Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h +0.008%
Price spread now: ApeX Omni against Coinbase International+0.184%75s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$960.961% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 3 days (all we have)−0.162%−$16 · spread now +0.184%, 7d avg +0.058%
=The price spread pays, funding is against you. ApeX Omni is 0.127% dearer against Coinbase International than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.058%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 189.78 | 0.0144 | pay 0.0018% / 1h | 46m 06s | $530K | $337K | 20x |
| Short | ApeX Omni EWYUSDT | 190.13 | 0.0100 | get 0.0013% / 1h | 46m 06s | $13K | $263K | 50x |
Coinbase International EWY-PERP-INTX
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- −$9.24
- Price spread: +0.184% → +0.058%
- $12.66
- Slippage, 4 orders
- −$76.15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$92.73
- Costs to cover
- 0.961%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 27 min ago; ApeX Omni: live order book, 26 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 Coinbase International live order book, 27 min ago | 2.90 bp | 7.9 bp −$8 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 26 min ago | 28.20 bp | 39.8 bp −$40 | 198.2 bp −$1,982 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 190.06 | +0.148% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.29 | +0.270% | $753K | $386K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.11 | +0.174% | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.24 | +0.242% | $26K | $29K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.06 | +0.148% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.97 | +0.100% | $379K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.32 | +0.285% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.18 | +0.211% | $196K | $142K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.02 | +0.126% | $52K | $58K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.01 | +0.121% | $4K | $126 | 20x | as long as short |
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX EWY-USD | +0.0050% | 1h | 190.06 | +0.148% | $788 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.18 | +0.211% | $242K | $213K | 10x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0066% | 1h | 190.08 | +0.158% | $2K | $13K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.97 | +0.100% | $979K | $677K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 190.13 | +0.184% | $13K | $263K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.14 | +0.190% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0102% | 8h | 190.25 | +0.248% | $23 | — | 5x | as long as short |
| Bybit EWYUSDT | +0.0131% | 8h | 190.16 | +0.200% | $5.3M | $4.2M | 100x | as long as short |
| tradeXYZ xyz:EWY | +0.0138% | 1h | 190.02 | +0.126% | $6.4M | $14.9M | 20x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0144% | 1h | 189.78 | long leg | $530K | $337K | 20x | |
| Bitget EWYUSDT | +0.0288% | 8h | 190.05 | +0.142% | $2.7M | $1.6M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0336% | 8h | 190.09 | +0.163% | $4.1M | $3.6M | 50x | as long as short |
| Aster EWYUSDT | +0.0551% | 8h | 190.16 | +0.200% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0650% | 8h | 190.13 | +0.182% | $1.2M | $1.3M | — | as long as short |
| BloFin EWY-USDT | +0.0653% | 8h | 190.28 | +0.263% | $47K | $214K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0664% | 1h | 190.21 | +0.227% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0673% | 4h | 190.12 | +0.180% | $426K | $283K | 20x | as long as short |
| Extended EWY_24_5-USD | +0.0680% | 1h | 190.10 | +0.166% | $299K | $495K | 10x | as long as short |
| MEXC EWY_USDT | +0.0680% | 8h | 190.08 | +0.158% | $7.6M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0681% | 8h | 190.10 | +0.169% | $28.6M | $78.6M | 50x | as long as short |
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Deribit EWY_USDC-PERPETUAL
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Paradex EWY-USD-PERP
Bybit EWYUSDT
tradeXYZ xyz:EWY
Bitget EWYUSDT
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
BloFin EWY-USDT
Hotstuff EWY-PERP
edgeX EWYUSDC
Extended EWY_24_5-USD
MEXC EWY_USDT
Binance EWYUSDT