After costs, if the gap returns to its 7d average, $10k−$102
spread now−0.101%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 | Phemex EWYUSDT | 188.61 | 0 | get 0.0000% / 8h | 24m 53s | $1.7M | $34K | 10x |
| Short | Lighter EWY | 188.42 | 0.0032 | get 0.0004% / 1h | 24m 53s | $374K | $103K | 20x |
Phemex EWYUSDT
Lighter EWYPrice 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
- −$10.07
- Funding while held
- $0.96
- Slippage, 4 orders
- −$87.42
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$108.53
- Spread needed to break even
- 0.994%
Slippage from Phemex: live order book, 5 min ago; Lighter: live order book, 17 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 Phemex live order book, 5 min ago | 1.06 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 17 min ago | 3.19 bp | 4.8 bp −$5 | 13.3 bp −$133 | 51.4 bp −$5,137 | doesn't fit |
EWY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International188.09cheapestedgeX188.22+0.070%Entropy188.38+0.154%Polymarket Perps188.38+0.154%Ondo Perps188.41+0.170%
Coinbase International
Entropy
Polymarket Perps
Ondo PerpsLighter188.42+0.175%
KuCoin188.46+0.197%tradeXYZ188.48+0.207%Hotstuff188.48+0.207%Gate188.50+0.218%Paradex188.52+0.226%Extended188.54+0.241%Aster188.55+0.244%Variational Omni188.55+0.244%Popdex188.56+0.250%ApeX Omni188.56+0.250%SoDEX188.56+0.250%Bybit188.57+0.255%Orderly188.58+0.261%MEXC188.59+0.266%SunX188.59+0.266%HTX188.59+0.266%Binance188.60+0.270%Bitget188.60+0.271%Vest188.60+0.271%OKX188.61+0.276%
KuCoin
tradeXYZ
Hotstuff
Gate
Paradex
Extended
Aster
Variational Omni
Popdex
ApeX Omni
SoDEX
Bybit
Orderly
MEXC
SunX
HTX
Binance
Bitget
Vest
OKXPhemex188.61+0.276%
BloFin188.61+0.276%Deribit188.66+0.303%
BloFin
DeribitEWY 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 | −0.276% | −0.0032% | 1h | $524K | $278K | 20x | as long as short |
| edgeX EWYUSDC | −0.206% | +0.0436% | 4h | $422K | $269K | 20x | as long as short |
| Entropy io:EWY | −0.122% | +0.0050% | 1h | $45K | $45K | 25x | as long as short |
| Polymarket Perps EWY-USD | −0.122% | +0.0050% | 1h | $4K | $23 | 20x | as long as short |
| Ondo Perps EWY-USD.P | −0.106% | +0.0050% | 1h | $211K | $144K | 10x | as long as short |
| Lighter EWYshort | −0.101% | +0.0032% | 1h | $374K | $103K | 20x | |
| KuCoin EWYUSDTM | −0.080% | +0.0100% | 8h | $958K | $668K | 20x | as long as short |
| tradeXYZ xyz:EWY | −0.069% | +0.0039% | 1h | $5.6M | $12.9M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.069% | +0.0112% | 1h | $28K | $10K | 20x | as long as short |
| Gate EWY_USDT | −0.058% | 0.0000% | 8h | $3.3M | $2.2M | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex EWY-USD-PERP | −0.050% | +0.0050% | 8h | $23 | — | 5x | as long as short |
| Extended EWY_24_5-USD | −0.035% | 0.0000% | 1h | $302K | $422K | 10x | as long as short |
| Aster EWYUSDT | −0.033% | 0.0000% | 8h | $288K | $3K | 20x | as long as short |
| Variational Omni EWY | −0.032% | 0.0000% | 8h | $1.3M | $1.0M | — | as long as short |
| Popdex EWYUSDT | −0.027% | +0.0048% | 1h | $191K | $136K | 20x | as long as short |
| ApeX Omni EWYUSDT | −0.027% | +0.0100% | 1h | $13K | $257K | 50x | as long as short |
| SoDEX EWY-USD | −0.027% | +0.0050% | 1h | $763 | $3K | 10x | as long as short |
| Bybit EWYUSDT | −0.021% | 0.0000% | 8h | $5.6M | $3.0M | 100x | as long as short |
| Orderly PERP_EWY_USDC_mythos | −0.016% | +0.0100% | 8h | $1K | $2K | 20x | as long as short |
| MEXC EWY_USDT | −0.011% | 0.0000% | 8h | $7.5M | $4.0M | 100x | as long as short |
| SunX EWY-USDT | −0.011% | 0.0000% | 8h | — | $2.7M | 20x | as long as short |
| HTX EWY-USDT | −0.011% | 0.0000% | 8h | $36K | $8K | 20x | as long as short |
| Binance EWYUSDT | −0.007% | 0.0000% | 8h | $28.3M | $64.4M | 50x | as long as short |
| Bitget EWYUSDT | −0.005% | 0.0000% | 8h | $2.3M | $1.1M | 20x | as long as short |
| Vest EWY-USD-PERP | −0.005% | +0.0046% | 1h | — | $163K | 25x | as long as short |
| OKX EWY-USDT-SWAP | 0.000% | 0.0000% | 8h | $3.9M | $3.6M | 50x | as long as short |
| Phemex EWYUSDTlong | 0.000% | 0.0000% | 8h | $1.7M | $34K | 10x | |
| BloFin EWY-USDT | 0.000% | +0.0009% | 8h | $49K | $181K | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.027% | +0.0121% | 1h | $2K | $13K | 20x | as long as short |