EWJ

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.119%

Price spread now: GRVT against BloFin−0.068%102s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.068% cheaper against BloFin than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 9.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.207% in total) that is about 2.3 days. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EWJ-USDT	98.520	−0.0024	get 0.0024% / 8h	6h 01m	$44K	$69K	20x
Short	GRVT EWJ_USDT_Perp	98.453	0	get 0.0000% / 8h	6h 01m	$631K	$427K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee GRVTbpOrdersPrice spread, now −0.068%Rate

Funding earned: $5
Price spread: −0.068% → 0.000%: −$6.76
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$22.76
Costs to cover: 0.210%
Break-even: 38.9 days

Slippage unknown: BloFin: no order-book sample; GRVT: live order book, 49 min ago. Net counts fees only.

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 BloFin no order-book sample	—	—	—	—	—
Sell GRVT live order book, 49 min ago	2.55 bp	22.9 bp −$23	71.9 bp −$719	doesn't fit	doesn't fit

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EWJ on 16 exchanges

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
Hotstuff EWJ-PERP	−3.9016%	1h	98.530	+0.010%	$34K	—	20x	as long as short
edgeX EWJUSDC	−0.0287%	4h	98.496	−0.024%	$600K	$233K	20x	as long as short
BloFin EWJ-USDTlong	−0.0024%	8h	98.520	long leg	$44K	$69K	20x
Aster EWJUSDT	0.0000%	8h	98.249	−0.275%	$15K	$1K	20x	as long as short
Binance EWJUSDT	0.0000%	8h	98.491	−0.030%	$1.1M	$1.1M	20x	as long as short
Bybit EWJUSDT	0.0000%	8h	98.410	−0.112%	$220K	$65K	25x	as long as short
OKX EWJ-USDT-SWAP	0.0000%	8h	98.510	−0.010%	$300K	$127K	20x	as long as short
Gate EWJ_USDT	0.0000%	8h	98.410	−0.112%	$356K	$213K	25x	as long as short
MEXC EWJ_USDT	0.0000%	8h	98.430	−0.091%	$979K	$229K	20x	as long as short
Bitget EWJUSDT	0.0000%	8h	98.450	−0.071%	$742K	$193K	20x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni EWJ	0.0000%	8h	98.497	−0.023%	$117K	$30K	—	as long as short
GRVT EWJ_USDT_Perpshort	0.0000%	8h	98.453	−0.068%	$631K	$427K	10x
SunX EWJ-USDT	0.0000%	8h	98.450	−0.071%	$2K	$1.5M	20x	as long as short
HTX EWJ-USDT	0.0000%	8h	98.363	−0.159%	$8K	$37K	20x	as long as short
tradeXYZ xyz:EWJ	+0.0064%	1h	98.439	−0.082%	$1.5M	$672K	20x	as long as short
KuCoin EWJUSDTM	+0.0100%	8h	98.350	−0.173%	$159K	$1.1M	20x	as long as short