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 −0.017%
Price spread now: Gate against Bitget−0.020%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1461.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.020%, 7d avg −0.024%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWJUSDT97.6100get 0.0000% / 8h7h 39m$739K$143K20x
ShortGate EWJ_USDT97.5900get 0.0000% / 8h7h 39m$341K$178K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: −0.020% → −0.024%
$0.4
Slippage, 4 orders
−$119.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$145.75
Costs to cover
1.461%
Break-even
never at this rate
Slippage from Bitget: live order book, 56 min ago; Gate: live order book, 56 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 Bitget live order book, 56 min ago5.12 bp16.9 bp −$1747.5 bp −$475doesn't fitdoesn't fit
Sell Gate live order book, 56 min ago9.21 bp72.3 bp −$72doesn'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
Hotstuff EWJ-PERP−0.0208%1h97.580−0.031%$34K20xas long as short
BloFin EWJ-USDT−0.0028%8h97.630+0.020%$43K$68K20xas long as short
Aster EWJUSDT0.0000%8h97.693+0.085%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.6100.000%$1.1M$860K20xas long as short
Bybit EWJUSDT0.0000%8h97.620+0.010%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.670+0.061%$296K$113K20xas long as short
Gate EWJ_USDTshort0.0000%8h97.590−0.020%$341K$178K25x
MEXC EWJ_USDT0.0000%8h97.600−0.010%$403K$104K20xas long as short
Bitget EWJUSDTlong0.0000%8h97.610long leg$739K$143K20x
Variational Omni EWJ0.0000%8h97.584−0.027%$109K$23Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT EWJ_USDT_Perp0.0000%8h97.630+0.020%$626K$406K10xas long as short
SunX EWJ-USDT0.0000%8h97.540−0.072%$1K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.475−0.138%$8K$38K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.590−0.020%$150K$1.0M20xas long as short
tradeXYZ xyz:EWJ+0.0101%1h97.6100.000%$1.4M$545K20xas long as short
edgeX EWJUSDC+0.0181%4h97.587−0.023%$595K$232K20xas long as short