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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Popdex−0.074%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$920.921% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.052%+$5 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.074%, 7d avg −0.022%
Together, before fees+0.093%+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.052% cheaper against Popdex than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.022%). If the spread goes back, that is −$5 on $10k: about 3.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex EWYUSDT188.510.0048pay 0.0006% / 1h9m 09s$198K$151K20x
ShortApeX Omni EWYUSDT188.370.0100get 0.0013% / 1h9m 09s$13K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Popdex. 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
$10.92
Price spread: −0.074% → −0.022%
−$5.24
Slippage, 4 orders
−$75.71
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$86.43
Costs to cover
0.921%
Break-even
62.4 days
Slippage from Popdex: live order book, 40 min ago; ApeX Omni: live order book, 38 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 Popdex live order book, 40 min ago1.06 bp7.7 bp −$818.0 bp −$180doesn't fitdoesn't fit
Sell ApeX Omni live order book, 38 min ago28.31 bp40.0 bp −$40193.0 bp −$1,930doesn'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
Bitget EWYUSDT−0.0157%8h188.40−0.058%$2.7M$2.3M20xas long as short
BloFin EWY-USDT−0.0012%8h188.39−0.064%$47K$216K50xas long as short
Aster EWYUSDT0.0000%8h188.41−0.052%$292K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.37−0.076%$240K$500K10xas long as short
Binance EWYUSDT0.0000%8h188.40−0.058%$27.4M$81.2M50xas long as short
Bybit EWYUSDT0.0000%8h188.46−0.027%$5.0M$4.8M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.39−0.064%$4.1M$4.3M50xas long as short
Gate EWY_USDT0.0000%8h188.44−0.037%$4.1M$4.2M50xas long as short
MEXC EWY_USDT0.0000%8h188.39−0.064%$8.9M$4.2M100xas long as short
Variational Omni EWY0.0000%8h188.31−0.105%$1.2M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWY_USDT_Perp0.0000%8h188.35−0.086%$744K$426K10xas long as short
SunX EWY-USDT0.0000%8h188.42−0.048%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.11−0.212%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.36−0.080%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h188.30−0.111%$382K$40K20xas long as short
Coinbase International EWY-PERP-INTX+0.0040%1h187.91−0.318%$523K$277K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.19−0.170%$220K25xas long as short
Popdex EWYUSDTlong+0.0048%1h188.51long leg$198K$151K20x
tradeXYZ xyz:EWY+0.0050%1h188.24−0.143%$6.3M$14.4M20xas long as short
Entropy io:EWY+0.0050%1h188.13−0.202%$125K$111K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.27−0.127%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.36−0.080%$735$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.17−0.180%$216K$318K10xas long as short
Paradex EWY-USD-PERP+0.0059%8h188.50−0.006%$235xas long as short
Hotstuff EWY-PERP+0.0072%1h188.34−0.090%$28K$12K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.16−0.186%$969K$598K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h188.37−0.074%$13K$265K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.37−0.074%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0122%1h188.41−0.053%$2K$14K20xas long as short
edgeX EWYUSDC+0.0835%4h188.30−0.114%$422K$284K20xas long as short