EWY

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.016%

7d average—if it closes, per $10,000$2funding while held, a day−$0.66

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff EWY-PERP	188.82	0.0072	pay 0.0009% / 1h	40m 06s	$28K	$10K	20x
Short	Entropy io:EWY	188.85	0.0050	get 0.0006% / 1h	40m 06s	$46K	$36K	25x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee HotstuffbpFee EntropybpOrdersClose when spread is

Spread captured: $1.59
Funding while held: −$0.66
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$22.07
Spread needed to break even: 0.230%

Slippage unknown: Hotstuff: no order-book sample; Entropy: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0022%
Per $10,000 a day: −$0.66
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 Hotstuff no order-book sample	—	—	—	—	—
Sell Entropy no order-book sample	—	—	—	—	—

Hotstuff and 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 on 29 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Ondo Perps EWY-USD.P	−0.026%	+0.0050%	1h	$207K	$149K	10x	as long as short
Polymarket Perps EWY-USD	−0.016%	+0.0050%	1h	$4K	$23	20x	as long as short
Hotstuff EWY-PERPlong	0.000%	+0.0072%	1h	$28K	$10K	20x
Entropy io:EWYshort	+0.016%	+0.0050%	1h	$46K	$36K	25x
KuCoin EWYUSDTM	+0.021%	+0.0100%	8h	$959K	$679K	20x	as long as short
ApeX Omni EWYUSDT	+0.021%	+0.0100%	1h	$13K	$258K	50x	as long as short
edgeX EWYUSDC	+0.025%	+0.0736%	4h	$423K	$269K	20x	as long as short
Lighter EWY	+0.026%	+0.0032%	1h	$375K	$101K	20x	as long as short
tradeXYZ xyz:EWY	+0.037%	+0.0011%	1h	$6.0M	$13.4M	20x	as long as short
Variational Omni EWY	+0.054%	0.0000%	8h	$1.3M	$920K	—	as long as short

Show all 29 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin EWY-USDT	+0.058%	−0.0014%	8h	$48K	$188K	50x	as long as short
Coinbase International EWY-PERP-INTX	+0.064%	−0.0024%	1h	$527K	$281K	20x	as long as short
Paradex EWY-USD-PERP	+0.067%	+0.0050%	8h	$23	—	5x	as long as short
Gate EWY_USDT	+0.069%	0.0000%	8h	$3.2M	$2.4M	50x	as long as short
SoDEX EWY-USD	+0.074%	+0.0050%	1h	$771	$3K	10x	as long as short
HTX EWY-USDT	+0.074%	0.0000%	8h	$36K	$9K	20x	as long as short
Extended EWY_24_5-USD	+0.076%	0.0000%	1h	$303K	$422K	10x	as long as short
Bybit EWYUSDT	+0.085%	0.0000%	8h	$5.7M	$3.1M	100x	as long as short
Popdex EWYUSDT	+0.085%	+0.0048%	1h	$192K	$137K	20x	as long as short
Bitget EWYUSDT	+0.085%	0.0000%	8h	$2.3M	$1.1M	20x	as long as short
SunX EWY-USDT	+0.085%	0.0000%	8h	—	$2.7M	20x	as long as short
Aster EWYUSDT	+0.091%	0.0000%	8h	$289K	$3K	20x	as long as short
Binance EWYUSDT	+0.094%	0.0000%	8h	$28.6M	$67.0M	50x	as long as short
MEXC EWY_USDT	+0.095%	0.0000%	8h	$7.1M	$4.1M	100x	as long as short
Orderly PERP_EWY_USDC_mythos	+0.095%	+0.0100%	8h	$1K	$429	20x	as long as short
Phemex EWYUSDT	+0.095%	0.0000%	8h	$1.7M	$34K	10x	as long as short
OKX EWY-USDT-SWAP	+0.106%	0.0000%	8h	$3.9M	$3.7M	50x	as long as short
Deribit EWY_USDC-PERPETUAL	+0.106%	+0.0015%	1h	$2K	$13K	20x	as long as short
Vest EWY-USD-PERP	+0.117%	+0.0046%	1h	—	$183K	25x	as long as short

EWY