Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day−$0.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps EWY-USD | 188.81 | 0.0050 | pay 0.0006% / 1h | 34m 45s | $4K | $23 | 20x |
| Short | Lighter EWY | 188.81 | 0.0032 | get 0.0004% / 1h | 34m 45s | $375K | $101K | 20x |
Polymarket Perps EWY-USD
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
- $0
- Funding while held
- −$0.54
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.54
- Spread needed to break even
- 0.080%
Slippage unknown: Polymarket Perps: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.54
- 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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 3.44 bp | 5.0 bp −$5 | 10.4 bp −$104 | 44.5 bp −$4,450 | doesn't fit |
Polymarket 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.Hotstuff188.80cheapest
HotstuffLighter188.81+0.005%
Polymarket Perps188.81+0.005%
KuCoin188.82+0.011%tradeXYZ188.89+0.048%Ondo Perps188.89+0.048%Gate188.89+0.048%Coinbase International188.89+0.048%Entropy188.91+0.058%MEXC188.92+0.064%Binance188.93+0.069%Bybit188.93+0.069%SoDEX188.93+0.069%Phemex188.93+0.069%Bitget188.94+0.074%ApeX Omni188.94+0.074%HTX188.94+0.074%Paradex188.94+0.077%Aster188.95+0.077%Variational Omni188.95+0.079%Extended188.95+0.080%SunX188.96+0.085%BloFin188.96+0.085%OKX188.97+0.090%Popdex188.97+0.090%Orderly188.98+0.095%edgeX188.99+0.101%Deribit189.01+0.111%Vest189.02+0.117%
KuCoin
tradeXYZ
Ondo Perps
Gate
Coinbase International
Entropy
MEXC
Binance
Bybit
SoDEX
Phemex
Bitget
ApeX Omni
HTX
Paradex
Aster
Variational Omni
Extended
SunX
BloFin
OKX
Popdex
Orderly
Deribit
VestEWY on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff EWY-PERP | −0.005% | +0.0016% | 1h | $28K | $10K | 20x | as long as short |
| Lighter EWYshort | 0.000% | +0.0032% | 1h | $375K | $101K | 20x | |
| Polymarket Perps EWY-USDlong | 0.000% | +0.0050% | 1h | $4K | $23 | 20x | |
| KuCoin EWYUSDTM | +0.005% | +0.0100% | 8h | $959K | $682K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.042% | +0.0020% | 1h | $6.0M | $13.4M | 20x | as long as short |
| Ondo Perps EWY-USD.P | +0.042% | +0.0050% | 1h | $207K | $150K | 10x | as long as short |
| Gate EWY_USDT | +0.042% | 0.0000% | 8h | $3.2M | $2.4M | 50x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.042% | −0.0024% | 1h | $525K | $286K | 20x | as long as short |
| Entropy io:EWY | +0.053% | +0.0050% | 1h | $46K | $37K | 25x | as long as short |
| MEXC EWY_USDT | +0.058% | 0.0000% | 8h | $7.1M | $4.1M | 100x | as long as short |