Funding arb · Price arb /

EWJ

RWAall EWJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.055%

Price spread now: Aster against Gate+0.027%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.027% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate EWJ_USDT	97.810	0	get 0.0000% / 8h	1h 59m	$347K	$192K	25x
Short	Aster EWJUSDT	97.837	0	get 0.0000% / 8h	1h 59m	$15K	$962	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → 0.000%: $2.74
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.26
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 46 min ago; Aster: no order-book sample. 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 Gate live order book, 46 min ago	7.67 bp	23.6 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EWJ-USDT	−0.0021%	8h	97.740	−0.072%	$43K	$68K	20x	as long as short
Aster EWJUSDTshort	0.0000%	8h	97.837	+0.027%	$15K	$962	20x
Binance EWJUSDT	0.0000%	8h	97.860	+0.051%	$1.1M	$840K	20x	as long as short
Bybit EWJUSDT	0.0000%	8h	97.820	+0.010%	$192K	$24K	25x	as long as short
OKX EWJ-USDT-SWAP	0.0000%	8h	97.780	−0.031%	$297K	$113K	20x	as long as short
Gate EWJ_USDTlong	0.0000%	8h	97.810	long leg	$347K	$192K	25x
MEXC EWJ_USDT	0.0000%	8h	97.860	+0.051%	$273K	$90K	20x	as long as short
Bitget EWJUSDT	0.0000%	8h	97.840	+0.031%	$748K	$144K	20x	as long as short
Variational Omni EWJ	0.0000%	8h	97.802	−0.008%	$110K	$22K	—	as long as short
GRVT EWJ_USDT_Perp	0.0000%	8h	97.960	+0.153%	$628K	$397K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX EWJ-USDT	0.0000%	8h	97.781	−0.030%	$1K	$1.4M	20x	as long as short
HTX EWJ-USDT	0.0000%	8h	97.720	−0.092%	$8K	$37K	20x	as long as short
tradeXYZ xyz:EWJ	+0.0050%	1h	97.871	+0.062%	$1.5M	$549K	20x	as long as short
KuCoin EWJUSDTM	+0.0100%	8h	97.850	+0.041%	$151K	$978K	20x	as long as short
Hotstuff EWJ-PERP	+0.0392%	1h	97.800	−0.010%	$34K	—	20x	as long as short
edgeX EWJUSDC	+0.0748%	4h	97.970	+0.163%	$597K	$233K	20x	as long as short