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

EWJ

RWAall EWJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0065%/8h= +7.2% APRnext payment +$0.65 per $10,000 · paid last 24h +0.084%
Price spread now: Variational Omni against BloFin−0.084%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.084% cheaper against BloFin than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 4.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EWJ-USDT98.3800.0000get 0.0000% / 8h4h 08m$44K$69K20x
ShortVariational Omni EWJ98.2970.0065get 0.0065% / 8h4h 08m$117K$30K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$13.73
Price spread: −0.084% → 0.000%
−$8.44
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$6.71
Costs to cover
0.120%
Break-even
10.4 days
Slippage unknown: BloFin: no order-book sample; Variational Omni: RFQ quote, 33 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 Variational Omni RFQ quote, 33 min ago5.08 bpdoesn't fit71.4 bp −$714doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EWJUSDC−0.0067%4h98.352−0.028%$600K$232K20xas long as short
BloFin EWJ-USDTlong0.0000%8h98.380long leg$44K$69K20x
Aster EWJUSDT0.0000%8h98.279−0.103%$18K$4K20xas long as short
Bybit EWJUSDT0.0000%8h98.360−0.020%$187K$104K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h98.390+0.010%$299K$125K20xas long as short
Gate EWJ_USDT0.0000%8h98.300−0.081%$350K$221K25xas long as short
Bitget EWJUSDT0.0000%8h98.340−0.041%$739K$206K20xas long as short
SunX EWJ-USDT0.0000%8h98.253−0.129%$2K$1.5M20xas long as short
HTX EWJ-USDT0.0000%8h98.211−0.172%$8K$38K20xas long as short
tradeXYZ xyz:EWJ+0.0050%1h98.334−0.047%$1.5M$651K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWJshort+0.0065%8h98.297−0.084%$117K$30K
KuCoin EWJUSDTM+0.0100%8h98.340−0.041%$160K$1.2M20xas long as short
Hotstuff EWJ-PERP+0.0120%1h98.370−0.010%$35K20xas long as short
MEXC EWJ_USDT+0.0128%8h98.320−0.061%$686K$274K20xas long as short
Binance EWJUSDT+0.0128%8h98.321−0.060%$1.1M$1.1M20xas long as short
GRVT EWJ_USDT_Perp+0.0616%8h98.328−0.053%$630K$419K10xas long as short