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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against ApeX Omni+0.161%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$534as in the Funding arb table
Net, price: spread back to 7d avg − costs−$515as in the Price arb table
costs, in and out, $10k−$5355.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.161%, 7d avg −0.034%
Together, before fees−0.243%−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.195% dearer against ApeX Omni than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT186.480.0100pay 0.0013% / 1h59m 17s$13K$264K50x
ShortKuCoin EWYUSDTM186.780.0100get 0.0100% / 8h7h 59m$962K$604K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.161% → −0.034%
$19.47
Slippage, 4 orders
−$512.51
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$515.04
Costs to cover
5.345%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 38 min ago; KuCoin: live order book, 25 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 ApeX Omni live order book, 38 min ago26.47 bp37.0 bp −$37211.8 bp −$2,118doesn't fitdoesn't fit
Sell KuCoin live order book, 25 min ago5.10 bp113.9 bp −$114doesn't fitdoesn'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−0.0622%8h186.04−0.236%$3.1M$2.6M20xas long as short
Entropy io:EWY−0.0359%1h186.26−0.118%$141K$120K25xas long as short
Vest EWY-USD-PERP−0.0034%1h185.80−0.365%$220K25xas long as short
BloFin EWY-USDT−0.0027%8h186.23−0.134%$48K$217K50xas long as short
Aster EWYUSDT0.0000%8h186.29−0.104%$288K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.18−0.161%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.20−0.150%$27.0M$83.5M50xas long as short
Bybit EWYUSDT0.0000%8h186.32−0.086%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.26−0.118%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.38−0.054%$4.1M$4.3M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWY_USDT0.0000%8h186.20−0.150%$7.8M$4.4M100xas long as short
Variational Omni EWY0.0000%8h186.38−0.054%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.42−0.032%$731K$420K10xas long as short
SunX EWY-USDT0.0000%8h186.37−0.059%$2.4M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h186.22−0.139%$3K$15K20xas long as short
HTX EWY-USDT0.0000%8h186.35−0.070%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.22−0.139%$1.6M$37K10xas long as short
Lighter EWY+0.0032%1h186.01−0.252%$377K$40K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.16−0.172%$6.4M$14.7M20xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.23−0.134%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.23−0.134%$745$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.32−0.086%$233K$335K10xas long as short
Paradex EWY-USD-PERP+0.0061%8h186.38−0.051%$225xas long as short
Hotstuff EWY-PERP+0.0096%1h186.27−0.113%$28K$15K20xas long as short
KuCoin EWYUSDTMshort+0.0100%8h186.78+0.161%$962K$604K20x
ApeX Omni EWYUSDTlong+0.0100%1h186.48long leg$13K$264K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.28−0.107%$2K$1K20xas long as short
Coinbase International EWY-PERP-INTX+0.0112%1h186.23−0.134%$517K$251K20xas long as short
Popdex EWYUSDT+0.0184%1h186.25−0.123%$198K$153K20xas long as short
edgeX EWYUSDC+0.0950%4h186.45−0.017%$418K$286K20xas long as short