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+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Gate+0.031%7-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+0.058%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWJ_USDT97.650−0.0146get 0.0146% / 8h22m 59s$345K$194K25x
ShortBloFin EWJ-USDT97.6800.0012get 0.0012% / 8h22m 59s$43K$68K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$33.19
Price spread: +0.031% → 0.000%
$3.07
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$9.27
Costs to cover
0.270%
Break-even
5.0 days
Slippage unknown: Gate: live order book, 12 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 12 min ago9.21 bp39.0 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
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
edgeX EWJUSDC−0.0660%4h97.668+0.018%$595K$232K20xas long as short
Gate EWJ_USDTlong−0.0146%8h97.650long leg$345K$194K25x
Aster EWJUSDT0.0000%8h97.685+0.035%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.706+0.057%$1.1M$866K20xas long as short
Bybit EWJUSDT0.0000%8h97.700+0.051%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.700+0.051%$296K$113K20xas long as short
MEXC EWJ_USDT0.0000%8h97.700+0.051%$403K$105K20xas long as short
Bitget EWJUSDT0.0000%8h97.720+0.072%$746K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.682+0.033%$110K$22Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.684+0.035%$626K$403K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.653+0.003%$2K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.533−0.120%$8K$38K20xas long as short
BloFin EWJ-USDTshort+0.0012%8h97.680+0.031%$43K$68K20x
tradeXYZ xyz:EWJ+0.0065%1h97.697+0.048%$1.5M$545K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.610−0.041%$149K$1.0M20xas long as short
Hotstuff EWJ-PERP+0.0520%1h97.710+0.061%$34K20xas long as short