Settings8H · net · $10k
Funding arb · Price arb /

EWJ

RWAall EWJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.6% APRnext payment $0.23 per $10,000 · paid last 24h +0.097%
Price spread now: MEXC against BloFin+0.031%109s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. MEXC is 0.031% dearer against BloFin than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWJ-USDT97.7400.0023pay 0.0023% / 8h37m 26s$43K$68K20x
ShortMEXC EWJ_USDT97.7700get 0.0000% / 8h37m 26s$403K$104K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
−$4.91
Price spread: +0.031% → 0.000%
$3.07
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$13.84
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell MEXC live order book, 38 min ago1.02 bp7.0 bp −$714.9 bp −$14960.4 bp −$6,041155.5 bp −$77.7K
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 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
Gate EWJ_USDT−0.0128%8h97.720−0.020%$345K$194K25xas long as short
Aster EWJUSDT0.0000%8h97.690−0.051%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.760+0.020%$1.1M$866K20xas long as short
Bybit EWJUSDT0.0000%8h97.720−0.020%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.790+0.051%$297K$113K20xas long as short
MEXC EWJ_USDTshort0.0000%8h97.770+0.031%$403K$104K20x
Bitget EWJUSDT0.0000%8h97.750+0.010%$746K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.746+0.006%$110K$22Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.747+0.008%$626K$403K10xas long as short
SunX EWJ-USDT0.0000%8h97.726−0.014%$1K$1.4M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EWJ-USDT0.0000%8h97.614−0.129%$8K$37K20xas long as short
BloFin EWJ-USDTlong+0.0023%8h97.740long leg$43K$68K20x
tradeXYZ xyz:EWJ+0.0097%1h97.742+0.002%$1.5M$545K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.730−0.010%$150K$1.0M20xas long as short
Hotstuff EWJ-PERP+0.0224%1h97.7400.000%$34K20xas long as short
edgeX EWJUSDC+0.0451%4h97.750+0.010%$596K$232K20xas long as short