Spread before costs (cost unknown: a leg has no order-book sample)+0.095%
7d average—if it closes, per $10,000$10funding while held, a day−$5.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:EWY | 189.19 | 0.0183 | pay 0.0023% / 1h | 11m 16s | $46K | $26K | 25x |
| Short | Bybit EWYUSDT | 189.37 | 0 | get 0.0000% / 8h | 5h 11m | $5.7M | $3.2M | 100x |
Entropy io:EWY
Bybit EWYUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.51
- Funding while held
- −$5.48
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$24.97
- Spread needed to break even
- 0.290%
Slippage unknown: Entropy: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0183%
- Per $10,000 a day
- −$5.48
- Average in range /8h
- —
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 Entropy no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 0.53 bp | 8.2 bp −$8 | 10.5 bp −$105 | doesn't fit | doesn't fit |
Entropy: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EWY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International188.85cheapestOndo Perps189.14+0.154%KuCoin189.16+0.164%Polymarket Perps189.17+0.169%
Coinbase International
Ondo Perps
KuCoin
Polymarket PerpsEntropy189.19+0.180%
Variational Omni189.20+0.186%ApeX Omni189.23+0.201%Lighter189.24+0.207%Hotstuff189.25+0.212%Gate189.25+0.212%Bitget189.25+0.212%SunX189.25+0.212%HTX189.25+0.212%edgeX189.26+0.216%tradeXYZ189.28+0.228%Aster189.29+0.232%Paradex189.32+0.249%MEXC189.34+0.259%Popdex189.35+0.265%Phemex189.35+0.265%
Variational Omni
ApeX Omni
Lighter
Hotstuff
Gate
Bitget
SunX
HTX
tradeXYZ
Aster
Paradex
MEXC
Popdex
PhemexBybit189.37+0.275%
Vest189.37+0.275%SoDEX189.37+0.275%Extended189.38+0.278%Binance189.38+0.281%OKX189.39+0.286%Deribit189.39+0.286%BloFin189.39+0.286%Orderly189.40+0.291%
Vest
SoDEX
Extended
Binance
OKX
Deribit
BloFin
OrderlyEWY on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International EWY-PERP-INTX | −0.180% | +0.0040% | 1h | $525K | $314K | 20x | as long as short |
| Ondo Perps EWY-USD.P | −0.026% | +0.0050% | 1h | $210K | $153K | 10x | as long as short |
| KuCoin EWYUSDTM | −0.016% | +0.0100% | 8h | $959K | $723K | 20x | as long as short |
| Polymarket Perps EWY-USD | −0.011% | +0.0050% | 1h | $4K | $23 | 20x | as long as short |
| Entropy io:EWYlong | 0.000% | +0.0183% | 1h | $46K | $26K | 25x | |
| Variational Omni EWY | +0.006% | 0.0000% | 8h | $1.3M | $863K | — | as long as short |
| ApeX Omni EWYUSDT | +0.021% | +0.0100% | 1h | $13K | $261K | 50x | as long as short |
| Lighter EWY | +0.026% | +0.0032% | 1h | $376K | $95K | 20x | as long as short |
| Hotstuff EWY-PERP | +0.032% | +0.0048% | 1h | $28K | $12K | 20x | as long as short |
| Gate EWY_USDT | +0.032% | 0.0000% | 8h | $3.2M | $2.5M | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | +0.032% | 0.0000% | 8h | $2.4M | $1.2M | 20x | as long as short |
| SunX EWY-USDT | +0.032% | 0.0000% | 8h | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | +0.032% | 0.0000% | 8h | $36K | $9K | 20x | as long as short |
| edgeX EWYUSDC | +0.036% | +0.0508% | 4h | $424K | $270K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.048% | +0.0050% | 1h | $6.2M | $13.7M | 20x | as long as short |
| Aster EWYUSDT | +0.052% | 0.0000% | 8h | $293K | $11K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.069% | +0.0050% | 8h | $23 | — | 5x | as long as short |
| MEXC EWY_USDT | +0.079% | 0.0000% | 8h | $7.7M | $4.4M | 100x | as long as short |
| Popdex EWYUSDT | +0.085% | +0.0048% | 1h | $193K | $137K | 20x | as long as short |
| Phemex EWYUSDT | +0.085% | 0.0000% | 8h | $1.7M | $35K | 10x | as long as short |
| Bybit EWYUSDTshort | +0.095% | 0.0000% | 8h | $5.7M | $3.2M | 100x | |
| Vest EWY-USD-PERP | +0.095% | +0.0046% | 1h | — | $214K | 25x | as long as short |
| SoDEX EWY-USD | +0.095% | +0.0050% | 1h | $780 | $3K | 10x | as long as short |
| Extended EWY_24_5-USD | +0.098% | 0.0000% | 1h | $303K | $420K | 10x | as long as short |
| Binance EWYUSDT | +0.100% | 0.0000% | 8h | $28.7M | $71.8M | 50x | as long as short |
| OKX EWY-USDT-SWAP | +0.106% | 0.0000% | 8h | $4.0M | $3.9M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.106% | +0.0331% | 1h | $2K | $13K | 20x | as long as short |
| BloFin EWY-USDT | +0.106% | +0.0014% | 8h | $48K | $208K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.111% | +0.0100% | 8h | $2K | $1K | 20x | as long as short |