After costs, if the gap returns to its 7d average, $10k−$98
spread now+0.085%7d average+0.073%fees + slippage, in and out−$99spread needed0.994%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EWY | 188.34 | 0.0032 | pay 0.0004% / 1h | 25m 22s | $374K | $103K | 20x |
| Short | Phemex EWYUSDT | 188.50 | 0 | get 0.0000% / 8h | 25m 22s | $1.7M | $34K | 10x |
Lighter EWY
Phemex 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
- $8.5
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$87.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$91.88
- Spread needed to break even
- 0.994%
Slippage from Lighter: live order book, 16 min ago; Phemex: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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, 16 min ago | 3.19 bp | 5.2 bp −$5 | 14.2 bp −$142 | 45.5 bp −$4,545 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.06 bp | 51.1 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
EWY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International188.09cheapestedgeX188.22+0.070%Variational Omni188.25+0.084%
Coinbase International
Variational OmniLighter188.34+0.133%
KuCoin188.36+0.144%Entropy188.38+0.154%Polymarket Perps188.38+0.154%Ondo Perps188.41+0.170%Gate188.43+0.181%Aster188.44+0.185%SoDEX188.45+0.191%tradeXYZ188.46+0.197%Hotstuff188.48+0.207%Deribit188.48+0.207%SunX188.49+0.213%Extended188.49+0.214%Orderly188.50+0.218%
KuCoin
Entropy
Polymarket Perps
Ondo Perps
Gate
Aster
SoDEX
tradeXYZ
Hotstuff
Deribit
SunX
Extended
OrderlyPhemex188.50+0.218%
Bybit188.51+0.223%Paradex188.52+0.226%BloFin188.52+0.229%Binance188.54+0.237%OKX188.54+0.239%MEXC188.55+0.245%Bitget188.55+0.245%Popdex188.56+0.250%ApeX Omni188.56+0.250%HTX188.59+0.266%Vest188.60+0.271%
Bybit
Paradex
BloFin
Binance
OKX
MEXC
Bitget
Popdex
ApeX Omni
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 | −0.133% | −0.0032% | 1h | $524K | $278K | 20x | as long as short |
| edgeX EWYUSDC | −0.063% | +0.0436% | 4h | $422K | $269K | 20x | as long as short |
| Variational Omni EWY | −0.049% | 0.0000% | 8h | $1.3M | $1.0M | — | as long as short |
| Lighter EWYlong | 0.000% | +0.0032% | 1h | $374K | $103K | 20x | |
| KuCoin EWYUSDTM | +0.011% | +0.0100% | 8h | $957K | $668K | 20x | as long as short |
| Entropy io:EWY | +0.021% | +0.0050% | 1h | $45K | $45K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.021% | +0.0050% | 1h | $4K | $23 | 20x | as long as short |
| Ondo Perps EWY-USD.P | +0.037% | +0.0050% | 1h | $211K | $144K | 10x | as long as short |
| Gate EWY_USDT | +0.048% | 0.0000% | 8h | $3.3M | $2.2M | 50x | as long as short |
| Aster EWYUSDT | +0.052% | 0.0000% | 8h | $288K | $3K | 20x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX EWY-USD | +0.058% | +0.0050% | 1h | $760 | $3K | 10x | as long as short |
| tradeXYZ xyz:EWY | +0.064% | +0.0039% | 1h | $5.6M | $12.9M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.074% | +0.0112% | 1h | $28K | $10K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.074% | +0.0015% | 1h | $2K | $13K | 20x | as long as short |
| SunX EWY-USDT | +0.080% | 0.0000% | 8h | — | $2.7M | 20x | as long as short |
| Extended EWY_24_5-USD | +0.081% | 0.0000% | 1h | $302K | $422K | 10x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.085% | +0.0100% | 8h | $1K | $2K | 20x | as long as short |
| Phemex EWYUSDTshort | +0.085% | 0.0000% | 8h | $1.7M | $34K | 10x | |
| Bybit EWYUSDT | +0.090% | 0.0000% | 8h | $5.6M | $3.0M | 100x | as long as short |
| Paradex EWY-USD-PERP | +0.093% | +0.0050% | 8h | $23 | — | 5x | as long as short |
| BloFin EWY-USDT | +0.096% | −0.0025% | 8h | $49K | $180K | 50x | as long as short |
| Binance EWYUSDT | +0.104% | 0.0000% | 8h | $28.3M | $64.4M | 50x | as long as short |
| OKX EWY-USDT-SWAP | +0.106% | 0.0000% | 8h | $3.9M | $3.6M | 50x | as long as short |
| MEXC EWY_USDT | +0.112% | 0.0000% | 8h | $7.5M | $4.0M | 100x | as long as short |
| Bitget EWYUSDT | +0.112% | 0.0000% | 8h | $2.3M | $1.1M | 20x | as long as short |
| Popdex EWYUSDT | +0.117% | +0.0048% | 1h | $191K | $136K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.117% | +0.0100% | 1h | $13K | $257K | 50x | as long as short |
| HTX EWY-USDT | +0.133% | 0.0000% | 8h | $36K | $8K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.138% | +0.0046% | 1h | — | $163K | 25x | as long as short |