EWJ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSIEWJ2USD-USDT	99.320	+0.0064	pay 0.0064% / 8h	54m 43s	$908K	$1.7M	—	Long BingX
SHORT	BinanceEWJUSDT	99.315	+0.0345	get 0.0345% / 8h	54m 43s	$1.2M	$830K	20x	Short Binance

Price gap−0.005%

Funding gap+0.0281% /8h

Funding trade: +$8 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$13+0.0281% /8h now · paid +0.127% over the last 7D

Price+$1spread −0.005% now, avg −0.012% → +0.007% if it goes back

Costs−$280.280% of $10k · taker + slippage, in and out

Result−$15−0.15%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.127% in total, about +0.0060%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.005%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

EWJ on 17 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

OK: Fits both order books6.9 / 4.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage— + $500
BingX —, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$8.44Long BingX: 3 payments, −$1.92; short Binance: 3 payments, +$10.36.
Note: Gap at its usual level−0.005% vs −0.012%
The price leg adds little either way.
Watch: Long leg is thinner$908K vs $1.2M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Binance Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0060%/8h × 21 periods+$12.67

Price spread−0.005% → −0.012% (7d avg)+$0.71

Slippage, 4 orderslive order books−$10.01

Fee BingX bp × 2 orders−$10.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$14.63

Costs to cover0.280%Break-even15.1 days

Slippage: BingX: live order book, 13 min ago; Binance: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX0.506.9 bp−$711.7 bp−$117103.3 bp−$10.3K593.9 bp−$297.0K

SELL · SHORTBinance0.504.5 bp−$552.3 bp−$523doesn’t fitdoesn’t fit

Closing costs about the same again.

EWJ