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+0.0146%/8h= +16.0% APRnext payment +$1.46 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Gate−0.017%7-day average −0.005% · you buy dearer than you sell
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+0.065%+$7 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.017%, 7d avg −0.005%
Together, before fees+0.126%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EWJ_USDT97.670−0.0146get 0.0146% / 8h22m 47s$345K$194K25x
ShortSunX EWJ-USDT97.6530get 0.0000% / 8h22m 47s$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$30.66
Price spread: −0.017% → −0.005%
−$1.29
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
$6.37
Costs to cover
0.230%
Break-even
5.5 days
Slippage unknown: Gate: live order book, 12 min ago; SunX: live order book, 12 min ago. 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 SunX live order book, 12 min ago500.04 bpdoesn't fitdoesn'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−0.0660%4h97.668−0.002%$595K$232K20xas long as short
Gate EWJ_USDTlong−0.0146%8h97.670long leg$345K$194K25x
Aster EWJUSDT0.0000%8h97.684+0.014%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.715+0.046%$1.1M$866K20xas long as short
Bybit EWJUSDT0.0000%8h97.710+0.041%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.700+0.031%$296K$113K20xas long as short
MEXC EWJ_USDT0.0000%8h97.730+0.061%$403K$105K20xas long as short
Bitget EWJUSDT0.0000%8h97.720+0.051%$746K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.682+0.012%$110K$22Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.684+0.014%$626K$403K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDTshort0.0000%8h97.653−0.017%$2K$1.4M20x
HTX EWJ-USDT0.0000%8h97.533−0.140%$8K$38K20xas long as short
BloFin EWJ-USDT+0.0012%8h97.680+0.010%$43K$68K20xas long as short
tradeXYZ xyz:EWJ+0.0067%1h97.733+0.065%$1.5M$545K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.620−0.051%$149K$1.0M20xas long as short
Hotstuff EWJ-PERP+0.0520%1h97.710+0.041%$34K20xas long as short