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

EWJ

RWAall EWJ markets
SwapBacktest
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 −0.001%
Price spread now: MEXC against Binance−0.016%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.327%−$33 · spread now −0.016%, 7d avg −0.018%
Together, before fees−0.328%−$33 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWJUSDT97.6550get 0.0000% / 8h7h 44m$1.1M$858K20x
ShortMEXC EWJ_USDT97.6400get 0.0000% / 8h7h 44m$403K$104K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.016% → −0.018%
$0.27
Slippage, 4 orders
−$30.6
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$40.32
Costs to cover
0.406%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 26 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, 3 min ago1.02 bp14.2 bp −$1451.8 bp −$518doesn't fitdoesn't fit
Sell MEXC live order book, 26 min ago0.51 bp4.9 bp −$515.3 bp −$15354.4 bp −$5,437137.8 bp −$68.9K

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
Hotstuff EWJ-PERP−0.0264%1h97.630−0.026%$34K20xas long as short
Aster EWJUSDT0.0000%8h97.718+0.064%$15K$96220xas long as short
Binance EWJUSDTlong0.0000%8h97.655long leg$1.1M$858K20x
Bybit EWJUSDT0.0000%8h97.650−0.005%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.670+0.015%$296K$113K20xas long as short
Gate EWJ_USDT0.0000%8h97.630−0.026%$341K$178K25xas long as short
MEXC EWJ_USDTshort0.0000%8h97.640−0.016%$403K$104K20x
Bitget EWJUSDT0.0000%8h97.630−0.026%$741K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.623−0.033%$109K$23Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.682+0.028%$627K$405K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.581−0.076%$1K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.757+0.104%$8K$38K20xas long as short
BloFin EWJ-USDT+0.0015%8h97.670+0.015%$43K$68K20xas long as short
tradeXYZ xyz:EWJ+0.0090%1h97.631−0.025%$1.4M$545K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.630−0.026%$150K$1.0M20xas long as short
edgeX EWJUSDC+0.0464%4h97.677+0.023%$595K$233K20xas long as short