Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.012%
Price spread now: Bybit against ApeX Omni+0.213%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$950.954% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.213%, 7d avg +0.031%
=The price spread pays, funding is against you. Bybit is 0.182% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of +0.031%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.1 days. At the pace of the last 7 days (−0.097% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EWYUSDT | 187.50 | 0.0100 | pay 0.0013% / 1h | 41m 14s | $13K | $265K | 50x |
| Short | Bybit EWYUSDT | 187.90 | 0 | get 0.0000% / 8h | 1h 41m | $4.9M | $4.8M | 100x |
ApeX Omni EWYUSDT
Bybit EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: +0.213% → +0.031%
- $18.24
- Slippage, 4 orders
- −$74.36
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$98.12
- Costs to cover
- 0.954%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 66 min ago; Bybit: live order book, 1 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, 66 min ago | 28.31 bp | 39.3 bp −$39 | 209.3 bp −$2,093 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.53 bp | 8.2 bp −$8 | 12.0 bp −$120 | 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 | −0.0146% | 8h | 187.92 | +0.224% | $2.7M | $2.3M | 20x | as long as short |
| BloFin EWY-USDT | −0.0011% | 8h | 187.87 | +0.197% | $48K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 187.83 | +0.176% | $291K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 187.80 | +0.159% | $239K | $498K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 187.84 | +0.181% | $27.2M | $81.9M | 50x | as long as short |
| Bybit EWYUSDTshort | 0.0000% | 8h | 187.90 | +0.213% | $4.9M | $4.8M | 100x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 187.81 | +0.165% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 187.88 | +0.203% | $4.0M | $4.3M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 187.87 | +0.197% | $8.6M | $4.5M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 187.89 | +0.209% | $1.2M | $1.1M | — | as long as short |
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.00 | +0.268% | $744K | $425K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 187.78 | +0.149% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 187.97 | +0.251% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 187.87 | +0.197% | $1.7M | $36K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 187.70 | +0.107% | $380K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0045% | 1h | 187.60 | +0.053% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 187.87 | +0.197% | $197K | $151K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 187.85 | +0.187% | $522K | $273K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 187.75 | +0.133% | $6.4M | $14.4M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 187.80 | +0.160% | $143K | $119K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 187.66 | +0.085% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 187.80 | +0.160% | $755 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 187.75 | +0.133% | $224K | $317K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 187.88 | +0.205% | $23 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0080% | 1h | 187.77 | +0.144% | $28K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 187.72 | +0.117% | $966K | $596K | 20x | as long as short |
| ApeX Omni EWYUSDTlong | +0.0100% | 1h | 187.50 | long leg | $13K | $265K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 187.83 | +0.176% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0176% | 1h | 187.81 | +0.165% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0599% | 4h | 187.98 | +0.255% | $421K | $286K | 20x | as long as short |
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Hotstuff EWY-PERP
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC