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

EWJ

RWAall EWJ markets
SwapBacktest
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 +0.051%
Price spread now: KuCoin against HTX+0.204%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 5 days (all we have)no history yet
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 +$3 a day on $10k at the current rate, and KuCoin is 0.204% dearer against HTX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EWJ-USDT97.4210get 0.0000% / 8h7h 43m$8K$38K20x
ShortKuCoin EWJUSDTM97.6200.0100get 0.0100% / 8h7h 43m$150K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: +0.204% → 0.000%
$20.43
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$17.43
Costs to cover
0.240%
Break-even
1.2 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 1 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 HTX no order-book sample
Sell KuCoin live order book, 1 min ago3.08 bp195.2 bp −$195doesn't fitdoesn't fitdoesn'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 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
Hotstuff EWJ-PERP−0.0264%1h97.630+0.215%$34K20xas long as short
Aster EWJUSDT0.0000%8h97.690+0.276%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.630+0.215%$1.1M$858K20xas long as short
Bybit EWJUSDT0.0000%8h97.610+0.194%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.670+0.256%$296K$113K20xas long as short
Gate EWJ_USDT0.0000%8h97.610+0.194%$341K$178K25xas long as short
MEXC EWJ_USDT0.0000%8h97.620+0.204%$403K$104K20xas long as short
Bitget EWJUSDT0.0000%8h97.610+0.194%$741K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.623+0.207%$109K$23Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.682+0.268%$627K$405K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.571+0.154%$1K$1.4M20xas long as short
HTX EWJ-USDTlong0.0000%8h97.421long leg$8K$38K20x
BloFin EWJ-USDT+0.0015%8h97.670+0.256%$43K$68K20xas long as short
tradeXYZ xyz:EWJ+0.0084%1h97.617+0.201%$1.4M$545K20xas long as short
KuCoin EWJUSDTMshort+0.0100%8h97.620+0.204%$150K$1.0M20x
edgeX EWJUSDC+0.0464%4h97.677+0.263%$595K$233K20xas long as short