Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.051%
Price spread now: KuCoin against Bitget−0.051%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$411as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4334.332% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.051%, 7d avg −0.034%
=The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EWJUSDT | 98.170 | 0 | get 0.0000% / 8h | 6h 55m | $740K | $142K | 20x |
| Short | KuCoin EWJUSDTM | 98.120 | 0.0100 | get 0.0100% / 8h | 6h 55m | $151K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.051% → −0.034%
- −$1.7
- Slippage, 4 orders
- −$409.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$413.91
- Costs to cover
- 4.332%
- Break-even
- 145.0 days
Slippage from Bitget: live order book, 35 min ago; KuCoin: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 35 min ago | 0.51 bp | 16.7 bp −$17 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 3.56 bp | 227.3 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
EWJ on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EWJUSDC | −0.0575% | 4h | 98.190 | +0.020% | $599K | $232K | 20x | as long as short |
| BloFin EWJ-USDT | −0.0030% | 8h | 98.170 | 0.000% | $43K | $68K | 20x | as long as short |
| Aster EWJUSDT | 0.0000% | 8h | 98.107 | −0.064% | $15K | $1K | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 98.170 | 0.000% | $1.1M | $902K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 98.130 | −0.041% | $213K | $59K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 98.150 | −0.020% | $297K | $114K | 20x | as long as short |
| Gate EWJ_USDT | 0.0000% | 8h | 98.140 | −0.031% | $346K | $180K | 25x | as long as short |
| MEXC EWJ_USDT | 0.0000% | 8h | 98.170 | 0.000% | $906K | $187K | 20x | as long as short |
| Bitget EWJUSDTlong | 0.0000% | 8h | 98.170 | long leg | $740K | $142K | 20x | |
| Variational Omni EWJ | 0.0000% | 8h | 98.211 | +0.042% | $117K | $30K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWJ_USDT_Perp | 0.0000% | 8h | 98.204 | +0.034% | $629K | $425K | 10x | as long as short |
| SunX EWJ-USDT | 0.0000% | 8h | 98.165 | −0.005% | $1K | $1.4M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 98.088 | −0.084% | $8K | $38K | 20x | as long as short |
| KuCoin EWJUSDTMshort | +0.0100% | 8h | 98.120 | −0.051% | $151K | $1.0M | 20x | |
| tradeXYZ xyz:EWJ | +0.0192% | 1h | 98.189 | +0.019% | $1.5M | $562K | 20x | as long as short |
| Hotstuff EWJ-PERP | +0.0440% | 1h | 98.170 | 0.000% | $34K | — | 20x | as long as short |
Bitget EWJUSDT
KuCoin EWJUSDTM
edgeX EWJUSDC
BloFin EWJ-USDT
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
Gate EWJ_USDT
MEXC EWJ_USDT
Variational Omni EWJ
GRVT EWJ_USDT_Perp
SunX EWJ-USDT
HTX EWJ-USDT
tradeXYZ xyz:EWJ