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

EWJ

RWAall EWJ markets
SwapBacktest
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 +0.098%
Price spread now: Binance against Gate+0.044%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$840.836% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.204%+$20 on $10k
Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.044%, 7d avg +0.056%
Together, before fees+0.349%+$35 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWJ_USDT97.7300get 0.0000% / 8h2h 37m$346K$182K25x
ShortBinance EWJUSDT97.7730get 0.0000% / 8h2h 37m$1.1M$657K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$0
Price spread: +0.044% → +0.056%
−$1.22
Slippage, 4 orders
−$58.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$84.79
Costs to cover
0.836%
Break-even
never at this rate
Slippage from Gate: live order book, 8 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 8 min ago7.67 bp23.6 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.51 bp10.4 bp −$1038.4 bp −$384doesn't fitdoesn't fit

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
BloFin EWJ-USDT−0.0004%8h97.750+0.020%$43K$68K20xas long as short
Aster EWJUSDT0.0000%8h97.754+0.025%$15K$96220xas long as short
Binance EWJUSDTshort0.0000%8h97.773+0.044%$1.1M$657K20x
Bybit EWJUSDT0.0000%8h97.780+0.051%$201K$16K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.7300.000%$299K$94K20xas long as short
Gate EWJ_USDTlong0.0000%8h97.730long leg$346K$182K25x
MEXC EWJ_USDT0.0000%8h97.770+0.041%$210K$80K20xas long as short
Bitget EWJUSDT0.0000%8h97.750+0.020%$732K$90K20xas long as short
Variational Omni EWJ0.0000%8h97.749+0.019%$105K$17Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.773+0.044%$627K$396K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.682−0.049%$1K$1.3M20xas long as short
HTX EWJ-USDT0.0000%8h97.602−0.131%$8K$37K20xas long as short
tradeXYZ xyz:EWJ+0.0072%1h97.761+0.032%$1.5M$502K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.740+0.010%$147K$958K20xas long as short
Hotstuff EWJ-PERP+0.0120%1h97.750+0.020%$34K20xas long as short
edgeX EWJUSDC+0.0656%4h97.762+0.032%$596K$232K20xas long as short