Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against tradeXYZ0.000%85s7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as 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−$990.994% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now 0.000%, 7d avg +0.063%
=Together, before fees+0.063%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.063% cheaper against tradeXYZ than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.063%). If the spread goes back, that is −$6 on $10k: about 4.2 days of funding at the current rate (+$2 a day). The two prices were read 85 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 | tradeXYZ xyz:EWY | 190.45 | 0.0050 | pay 0.0006% / 1h | 0m 07s | $6.1M | $13.9M | 20x |
| Short | ApeX Omni EWYUSDT | 190.45 | 0.0100 | get 0.0013% / 1h | 0m 07s | $13K | $265K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against tradeXYZ. 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
- $10.5
- Price spread: 0.000% → +0.063%
- −$6.34
- Slippage, 4 orders
- −$71.35
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$95.2
- Costs to cover
- 0.994%
- Break-even
- 70.5 days
Slippage from tradeXYZ: live order book, 9 min ago; ApeX Omni: live order book, 62 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 tradeXYZ live order book, 9 min ago | 0.52 bp | 10.4 bp −$10 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 62 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 | −0.0168% | 1h | 190.41 | −0.021% | $29K | $12K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.59 | +0.074% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.53 | +0.042% | $4.2M | $3.8M | 50x | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.43 | −0.010% | $753K | $393K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.39 | −0.032% | — | $2.5M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.39 | −0.032% | $531K | $311K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.52 | +0.037% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.52 | +0.037% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.40 | −0.026% | $386K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.60 | +0.079% | — | $220K | 25x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.50 | +0.026% | $198K | $146K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 190.45 | long leg | $6.1M | $13.9M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 190.32 | −0.068% | $51K | $56K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.30 | −0.079% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.49 | +0.021% | $748 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.31 | −0.074% | $201K | $267K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0055% | 8h | 190.46 | +0.004% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0062% | 8h | 190.51 | +0.032% | $2.7M | $2.0M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0065% | 1h | 190.49 | +0.021% | $2K | $13K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0093% | 8h | 190.46 | +0.005% | $4.1M | $3.5M | 50x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.48 | +0.016% | $982K | $627K | 20x | as long as short |
| ApeX Omni EWYUSDTshort | +0.0100% | 1h | 190.45 | 0.000% | $13K | $265K | 50x | |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.53 | +0.042% | $2K | $1K | 20x | as long as short |
| Aster EWYUSDT | +0.0142% | 8h | 190.54 | +0.049% | $295K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0164% | 4h | 190.41 | −0.020% | $427K | $284K | 20x | as long as short |
| Variational Omni EWY | +0.0179% | 8h | 190.44 | −0.007% | $1.2M | $1.1M | — | as long as short |
| BloFin EWY-USDT | +0.0196% | 8h | 190.47 | +0.011% | $48K | $214K | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0216% | 1h | 190.50 | +0.024% | $304K | $663K | 10x | as long as short |
| Binance EWYUSDT | +0.0217% | 8h | 190.55 | +0.053% | $28.5M | $76.8M | 50x | as long as short |
| MEXC EWY_USDT | +0.0219% | 8h | 190.54 | +0.047% | $6.5M | $4.2M | 100x | as long as short |
tradeXYZ xyz:EWY
ApeX Omni EWYUSDT
Bybit EWYUSDT
Gate EWY_USDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
Bitget EWYUSDT
Deribit EWY_USDC-PERPETUAL
OKX EWY-USDT-SWAP
KuCoin EWYUSDTM
Aster EWYUSDT
edgeX EWYUSDC
Variational Omni EWY
BloFin EWY-USDT
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT