EWY

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.041%

7d average—if it closes, per $10,000$4funding while held, a day−$3.00

Long on Orderly Short on Variational Omni

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EWY_USDC_mythos	188.31	0.0100	pay 0.0100% / 8h	37m 09s	$1K	$2K	20x
Short	Variational Omni EWY	188.39	0	get 0.0000% / 8h	37m 09s	$1.3M	$1.0M	—

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 OrderlybpFee Variational OmnibpOrdersClose when spread is

Spread captured: $4.09
Funding while held: −$3
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$4.91
Spread needed to break even: 0.060%

Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0100%
Per $10,000 a day: −$3.00
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 Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 3 min ago	2.23 bp	doesn't fit	4.8 bp −$48	doesn't fit	doesn't fit

Orderly: 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
Hotstuff EWY-PERP	−0.122%	+0.0032%	1h	$28K	$10K	20x	as long as short
Polymarket Perps EWY-USD	−0.101%	+0.0050%	1h	$4K	$23	20x	as long as short
Coinbase International EWY-PERP-INTX	−0.085%	−0.0032%	1h	$524K	$278K	20x	as long as short
Lighter EWY	−0.080%	+0.0032%	1h	$373K	$103K	20x	as long as short
KuCoin EWYUSDTM	−0.080%	+0.0100%	8h	$959K	$673K	20x	as long as short
Entropy io:EWY	−0.064%	+0.0050%	1h	$45K	$45K	25x	as long as short
Ondo Perps EWY-USD.P	−0.058%	+0.0050%	1h	$212K	$143K	10x	as long as short
tradeXYZ xyz:EWY	−0.053%	+0.0048%	1h	$5.6M	$12.8M	20x	as long as short
ApeX Omni EWYUSDT	−0.053%	+0.0100%	1h	$13K	$257K	50x	as long as short
Paradex EWY-USD-PERP	−0.046%	+0.0050%	8h	$23	—	5x	as long as short

Show all 29 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Aster EWYUSDT	−0.045%	0.0000%	8h	$288K	$3K	20x	as long as short
Gate EWY_USDT	−0.042%	0.0000%	8h	$3.3M	$2.2M	50x	as long as short
SunX EWY-USDT	−0.032%	0.0000%	8h	—	$2.7M	20x	as long as short
Popdex EWYUSDT	−0.027%	+0.0048%	1h	$190K	$136K	20x	as long as short
Bybit EWYUSDT	−0.021%	0.0000%	8h	$5.6M	$3.0M	100x	as long as short
HTX EWY-USDT	−0.021%	0.0000%	8h	$36K	$8K	20x	as long as short
Binance EWYUSDT	−0.011%	0.0000%	8h	$28.2M	$63.9M	50x	as long as short
Bitget EWYUSDT	−0.011%	0.0000%	8h	$2.3M	$1.1M	20x	as long as short
SoDEX EWY-USD	−0.011%	+0.0050%	1h	$768	$3K	10x	as long as short
Extended EWY_24_5-USD	−0.006%	0.0000%	1h	$302K	$422K	10x	as long as short
OKX EWY-USDT-SWAP	0.000%	0.0000%	8h	$3.9M	$3.6M	50x	as long as short
MEXC EWY_USDT	0.000%	0.0000%	8h	$7.4M	$4.0M	100x	as long as short
Orderly PERP_EWY_USDC_mythoslong	0.000%	+0.0100%	8h	$1K	$2K	20x
Phemex EWYUSDT	0.000%	0.0000%	8h	$1.7M	$34K	10x	as long as short
Vest EWY-USD-PERP	+0.016%	+0.0046%	1h	—	$155K	25x	as long as short
Deribit EWY_USDC-PERPETUAL	+0.016%	+0.0016%	1h	$2K	$13K	20x	as long as short
BloFin EWY-USDT	+0.016%	−0.0002%	8h	$48K	$176K	50x	as long as short
edgeX EWYUSDC	+0.036%	+0.0195%	4h	$422K	$269K	20x	as long as short
Variational Omni EWYshort	+0.041%	0.0000%	8h	$1.3M	$1.0M	—

EWY