Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.068%
Price spread now: KuCoin against Gate−0.010%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,008as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,035as in the Price arb table
costs, in and out, $10k−$1,03510.350% of the position
Funding, last 7 days+0.267%+$27 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.010%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EWJ_USDT | 97.540 | 0 | get 0.0000% / 8h | 7h 32m | $341K | $179K | 25x |
| Short | KuCoin EWJUSDTM | 97.530 | 0.0100 | get 0.0100% / 8h | 7h 32m | $150K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.010% → −0.009%
- −$0.08
- Slippage, 4 orders
- −$1,008.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,014.1
- Costs to cover
- 10.350%
- Break-even
- 345.0 days
Slippage from Gate: live order book, 62 min ago; KuCoin: live order book, 2 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 Gate live order book, 62 min ago | 9.21 bp | 39.0 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 4.61 bp | 717.8 bp −$718 | doesn't fit | 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 EWJUSDC | −0.0617% | 4h | 97.569 | +0.030% | $595K | $233K | 20x | as long as short |
| Hotstuff EWJ-PERP | −0.0080% | 1h | 97.570 | +0.031% | $34K | — | 20x | as long as short |
| BloFin EWJ-USDT | −0.0001% | 8h | 97.570 | +0.031% | $43K | $68K | 20x | as long as short |
| Aster EWJUSDT | 0.0000% | 8h | 97.596 | +0.057% | $15K | $962 | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 97.544 | +0.004% | $1.1M | $861K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 97.520 | −0.021% | $191K | $24K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 97.530 | −0.010% | $295K | $113K | 20x | as long as short |
| Gate EWJ_USDTlong | 0.0000% | 8h | 97.540 | long leg | $341K | $179K | 25x | |
| MEXC EWJ_USDT | 0.0000% | 8h | 97.550 | +0.010% | $402K | $105K | 20x | as long as short |
| Bitget EWJUSDT | 0.0000% | 8h | 97.540 | 0.000% | $738K | $143K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWJ | 0.0000% | 8h | 97.579 | +0.040% | $109K | $23K | — | as long as short |
| GRVT EWJ_USDT_Perp | 0.0000% | 8h | 97.585 | +0.046% | $626K | $406K | 10x | as long as short |
| SunX EWJ-USDT | 0.0000% | 8h | 97.495 | −0.046% | $1K | $1.4M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 97.335 | −0.210% | $8K | $38K | 20x | as long as short |
| KuCoin EWJUSDTMshort | +0.0100% | 8h | 97.530 | −0.010% | $150K | $1.0M | 20x | |
| tradeXYZ xyz:EWJ | +0.0130% | 1h | 97.534 | −0.006% | $1.4M | $545K | 20x | as long as short |
Gate EWJ_USDT
KuCoin EWJUSDTM
edgeX EWJUSDC
BloFin EWJ-USDT
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
MEXC EWJ_USDT
Bitget EWJUSDT
Variational Omni EWJ
GRVT EWJ_USDT_Perp
SunX EWJ-USDT
HTX EWJ-USDT
tradeXYZ xyz:EWJ