Settings8H · net · $10k
Funding arb · Price arb /

EWJ

RWAall EWJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0016%/8h= −1.7% APRnext payment $0.16 per $10,000 · paid last 24h −0.096%
Price spread now: BloFin against Binance−0.010%51s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.144%−$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWJUSDT98.5300get 0.0000% / 8h5h 28m$1.1M$1.1M20x
ShortBloFin EWJ-USDT98.520−0.0016pay 0.0016% / 8h5h 28m$44K$69K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Funding earned
−$3.31
Price spread: −0.010% → 0.000%
−$1.01
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$26.33
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 12 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago1.01 bp12.0 bp −$1242.1 bp −$421doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWJ-PERP−8.0000%1h98.510−0.020%$34K20xas long as short
BloFin EWJ-USDTshort−0.0016%8h98.520−0.010%$44K$69K20x
Aster EWJUSDT0.0000%8h98.484−0.047%$18K$4K20xas long as short
Binance EWJUSDTlong0.0000%8h98.530long leg$1.1M$1.1M20x
Bybit EWJUSDT0.0000%8h98.460−0.071%$219K$67K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h98.580+0.051%$300K$127K20xas long as short
Gate EWJ_USDT0.0000%8h98.460−0.071%$357K$216K25xas long as short
MEXC EWJ_USDT0.0000%8h98.490−0.041%$815K$255K20xas long as short
Bitget EWJUSDT0.0000%8h98.390−0.142%$739K$198K20xas long as short
Variational Omni EWJ0.0000%8h98.482−0.049%$117K$30Kas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h98.464−0.067%$2K$1.5M20xas long as short
HTX EWJ-USDT0.0000%8h98.323−0.210%$8K$38K20xas long as short
KuCoin EWJUSDTM+0.0100%8h98.430−0.101%$160K$1.1M20xas long as short
tradeXYZ xyz:EWJ+0.0215%1h98.509−0.021%$1.5M$672K20xas long as short
GRVT EWJ_USDT_Perp+0.0356%8h98.487−0.044%$631K$424K10xas long as short
edgeX EWJUSDC+0.0970%4h98.482−0.049%$600K$234K20xas long as short