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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Gate−0.010%111s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1031.029% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.205%+$21 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.010%, 7d avg −0.026%
Together, before fees+0.175%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWY_USDT190.480get 0.0000% / 8h5h 01m$4.2M$3.8M50x
ShortApeX Omni EWYUSDT190.460.0100get 0.0013% / 1h1m 35s$13K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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: −0.010% → −0.026%
$1.5
Slippage, 4 orders
−$77.87
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$80.37
Costs to cover
1.029%
Break-even
33.8 days
Slippage from Gate: live order book, 2 min ago; ApeX Omni: live order book, 60 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 Gate live order book, 2 min ago2.10 bp11.1 bp −$1121.2 bp −$21248.1 bp −$4,81585.5 bp −$42.7K
Sell ApeX Omni live order book, 60 min ago28.93 bp39.3 bp −$39210.2 bp −$2,102doesn'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
Hotstuff EWY-PERP−0.0096%1h190.34−0.073%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.53+0.026%$5.1M$4.3M100xas long as short
Gate EWY_USDTlong0.0000%8h190.48long leg$4.2M$3.8M50x
GRVT EWY_USDT_Perp0.0000%8h190.46−0.008%$753K$393K10xas long as short
SunX EWY-USDT0.0000%8h190.32−0.084%$2.5M20xas long as short
Deribit EWY_USDC-PERPETUAL0.0000%1h190.38−0.052%$2K$13K20xas long as short
Coinbase International EWY-PERP-INTX0.0000%1h190.39−0.047%$531K$312K20xas long as short
HTX EWY-USDT0.0000%8h190.53+0.026%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.44−0.021%$1.7M$38K10xas long as short
Lighter EWY+0.0032%1h190.32−0.084%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EWY-USD-PERP+0.0046%1h190.55+0.037%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.42−0.031%$198K$146K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.34−0.073%$6.1M$13.9M20xas long as short
Entropy io:EWY+0.0050%1h190.31−0.089%$51K$56K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.26−0.115%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.42−0.031%$748$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.31−0.089%$201K$267K10xas long as short
Paradex EWY-USD-PERP+0.0055%8h190.46−0.013%$235xas long as short
Bitget EWYUSDT+0.0062%8h190.45−0.016%$2.7M$2.0M20xas long as short
OKX EWY-USDT-SWAP+0.0095%8h190.46−0.010%$4.1M$3.5M50xas long as short
KuCoin EWYUSDTM+0.0100%8h190.40−0.042%$982K$627K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h190.46−0.010%$13K$265K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.43−0.026%$2K$1K20xas long as short
Aster EWYUSDT+0.0145%8h190.43−0.028%$295K$12K20xas long as short
edgeX EWYUSDC+0.0164%4h190.41−0.036%$427K$284K20xas long as short
Variational Omni EWY+0.0191%8h190.35−0.069%$1.2M$1.1Mas long as short
Binance EWYUSDT+0.0220%8h190.47−0.007%$28.5M$76.9M50xas long as short
MEXC EWY_USDT+0.0221%8h190.44−0.021%$6.5M$4.2M100xas long as short
Extended EWY_24_5-USD+0.0224%1h190.42−0.033%$302K$663K10xas long as short
BloFin EWY-USDT+0.0241%8h190.45−0.016%$48K$214K50xas long as short