Funding you earn now, next payment 07:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.017%
Price spread now: ApeX Omni against Coinbase International−0.038%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.038%, 7d avg +0.056%
=Funding pays, the price is against you. ApeX Omni is 0.093% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.056%). If the spread goes back, that is −$9 on $10k: about 7.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EWY-PERP-INTX | 186.49 | 0.0056 | pay 0.0007% / 1h | 7m 20s | $517K | $252K | 20x |
| Short | ApeX Omni EWYUSDT | 186.42 | 0.0100 | get 0.0013% / 1h | 7m 20s | $13K | $264K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- $9.24
- Price spread: −0.038% → +0.056%
- −$9.35
- Slippage, 4 orders
- −$66.37
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$86.48
- Costs to cover
- 0.864%
- Break-even
- 72.5 days
Slippage from Coinbase International: live order book, 31 min ago; ApeX Omni: live order book, 30 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 Coinbase International live order book, 31 min ago | 0.54 bp | 5.8 bp −$6 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 30 min ago | 26.47 bp | 37.2 bp −$37 | 199.6 bp −$1,996 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −3.3808% | 1h | 186.37 | −0.064% | $29K | $13K | 20x | as long as short |
| Bitget EWYUSDT | −0.0592% | 8h | 186.59 | +0.054% | $3.1M | $2.6M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.0025% | 1h | 185.91 | −0.311% | — | $220K | 25x | as long as short |
| BloFin EWY-USDT | −0.0021% | 8h | 186.49 | 0.000% | $48K | $217K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 186.47 | −0.009% | $289K | $13K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 186.42 | −0.038% | $237K | $915K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 186.46 | −0.015% | $27.0M | $83.3M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 186.50 | +0.005% | $4.9M | $4.9M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 186.43 | −0.032% | $4.1M | $4.7M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 186.51 | +0.011% | $4.1M | $4.5M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EWY_USDT | 0.0000% | 8h | 186.46 | −0.016% | $7.9M | $4.4M | 100x | as long as short |
| Variational Omni EWY | 0.0000% | 8h | 186.45 | −0.021% | $1.1M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 186.48 | −0.005% | $731K | $421K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 186.36 | −0.070% | — | $2.4M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 186.61 | +0.064% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 186.50 | +0.005% | $1.6M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 186.30 | −0.102% | $378K | $40K | 20x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 186.50 | +0.005% | $198K | $154K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 186.29 | −0.107% | $6.4M | $14.7M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 186.33 | −0.086% | $141K | $120K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 186.28 | −0.113% | $4K | $141 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 186.46 | −0.016% | $746 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 186.45 | −0.021% | $233K | $335K | 10x | as long as short |
| Coinbase International EWY-PERP-INTXlong | +0.0056% | 1h | 186.49 | long leg | $517K | $252K | 20x | |
| Paradex EWY-USD-PERP | +0.0059% | 8h | 186.43 | −0.033% | $22 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 186.34 | −0.080% | $959K | $601K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 186.42 | −0.038% | $13K | $264K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 186.45 | −0.021% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0179% | 1h | 186.42 | −0.038% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0939% | 4h | 186.48 | −0.003% | $418K | $285K | 20x | as long as short |
Coinbase International EWY-PERP-INTX
ApeX Omni EWYUSDT
Bitget EWYUSDT
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC