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

EWJ

RWAall EWJ markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.329%+$33 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWJ_USDT97.5400get 0.0000% / 8h7h 32m$341K$179K25x
ShortKuCoin EWJUSDTM97.5300.0100get 0.0100% / 8h7h 32m$150K$1.0M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 62 min ago9.21 bp39.0 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago4.61 bp717.8 bp −$718doesn't fitdoesn'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
edgeX EWJUSDC−0.0617%4h97.569+0.030%$595K$233K20xas long as short
Hotstuff EWJ-PERP−0.0080%1h97.570+0.031%$34K20xas long as short
BloFin EWJ-USDT−0.0001%8h97.570+0.031%$43K$68K20xas long as short
Aster EWJUSDT0.0000%8h97.596+0.057%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.544+0.004%$1.1M$861K20xas long as short
Bybit EWJUSDT0.0000%8h97.520−0.021%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.530−0.010%$295K$113K20xas long as short
Gate EWJ_USDTlong0.0000%8h97.540long leg$341K$179K25x
MEXC EWJ_USDT0.0000%8h97.550+0.010%$402K$105K20xas long as short
Bitget EWJUSDT0.0000%8h97.5400.000%$738K$143K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWJ0.0000%8h97.579+0.040%$109K$23Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.585+0.046%$626K$406K10xas long as short
SunX EWJ-USDT0.0000%8h97.495−0.046%$1K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.335−0.210%$8K$38K20xas long as short
KuCoin EWJUSDTMshort+0.0100%8h97.530−0.010%$150K$1.0M20x
tradeXYZ xyz:EWJ+0.0130%1h97.534−0.006%$1.4M$545K20xas long as short