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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1031.029% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWY_USDT | 190.48 | 0 | get 0.0000% / 8h | 5h 01m | $4.2M | $3.8M | 50x |
| Short | ApeX Omni EWYUSDT | 190.46 | 0.0100 | get 0.0013% / 1h | 1m 35s | $13K | $265K | 50x |
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 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: −0.010% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 2.10 bp | 11.1 bp −$11 | 21.2 bp −$212 | 48.1 bp −$4,815 | 85.5 bp −$42.7K |
| Sell ApeX Omni live order book, 60 min ago | 28.93 bp | 39.3 bp −$39 | 210.2 bp −$2,102 | 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 | −0.0096% | 1h | 190.34 | −0.073% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.53 | +0.026% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDTlong | 0.0000% | 8h | 190.48 | long leg | $4.2M | $3.8M | 50x | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.46 | −0.008% | $753K | $393K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.32 | −0.084% | — | $2.5M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.38 | −0.052% | $2K | $13K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.39 | −0.047% | $531K | $312K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.53 | +0.026% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.44 | −0.021% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.32 | −0.084% | $386K | $39K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.55 | +0.037% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.42 | −0.031% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.34 | −0.073% | $6.1M | $13.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.31 | −0.089% | $51K | $56K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.26 | −0.115% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.42 | −0.031% | $748 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.31 | −0.089% | $201K | $267K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 190.46 | −0.013% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0062% | 8h | 190.45 | −0.016% | $2.7M | $2.0M | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0095% | 8h | 190.46 | −0.010% | $4.1M | $3.5M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.40 | −0.042% | $982K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 190.46 | −0.010% | $13K | $265K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.43 | −0.026% | $2K | $1K | 20x | as long as short |
| Aster EWYUSDT | +0.0145% | 8h | 190.43 | −0.028% | $295K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0164% | 4h | 190.41 | −0.036% | $427K | $284K | 20x | as long as short |
| Variational Omni EWY | +0.0191% | 8h | 190.35 | −0.069% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0220% | 8h | 190.47 | −0.007% | $28.5M | $76.9M | 50x | as long as short |
| MEXC EWY_USDT | +0.0221% | 8h | 190.44 | −0.021% | $6.5M | $4.2M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0224% | 1h | 190.42 | −0.033% | $302K | $663K | 10x | as long as short |
| BloFin EWY-USDT | +0.0241% | 8h | 190.45 | −0.016% | $48K | $214K | 50x | as long as short |
Gate EWY_USDT
ApeX Omni EWYUSDT
Bybit EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Bitget EWYUSDT
OKX EWY-USDT-SWAP
KuCoin EWYUSDTM
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
Binance EWYUSDT
MEXC EWY_USDT
Extended EWY_24_5-USD
BloFin EWY-USDT