Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Gate−0.469%51s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as 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−$1091.089% of the position
Funding, last 7 days+0.205%+$21 on $10k
+Price spread, last 4 days (all we have)+0.427%+$43 · spread now −0.469%, 7d avg −0.025%
=Funding pays, the price is against you. ApeX Omni is 0.443% cheaper against Gate than usual: you would sell low and buy high (spread −0.469% now, against its 7-day average of −0.025%). If the spread goes back, that is −$44 on $10k: about 15 days of funding at the current rate (+$3 a day). The two prices were read 51 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 | Gate EWY_USDT | 187.82 | 0 | get 0.0000% / 8h | 6h 56m | $4.0M | $4.5M | 50x |
| Short | ApeX Omni EWYUSDT | 186.94 | 0.0100 | get 0.0013% / 1h | 56m 37s | $13K | $266K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. 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: −0.469% → −0.025%
- −$44.34
- Slippage, 4 orders
- −$83.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$132.23
- Costs to cover
- 1.089%
- Break-even
- 51.1 days
Slippage from Gate: live order book, 2 min ago; ApeX Omni: live order book, 35 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 Gate live order book, 2 min ago | 2.93 bp | 12.4 bp −$12 | 26.0 bp −$260 | 43.0 bp −$4,297 | 77.2 bp −$38.6K |
| Sell ApeX Omni live order book, 35 min ago | 30.49 bp | 42.3 bp −$42 | 211.3 bp −$2,113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0324% | 8h | 187.78 | −0.021% | $3.1M | $2.8M | 20x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.59 | −0.124% | $290K | $14K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.67 | −0.081% | $238K | $896K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.79 | −0.016% | $26.8M | $82.5M | 50x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.77 | −0.027% | $4.0M | $4.6M | 50x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 187.82 | long leg | $4.0M | $4.5M | 50x | |
| MEXC EWY_USDT | 0.0000% | 8h | 187.76 | −0.032% | $7.5M | $4.1M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 186.89 | −0.495% | $1.2M | $923K | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.96 | −0.460% | $733K | $414K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.39 | −0.229% | — | $2.1M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWY-USDT | 0.0000% | 8h | 186.97 | −0.453% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.66 | −0.085% | $1.7M | $36K | 10x | as long as short |
| BloFin EWY-USDT | +0.0003% | 8h | 187.77 | −0.027% | $48K | $224K | 50x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.68 | −0.075% | $381K | $41K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 187.66 | −0.085% | — | $215K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.80 | −0.011% | $197K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.69 | −0.069% | $5.8M | $15.2M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.45 | −0.197% | $142K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.40 | −0.224% | $4K | $4K | 20x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.47 | −0.186% | $234K | $311K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0061% | 8h | 187.88 | +0.032% | $23 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0096% | 1h | 187.55 | −0.144% | $28K | $16K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.65 | −0.091% | $966K | $648K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 186.94 | −0.469% | $13K | $266K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.61 | −0.112% | $2K | $1K | 20x | as long as short |
| Bybit EWYUSDT | +0.0114% | 8h | 187.79 | −0.016% | $5.0M | $4.6M | 100x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0123% | 1h | 187.64 | −0.096% | $3K | $15K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0128% | 1h | 186.97 | −0.453% | $519K | $237K | 20x | as long as short |
| SoDEX EWY-USD | +0.0559% | 1h | 187.57 | −0.133% | $758 | $3K | 10x | as long as short |
| edgeX EWYUSDC | +0.0756% | 4h | 187.16 | −0.349% | $420K | $284K | 20x | as long as short |
Gate EWY_USDT
ApeX Omni EWYUSDT
Bitget EWYUSDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
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
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
Bybit EWYUSDT
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
SoDEX EWY-USD
edgeX EWYUSDC