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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.037%
Price spread now: Variational Omni against ApeX Omni−0.190%118s7-day average +0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.029%−$3 on $10k
Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.190%, 7d avg +0.013%
Together, before fees+0.193%+ Points / potential airdropVariational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.204% cheaper against ApeX Omni than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 118 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT188.940.0100pay 0.0013% / 1h7m 33s$13K$265K50x
ShortVariational Omni EWY188.580get 0.0000% / 8h3h 07m$1.2M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$21
Price spread: −0.190% → +0.013%
−$20.38
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$51.38
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 44 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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, 44 min ago28.42 bp40.6 bp −$41216.5 bp −$2,165doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.23 bpdoesn't fit6.0 bp −$60doesn'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
Aster EWYUSDT0.0000%8h188.82−0.065%$293K$12K20xas long as short
Extended EWY_24_5-USD0.0000%1h188.76−0.095%$300K$422K10xas long as short
Binance EWYUSDT0.0000%8h188.82−0.064%$27.6M$77.6M50xas long as short
Bybit EWYUSDT0.0000%8h188.80−0.074%$5.1M$4.4M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.75−0.101%$4.2M$4.0M50xas long as short
Gate EWY_USDT0.0000%8h188.75−0.101%$4.1M$3.9M50xas long as short
MEXC EWY_USDT0.0000%8h188.80−0.074%$6.2M$3.8M100xas long as short
Bitget EWYUSDT0.0000%8h188.80−0.074%$2.7M$2.2M20xas long as short
Variational Omni EWYshort0.0000%8h188.58−0.190%$1.2M$1.1M
GRVT EWY_USDT_Perp0.0000%8h188.55−0.207%$746K$406K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWY-USDT0.0000%8h188.57−0.196%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h188.71−0.122%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h188.67−0.143%$1.7M$37K10xas long as short
BloFin EWY-USDT+0.0029%8h188.56−0.201%$48K$214K50xas long as short
Lighter EWY+0.0032%1h188.58−0.191%$382K$40K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.42−0.275%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h188.82−0.064%$197K$147K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h188.40−0.286%$524K$290K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.62−0.169%$6.1M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h188.65−0.153%$65K$81K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h188.36−0.307%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h188.52−0.222%$734$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.44−0.265%$202K$304K10xas long as short
Paradex EWY-USD-PERP+0.0051%8h188.80−0.075%$235xas long as short
Deribit EWY_USDC-PERPETUAL+0.0068%1h188.49−0.238%$2K$14K20xas long as short
KuCoin EWYUSDTM+0.0100%8h188.68−0.138%$973K$614K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h188.94long leg$13K$265K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h188.50−0.233%$2K$1K20xas long as short
Hotstuff EWY-PERP+0.0400%1h188.62−0.169%$28K$12K20xas long as short
edgeX EWYUSDC+0.0734%4h188.57−0.198%$423K$284K20xas long as short