Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.012%
Price spread now: ApeX Omni against Bybit−0.209%79s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.977% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.209%, 7d avg −0.030%
=Funding pays, the price is against you. ApeX Omni is 0.180% cheaper against Bybit than usual: you would sell low and buy high (spread −0.209% now, against its 7-day average of −0.030%). If the spread goes back, that is −$18 on $10k: about 6.0 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.098% in total) that is about 13 days. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EWYUSDT | 191.02 | 0 | get 0.0000% / 8h | 7h 22m | $5.2M | $4.3M | 100x |
| Short | ApeX Omni EWYUSDT | 190.62 | 0.0100 | get 0.0013% / 1h | 22m 16s | $13K | $263K | 50x |
Bybit EWYUSDT
ApeX Omni EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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: −0.209% → −0.030%
- −$17.95
- Slippage, 4 orders
- −$76.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$94.7
- Costs to cover
- 0.977%
- Break-even
- 38.6 days
Slippage from Bybit: live order book, just now; ApeX Omni: live order book, 50 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 Bybit live order book, just now | 0.52 bp | 9.0 bp −$9 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 50 min ago | 28.20 bp | 39.8 bp −$40 | 198.2 bp −$1,982 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDTlong | 0.0000% | 8h | 191.02 | long leg | $5.2M | $4.3M | 100x | |
| Gate EWY_USDT | 0.0000% | 8h | 191.03 | +0.005% | $4.1M | $3.4M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.76 | −0.135% | $755K | $375K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.77 | −0.131% | — | $2.6M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.80 | −0.115% | $22K | $37K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 191.06 | +0.021% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.82 | −0.105% | $387K | $63K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 191.05 | +0.016% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.84 | −0.094% | $196K | $143K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.90 | −0.063% | $6.3M | $14.7M | 20x | as long as short |
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDT
tradeXYZ xyz:EWYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:EWY | +0.0050% | 1h | 190.53 | −0.257% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.77 | −0.131% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.82 | −0.105% | $456 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.64 | −0.199% | $230K | $233K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0080% | 8h | 190.81 | −0.108% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.63 | −0.204% | $982K | $664K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 190.62 | −0.209% | $13K | $263K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 191.06 | +0.021% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0117% | 1h | 191.03 | +0.005% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 190.67 | −0.183% | $532K | $340K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0291% | 8h | 191.09 | +0.037% | $4.2M | $3.5M | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0360% | 1h | 190.72 | −0.157% | $29K | $12K | 20x | as long as short |
| Bitget EWYUSDT | +0.0386% | 8h | 190.96 | −0.031% | $2.8M | $1.6M | 20x | as long as short |
| Aster EWYUSDT | +0.0499% | 8h | 190.96 | −0.031% | $296K | $12K | 20x | as long as short |
| BloFin EWY-USDT | +0.0589% | 8h | 190.63 | −0.204% | $47K | $214K | 50x | as long as short |
| Variational Omni EWY | +0.0592% | 8h | 190.74 | −0.145% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0616% | 1h | 190.98 | −0.023% | $304K | $717K | 10x | as long as short |
| Binance EWYUSDT | +0.0617% | 8h | 191.03 | +0.006% | $28.7M | $78.2M | 50x | as long as short |
| edgeX EWYUSDC | +0.0618% | 4h | 190.69 | −0.171% | $427K | $282K | 20x | as long as short |
| MEXC EWY_USDT | +0.0618% | 8h | 190.94 | −0.042% | $7.4M | $4.5M | 100x | as long as short |
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
OKX EWY-USDT-SWAP
Hotstuff EWY-PERP
Bitget EWYUSDT
Aster EWYUSDT
BloFin EWY-USDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
edgeX EWYUSDC
MEXC EWY_USDT