Funding arb · Price arb /

EWJ

RWAall EWJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0411%/8h= −45.0% APRpaid last 24h +0.025%

Price spread now: edgeX against HTX+0.145%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.145% dearer against HTX than usual: you sell high and buy low (spread +0.145% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX EWJ-USDT	97.957	0	get 0.0000% / 8h	6h 19m	$8K	$38K	20x
Short	edgeX EWJUSDC	98.099	−0.0411	pay 0.0206% / 4h	2h 19m	$598K	$233K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now +0.145%Rate

Funding earned: −$86.35
Price spread: +0.145% → 0.000%: $14.51
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$92.85
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; edgeX: live order book, 32 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 32 min ago	6.62 bp	11.8 bp −$12	22.0 bp −$220	doesn't fit	doesn't fit

HTX: 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 exchanges

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 EWJUSDCshort	−0.0411%	4h	98.099	+0.145%	$598K	$233K	20x
BloFin EWJ-USDT	−0.0009%	8h	98.210	+0.258%	$44K	$69K	20x	as long as short
Aster EWJUSDT	0.0000%	8h	98.115	+0.162%	$15K	$1K	20x	as long as short
Binance EWJUSDT	0.0000%	8h	98.090	+0.135%	$1.1M	$907K	20x	as long as short
Bybit EWJUSDT	0.0000%	8h	98.140	+0.187%	$213K	$59K	25x	as long as short
OKX EWJ-USDT-SWAP	0.0000%	8h	98.130	+0.177%	$298K	$115K	20x	as long as short
Gate EWJ_USDT	0.0000%	8h	98.080	+0.126%	$339K	$186K	25x	as long as short
MEXC EWJ_USDT	0.0000%	8h	98.100	+0.146%	$906K	$189K	20x	as long as short
Bitget EWJUSDT	0.0000%	8h	98.140	+0.187%	$737K	$144K	20x	as long as short
Variational Omni EWJ	0.0000%	8h	98.100	+0.146%	$117K	$30K	—	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT EWJ_USDT_Perp	0.0000%	8h	98.110	+0.156%	$629K	$423K	10x	as long as short
SunX EWJ-USDT	0.0000%	8h	98.029	+0.074%	$1K	$1.4M	20x	as long as short
HTX EWJ-USDTlong	0.0000%	8h	97.957	long leg	$8K	$38K	20x
tradeXYZ xyz:EWJ	+0.0085%	1h	98.097	+0.143%	$1.5M	$562K	20x	as long as short
KuCoin EWJUSDTM	+0.0100%	8h	98.020	+0.064%	$151K	$1.1M	20x	as long as short
Hotstuff EWJ-PERP	+0.0744%	1h	98.100	+0.146%	$34K	—	20x	as long as short