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 0.000%
Price spread now: OKX against Bitget+0.020%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$930.932% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.020%, 7d avg +0.006%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EWJUSDT98.4000get 0.0000% / 8h4h 50m$739K$200K20x
ShortOKX EWJ-USDT-SWAP98.4200get 0.0000% / 8h4h 50m$299K$125K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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% → +0.006%
$1.48
Slippage, 4 orders
−$71.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$91.74
Costs to cover
0.932%
Break-even
never at this rate
Slippage from Bitget: live order book, 53 min ago; OKX: live order book, 52 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, 53 min ago4.06 bp19.0 bp −$1943.3 bp −$433doesn't fitdoesn't fit
Sell OKX live order book, 52 min ago5.07 bp29.9 bp −$30doesn'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−0.0884%4h98.462+0.064%$600K$232K20xas long as short
Aster EWJUSDT0.0000%8h98.317−0.085%$18K$4K20xas long as short
Bybit EWJUSDT0.0000%8h98.380−0.020%$188K$103K25xas long as short
OKX EWJ-USDT-SWAPshort0.0000%8h98.420+0.020%$299K$125K20x
Gate EWJ_USDT0.0000%8h98.410+0.010%$350K$218K25xas long as short
Bitget EWJUSDTlong0.0000%8h98.400long leg$739K$200K20x
Variational Omni EWJ0.0000%8h98.469+0.070%$117K$30Kas long as short
SunX EWJ-USDT0.0000%8h98.408+0.008%$2K$1.5M20xas long as short
HTX EWJ-USDT0.0000%8h98.248−0.154%$8K$38K20xas long as short
BloFin EWJ-USDT+0.0010%8h98.430+0.030%$44K$69K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EWJ_USDT+0.0069%8h98.390−0.010%$687K$272K20xas long as short
Binance EWJUSDT+0.0076%8h98.420+0.020%$1.1M$1.1M20xas long as short
KuCoin EWJUSDTM+0.0100%8h98.420+0.020%$160K$1.1M20xas long as short
tradeXYZ xyz:EWJ+0.0217%1h98.406+0.006%$1.5M$664K20xas long as short
Hotstuff EWJ-PERP+0.0712%1h98.450+0.051%$35K20xas long as short
GRVT EWJ_USDT_Perp+0.0738%8h98.459+0.060%$631K$420K10xas long as short