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

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.040%
Price spread now: ApeX Omni against MEXC−0.079%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.079%, 7d avg −0.018%
Together, before fees+0.078%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.061% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWY_USDT190.660.0097pay 0.0097% / 8h4h 11m$6.5M$3.9M100x
ShortApeX Omni EWYUSDT190.510.0100get 0.0013% / 1h11m 13s$13K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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
$0.63
Price spread: −0.079% → −0.018%
−$6.08
Slippage, 4 orders
−$70.01
Fee MEXC: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$85.46
Costs to cover
0.800%
Break-even
956.6 days
Slippage from MEXC: live order book, 1 min ago; ApeX Omni: live order book, 46 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 MEXC live order book, 1 min ago0.26 bp0.3 bp $00.3 bp −$33.0 bp −$302102.6 bp −$51.3K
Sell ApeX Omni live order book, 46 min ago28.33 bp39.9 bp −$40197.9 bp −$1,979doesn'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−0.0152%1h190.58−0.042%$29K$12K20xas long as short
Bybit EWYUSDT0.0000%8h190.72+0.031%$5.1M$4.2M100xas long as short
Gate EWY_USDT0.0000%8h190.69+0.016%$4.2M$3.8M50xas long as short
GRVT EWY_USDT_Perp0.0000%8h190.57−0.047%$753K$395K10xas long as short
SunX EWY-USDT0.0000%8h190.62−0.021%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h190.61−0.026%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h190.68+0.010%$1.7M$37K10xas long as short
OKX EWY-USDT-SWAP+0.0018%8h190.67+0.005%$4.1M$3.3M50xas long as short
Aster EWYUSDT+0.0022%8h190.64−0.010%$296K$12K20xas long as short
Lighter EWY+0.0032%1h190.54−0.063%$386K$39K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0040%1h190.58−0.042%$532K$297K20xas long as short
Vest EWY-USD-PERP+0.0046%1h190.82+0.084%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h190.660.000%$198K$146K20xas long as short
Bitget EWYUSDT+0.0049%8h190.69+0.016%$2.7M$2.0M20xas long as short
tradeXYZ xyz:EWY+0.0050%1h190.61−0.026%$6.2M$14.3M20xas long as short
Entropy io:EWY+0.0050%1h190.56−0.052%$30K$66K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h190.47−0.100%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h190.660.000%$755$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h190.52−0.073%$201K$266K10xas long as short
Paradex EWY-USD-PERP+0.0053%8h190.66+0.002%$235xas long as short
Variational Omni EWY+0.0054%8h190.62−0.021%$1.2M$1.1Mas long as short
BloFin EWY-USDT+0.0096%8h190.65−0.005%$48K$214K50xas long as short
Extended EWY_24_5-USD+0.0096%1h190.61−0.028%$301K$669K10xas long as short
Binance EWYUSDT+0.0097%8h190.67+0.005%$28.1M$76.5M50xas long as short
MEXC EWY_USDTlong+0.0097%8h190.66long leg$6.5M$3.9M100x
KuCoin EWYUSDTM+0.0100%8h190.59−0.037%$982K$618K20xas long as short
ApeX Omni EWYUSDTshort+0.0100%1h190.51−0.079%$13K$265K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h190.65−0.005%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0117%1h190.63−0.016%$2K$13K20xas long as short
edgeX EWYUSDC+0.0353%4h190.51−0.077%$427K$285K20xas long as short