 0.058% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.020%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EWYUSDT | 190.51 | 0.0100 | pay 0.0013% / 1h | 10m 42s | $13K | $265K | 50x |
| Short | Popdex EWYUSDT | 190.66 | 0.0048 | get 0.0006% / 1h | 10m 42s | $198K | $146K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$10.92
- Price spread: +0.079% → +0.020%
- $5.83
- Slippage, 4 orders
- −$72.82
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$94.3
- Costs to cover
- 0.892%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 46 min ago; Popdex: live order book, 48 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, 46 min ago | 28.33 bp | 39.3 bp −$39 | 210.4 bp −$2,104 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 48 min ago | 0.52 bp | 4.9 bp −$5 | 10.7 bp −$107 | 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 | −0.0152% | 1h | 190.58 | +0.037% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.74 | +0.121% | $5.1M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.71 | +0.105% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.57 | +0.032% | $753K | $395K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.62 | +0.058% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.61 | +0.052% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.68 | +0.089% | $1.7M | $37K | 10x | as long as short |
| OKX EWY-USDT-SWAP | +0.0018% | 8h | 190.73 | +0.115% | $4.1M | $3.3M | 50x | as long as short |
| Aster EWYUSDT | +0.0019% | 8h | 190.64 | +0.070% | $296K | $12K | 20x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.54 | +0.016% | $386K | $39K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 190.58 | +0.037% | $532K | $297K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.82 | +0.163% | — | $220K | 25x | as long as short |
| Popdex EWYUSDTshort | +0.0048% | 1h | 190.66 | +0.079% | $198K | $146K | 20x | |
| Bitget EWYUSDT | +0.0049% | 8h | 190.70 | +0.100% | $2.7M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.61 | +0.052% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.56 | +0.026% | $30K | $66K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.47 | −0.021% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.66 | +0.079% | $755 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.52 | +0.005% | $201K | $266K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0053% | 8h | 190.66 | +0.081% | $23 | — | 5x | as long as short |
| Variational Omni EWY | +0.0054% | 8h | 190.62 | +0.058% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0095% | 8h | 190.69 | +0.097% | $28.1M | $76.5M | 50x | as long as short |
| BloFin EWY-USDT | +0.0096% | 8h | 190.65 | +0.073% | $48K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0096% | 1h | 190.62 | +0.057% | $301K | $669K | 10x | as long as short |
| MEXC EWY_USDT | +0.0097% | 8h | 190.69 | +0.094% | $6.5M | $3.9M | 100x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.60 | +0.047% | $982K | $618K | 20x | as long as short |
| ApeX Omni EWYUSDTlong | +0.0100% | 1h | 190.51 | long leg | $13K | $265K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.65 | +0.073% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0117% | 1h | 190.63 | +0.063% | $2K | $13K | 20x | as long as short |
| edgeX EWYUSDC | +0.0353% | 4h | 190.51 | +0.002% | $427K | $285K | 20x | as long as short |
ApeX Omni EWYUSDT
Popdex EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Variational Omni EWY
Binance EWYUSDT
BloFin EWY-USDT
Extended EWY_24_5-USD
MEXC EWY_USDT
KuCoin EWYUSDTM
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC