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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.007%
Price spread now: ApeX Omni against Bitget−0.068%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.068%, 7d avg −0.022%
Together, before fees+0.205%+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.046% cheaper against Bitget than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.022%). If the spread goes back, that is −$5 on $10k: about 2.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWYUSDT190.600.0044pay 0.0044% / 8h4h 35m$2.7M$2.0M20x
ShortApeX Omni EWYUSDT190.470.0100get 0.0013% / 1h35m 11s$13K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
$11.76
Price spread: −0.068% → −0.022%
−$4.58
Slippage, 4 orders
−$74.95
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$89.77
Costs to cover
0.970%
Break-even
60.4 days
Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 22 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 Bitget live order book, 2 min ago1.31 bp9.5 bp −$1013.7 bp −$13723.1 bp −$2,31375.4 bp −$37.7K
Sell ApeX Omni live order book, 22 min ago28.33 bp39.9 bp −$40197.9 bp −$1,979doesn'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%8h190.69+0.047%$5.2M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.66+0.031%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.60−0.002%$753K$394K10xas long as short
SunX EWY-USDT0.0000%8h190.66+0.031%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.72+0.063%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.64+0.021%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h190.50−0.052%$386K$39K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h190.57−0.016%$531K$304K20xas long as short
Bitget EWYUSDTlong+0.0044%8h190.60long leg$2.7M$2.0M20x
Vest EWY-USD-PERP+0.0046%1h190.78+0.094%$220K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex EWYUSDT+0.0048%1h190.61+0.005%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.52−0.042%$6.2M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.45−0.079%$46K$59K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.44−0.084%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.62+0.010%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.58−0.010%$201K$268K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h190.63+0.017%$235xas long as short
OKX EWY-USDT-SWAP+0.0057%8h190.66+0.031%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0075%8h190.61+0.003%$296K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h190.49−0.058%$982K$622K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h190.47−0.068%$13K$265K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.61+0.005%$2K$1K20xas long as short
Variational Omni EWY+0.0111%8h190.60+0.001%$1.2M$1.1Mas long as short
MEXC EWY_USDT+0.0151%8h190.600.000%$6.5M$3.9M100xas long as short
Binance EWYUSDT+0.0151%8h190.63+0.014%$28.5M$76.5M50xas long as short
Extended EWY_24_5-USD+0.0152%1h190.58−0.009%$301K$669K10xas long as short
BloFin EWY-USDT+0.0165%8h190.62+0.010%$48K$214K50xas long as short
Hotstuff EWY-PERP+0.0208%1h190.54−0.031%$29K$12K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0275%1h190.62+0.010%$2K$13K20xas long as short
edgeX EWYUSDC+0.0924%4h190.55−0.025%$427K$284K20xas long as short