Spread before costs (cost unknown: a leg has no order-book sample)−0.011%
7d average−0.025%if it closes, per $10,000$1funding while held, a day+$0.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 188.43 | 0.0032 | pay 0.0004% / 1h | 23m 12s | $374K | $103K | 20x |
| Short | Ondo Perps EWY-USD.P | 188.41 | 0.0050 | get 0.0006% / 1h | 23m 12s | $211K | $144K | 10x |
Lighter EWY
Ondo Perps EWY-USD.PPrice 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
- −$1.06
- Funding while held
- $0.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.51
- Spread needed to break even
- 0.050%
Slippage unknown: Lighter: live order book, 18 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0018%
- Per $10,000 a day
- +$0.55
- 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 Lighter live order book, 18 min ago | 3.19 bp | 5.2 bp −$5 | 14.2 bp −$142 | 45.5 bp −$4,545 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 International188.09cheapest
Coinbase InternationalOndo Perps188.41+0.170%
Lighter188.43+0.181%
KuCoin188.44+0.186%Polymarket Perps188.44+0.186%Entropy188.48+0.207%Hotstuff188.49+0.213%edgeX188.51+0.223%tradeXYZ188.52+0.229%Gate188.52+0.229%Variational Omni188.55+0.244%Bybit188.57+0.255%Aster188.58+0.263%Paradex188.59+0.264%Extended188.59+0.266%MEXC188.59+0.266%Binance188.60+0.271%SoDEX188.60+0.271%ApeX Omni188.61+0.276%Phemex188.61+0.276%Popdex188.62+0.282%Orderly188.62+0.282%SunX188.62+0.282%OKX188.63+0.287%Deribit188.64+0.292%BloFin188.64+0.292%Bitget188.65+0.298%HTX188.68+0.314%Vest188.69+0.319%
KuCoin
Polymarket Perps
Entropy
Hotstuff
tradeXYZ
Gate
Variational Omni
Bybit
Aster
Paradex
Extended
MEXC
Binance
SoDEX
ApeX Omni
Phemex
Popdex
Orderly
SunX
OKX
Deribit
BloFin
Bitget
HTX
VestEWY 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% | −0.0032% | 1h | $524K | $278K | 20x | as long as short |
| Ondo Perps EWY-USD.Pshort | −0.011% | +0.0050% | 1h | $211K | $144K | 10x | |
| Lighter EWYlong | 0.000% | +0.0032% | 1h | $374K | $103K | 20x | |
| KuCoin EWYUSDTM | +0.005% | +0.0100% | 8h | $957K | $669K | 20x | as long as short |
| Polymarket Perps EWY-USD | +0.005% | +0.0050% | 1h | $4K | $23 | 20x | as long as short |
| Entropy io:EWY | +0.027% | +0.0050% | 1h | $45K | $45K | 25x | as long as short |
| Hotstuff EWY-PERP | +0.032% | +0.0072% | 1h | $28K | $10K | 20x | as long as short |
| edgeX EWYUSDC | +0.042% | +0.0842% | 4h | $422K | $269K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.048% | +0.0038% | 1h | $5.6M | $12.9M | 20x | as long as short |
| Gate EWY_USDT | +0.048% | 0.0000% | 8h | $3.3M | $2.2M | 50x | as long as short |