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−0.0084%/8h= −9.2% APRnext payment $0.84 per $10,000 · paid last 24h −0.098%
Price spread now: SunX against Binance−0.057%7-day average −0.052% · 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−0.138%−$14 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.057%, 7d avg −0.052%
Together, before fees−0.097%−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EWJUSDT98.4080.0084pay 0.0084% / 8h4h 47m$1.1M$1.1M20x
ShortSunX EWJ-USDT98.3520get 0.0000% / 8h4h 47m$1K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$17.62
Price spread: −0.057% → −0.052%
−$0.48
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$36.1
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; SunX: live order book, 11 min ago. 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, 8 min ago1.01 bp15.3 bp −$1551.3 bp −$513doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago500.00 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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
edgeX EWJUSDC−0.0198%4h98.428+0.020%$600K$233K20xas long as short
Aster EWJUSDT0.0000%8h98.286−0.124%$18K$4K20xas long as short
Bybit EWJUSDT0.0000%8h98.340−0.069%$188K$103K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h98.420+0.012%$299K$125K20xas long as short
Gate EWJ_USDT0.0000%8h98.380−0.029%$350K$219K25xas long as short
Bitget EWJUSDT0.0000%8h98.340−0.069%$739K$203K20xas long as short
SunX EWJ-USDTshort0.0000%8h98.352−0.057%$1K$1.5M20x
HTX EWJ-USDT0.0000%8h98.255−0.156%$8K$38K20xas long as short
Variational Omni EWJ+0.0006%8h98.434+0.026%$117K$30Kas long as short
BloFin EWJ-USDT+0.0021%8h98.410+0.002%$44K$69K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWJ_USDT+0.0081%8h98.370−0.039%$686K$272K20xas long as short
Binance EWJUSDTlong+0.0084%8h98.408long leg$1.1M$1.1M20x
KuCoin EWJUSDTM+0.0100%8h98.410+0.002%$160K$1.1M20xas long as short
tradeXYZ xyz:EWJ+0.0205%1h98.385−0.024%$1.5M$664K20xas long as short
Hotstuff EWJ-PERP+0.0712%1h98.450+0.042%$35K20xas long as short
GRVT EWJ_USDT_Perp+0.0737%8h98.448+0.040%$631K$419K10xas long as short