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

EWJ

RWAall EWJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.098%
Price spread now: Gate against Binance−0.071%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$850.850% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.204%−$20 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.071%, 7d avg −0.056%
Together, before fees−0.321%−$32 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWJUSDT97.9100get 0.0000% / 8h1h 58m$1.1M$847K20x
ShortGate EWJ_USDT97.8400get 0.0000% / 8h1h 58m$347K$191K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.071% → −0.056%
−$1.58
Slippage, 4 orders
−$60.02
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$86.6
Costs to cover
0.850%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 47 min ago.

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, 4 min ago1.53 bp15.1 bp −$1554.8 bp −$548doesn't fitdoesn't fit
Sell Gate live order book, 47 min ago7.67 bp35.5 bp −$36doesn't fitdoesn't fitdoesn't fit

EWJ on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EWJUSDC−0.0281%4h97.960+0.051%$597K$233K20xas long as short
Aster EWJUSDT0.0000%8h97.875−0.036%$15K$96220xas long as short
Binance EWJUSDTlong0.0000%8h97.910long leg$1.1M$847K20x
Bybit EWJUSDT0.0000%8h97.840−0.071%$192K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.870−0.041%$297K$113K20xas long as short
Gate EWJ_USDTshort0.0000%8h97.840−0.071%$347K$191K25x
MEXC EWJ_USDT0.0000%8h97.900−0.010%$272K$87K20xas long as short
Bitget EWJUSDT0.0000%8h97.840−0.071%$748K$144K20xas long as short
Variational Omni EWJ0.0000%8h97.802−0.110%$110K$22Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.756−0.157%$627K$397K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.782−0.131%$1K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.720−0.194%$8K$37K20xas long as short
BloFin EWJ-USDT+0.0023%8h97.800−0.112%$43K$68K20xas long as short
tradeXYZ xyz:EWJ+0.0083%1h97.917+0.007%$1.5M$549K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.870−0.041%$151K$980K20xas long as short
Hotstuff EWJ-PERP+0.0304%1h97.880−0.031%$34K20xas long as short