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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: tradeXYZ against ApeX Omni−0.043%65s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$960.960% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.043%, 7d avg −0.062%
Together, before fees−0.130%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.062%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT186.770.0100pay 0.0013% / 1h30m 31s$13K$264K50x
ShorttradeXYZ xyz:EWY186.690.0050get 0.0006% / 1h30m 31s$6.4M$14.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$10.5
Price spread: −0.043% → −0.062%
$1.87
Slippage, 4 orders
−$68.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$104.65
Costs to cover
0.960%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 6 min ago; tradeXYZ: live order book, 8 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, 6 min ago26.47 bp37.0 bp −$37211.8 bp −$2,118doesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 min ago0.54 bp10.5 bp −$1112.2 bp −$122doesn'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−0.0454%8h186.94+0.091%$2.9M$2.5M20xas long as short
BloFin EWY-USDT−0.0025%8h186.97+0.107%$48K$217K50xas long as short
Vest EWY-USD-PERP−0.0004%1h186.45−0.171%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.92+0.079%$290K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.83+0.032%$238K$912K10xas long as short
Binance EWYUSDT0.0000%8h186.83+0.032%$27.1M$83.0M50xas long as short
Bybit EWYUSDT0.0000%8h186.89+0.064%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.75−0.011%$4.1M$4.7M50xas long as short
Gate EWY_USDT0.0000%8h186.94+0.091%$4.0M$4.3M50xas long as short
MEXC EWY_USDT0.0000%8h186.85+0.043%$8.5M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.89+0.064%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h187.00+0.121%$739K$416K10xas long as short
SunX EWY-USDT0.0000%8h186.76−0.005%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h187.09+0.171%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.97+0.107%$1.7M$37K10xas long as short
Lighter EWY+0.0032%1h186.71−0.032%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.88+0.059%$197K$153K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h186.69−0.043%$6.4M$14.6M20x
Entropy io:EWY+0.0050%1h186.81+0.021%$142K$119K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.69−0.043%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.92+0.080%$753$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.76−0.005%$224K$334K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.84+0.037%$518K$250K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.85+0.042%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.770.000%$962K$602K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h186.77long leg$13K$264K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.83+0.032%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0125%1h186.96+0.102%$2K$14K20xas long as short
Hotstuff EWY-PERP+0.0720%1h186.88+0.059%$28K$12K20xas long as short
edgeX EWYUSDC+0.0823%4h186.98+0.114%$419K$286K20xas long as short