Funding arb · Price arb /

EWJ

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.055%

Price spread now: SunX against Aster+0.073%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.073% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster EWJUSDT	98.336	0	get 0.0000% / 8h	4h 51m	$18K	$4K	20x
Short	SunX EWJ-USDT	98.408	0	get 0.0000% / 8h	4h 51m	$2K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee SunXbpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → 0.000%: $7.35
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$8.65
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; SunX: live order book, 7 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell SunX live order book, 7 min ago	500.00 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Aster: 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.

EWJ on 16 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EWJUSDC	−0.0884%	4h	98.462	+0.129%	$600K	$232K	20x	as long as short
Aster EWJUSDTlong	0.0000%	8h	98.336	long leg	$18K	$4K	20x
Bybit EWJUSDT	0.0000%	8h	98.380	+0.045%	$188K	$103K	25x	as long as short
OKX EWJ-USDT-SWAP	0.0000%	8h	98.420	+0.086%	$299K	$125K	20x	as long as short
Gate EWJ_USDT	0.0000%	8h	98.390	+0.055%	$350K	$218K	25x	as long as short
Bitget EWJUSDT	0.0000%	8h	98.400	+0.065%	$739K	$200K	20x	as long as short
Variational Omni EWJ	0.0000%	8h	98.469	+0.135%	$117K	$30K	—	as long as short
SunX EWJ-USDTshort	0.0000%	8h	98.408	+0.073%	$2K	$1.5M	20x
HTX EWJ-USDT	0.0000%	8h	98.248	−0.089%	$8K	$38K	20x	as long as short
BloFin EWJ-USDT	+0.0010%	8h	98.430	+0.096%	$44K	$69K	20x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EWJ_USDT	+0.0069%	8h	98.390	+0.055%	$687K	$272K	20x	as long as short
Binance EWJUSDT	+0.0072%	8h	98.420	+0.086%	$1.1M	$1.1M	20x	as long as short
KuCoin EWJUSDTM	+0.0100%	8h	98.410	+0.075%	$160K	$1.1M	20x	as long as short
tradeXYZ xyz:EWJ	+0.0227%	1h	98.406	+0.071%	$1.5M	$664K	20x	as long as short
Hotstuff EWJ-PERP	+0.0712%	1h	98.450	+0.116%	$35K	—	20x	as long as short
GRVT EWJ_USDT_Perp	+0.0738%	8h	98.459	+0.126%	$631K	$420K	10x	as long as short