Funding you earn now, next payment 08:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h −0.073%
Price spread now: Bitget against edgeX+0.053%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.053%, 7d avg −0.024%
=Together, before fees−0.311%+ Points / potential airdropedgeX: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Bitget is 0.077% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.024%. Mind the row above: over the last 7 days funding on this pair cost −0.248%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.248% in total (about -12.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EWJUSDC | 97.668 | −0.0660 | get 0.0330% / 4h | 23m 33s | $595K | $232K | 20x |
| Short | Bitget EWJUSDT | 97.720 | 0 | get 0.0000% / 8h | 23m 33s | $746K | $142K | 20x |
edgeX EWJUSDC
Bitget EWJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $138.63
- Price spread: +0.053% → −0.024%
- $7.71
- Slippage, 4 orders
- −$37.3
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $88.04
- Costs to cover
- 0.583%
- Break-even
- 2.6 days
Slippage from edgeX: live order book, 15 min ago; Bitget: live order book, 12 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 edgeX live order book, 15 min ago | 6.65 bp | 11.7 bp −$12 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 12 min ago | 5.12 bp | 17.9 bp −$18 | 45.2 bp −$452 | 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 EWJUSDClong | −0.0660% | 4h | 97.668 | long leg | $595K | $232K | 20x | |
| Gate EWJ_USDT | −0.0146% | 8h | 97.650 | −0.018% | $345K | $194K | 25x | as long as short |
| Aster EWJUSDT | 0.0000% | 8h | 97.685 | +0.018% | $15K | $962 | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 97.700 | +0.033% | $1.1M | $866K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 97.710 | +0.043% | $191K | $24K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 97.690 | +0.023% | $296K | $113K | 20x | as long as short |
| MEXC EWJ_USDT | 0.0000% | 8h | 97.700 | +0.033% | $403K | $105K | 20x | as long as short |
| Bitget EWJUSDTshort | 0.0000% | 8h | 97.720 | +0.053% | $746K | $142K | 20x | |
| Variational Omni EWJ | 0.0000% | 8h | 97.682 | +0.014% | $110K | $22K | — | as long as short |
| GRVT EWJ_USDT_Perp | 0.0000% | 8h | 97.684 | +0.016% | $626K | $403K | 10x | as long as short |
Gate EWJ_USDT
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
MEXC EWJ_USDT
Variational Omni EWJ
GRVT EWJ_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWJ-USDT | 0.0000% | 8h | 97.656 | −0.012% | $2K | $1.4M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 97.533 | −0.138% | $8K | $38K | 20x | as long as short |
| BloFin EWJ-USDT | +0.0021% | 8h | 97.700 | +0.033% | $43K | $68K | 20x | as long as short |
| tradeXYZ xyz:EWJ | +0.0068% | 1h | 97.724 | +0.057% | $1.5M | $545K | 20x | as long as short |
| KuCoin EWJUSDTM | +0.0100% | 8h | 97.610 | −0.059% | $150K | $1.0M | 20x | as long as short |
| Hotstuff EWJ-PERP | +0.0520% | 1h | 97.710 | +0.043% | $34K | — | 20x | as long as short |
SunX EWJ-USDT
HTX EWJ-USDT
BloFin EWJ-USDT
tradeXYZ xyz:EWJ
KuCoin EWJUSDTM
Hotstuff EWJ-PERP