EWJ

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: Bybit against KuCoin+0.010%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,016as in the Funding arb table

Net, price: spread back to 7d avg − costs−$995as in the Price arb table

costs, in and out, $10k−$9949.938% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.224%−$22 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.010%, 7d avg +0.027%

Together, before fees−0.213%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, 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	KuCoin EWJUSDTM	97.510	0.0100	pay 0.0100% / 8h	7h 25m	$149K	$1.0M	20x
Short	Bybit EWJUSDT	97.520	0	get 0.0000% / 8h	7h 25m	$191K	$24K	25x

Funding history

latest

Range statsloading…

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now +0.010%Rate

Slippage from KuCoin: live order book, 9 min ago; Bybit: live order book, 54 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 9 min ago	4.61 bp	206.0 bp −$206	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 54 min ago	12.80 bp	35.0 bp −$35	doesn't fit	doesn't fit	doesn't fit

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	−0.0857%	4h	97.485	−0.026%	$594K	$232K	20x	as long as short
Aster EWJUSDT	0.0000%	8h	97.629	+0.122%	$15K	$962	20x	as long as short
Binance EWJUSDT	0.0000%	8h	97.532	+0.023%	$1.1M	$854K	20x	as long as short
Bybit EWJUSDTshort	0.0000%	8h	97.520	+0.010%	$191K	$24K	25x
OKX EWJ-USDT-SWAP	0.0000%	8h	97.520	+0.010%	$295K	$113K	20x	as long as short
Gate EWJ_USDT	0.0000%	8h	97.510	0.000%	$341K	$179K	25x	as long as short
MEXC EWJ_USDT	0.0000%	8h	97.540	+0.031%	$402K	$105K	20x	as long as short
Bitget EWJUSDT	0.0000%	8h	97.520	+0.010%	$737K	$142K	20x	as long as short
Variational Omni EWJ	0.0000%	8h	97.511	+0.001%	$111K	$25K	—	as long as short
GRVT EWJ_USDT_Perp	0.0000%	8h	97.540	+0.031%	$626K	$409K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX EWJ-USDT	0.0000%	8h	97.454	−0.057%	$1K	$1.4M	20x	as long as short
HTX EWJ-USDT	0.0000%	8h	97.509	−0.001%	$9K	$38K	20x	as long as short
BloFin EWJ-USDT	+0.0010%	8h	97.490	−0.021%	$43K	$68K	20x	as long as short
Hotstuff EWJ-PERP	+0.0088%	1h	97.540	+0.031%	$34K	—	20x	as long as short
KuCoin EWJUSDTMlong	+0.0100%	8h	97.510	long leg	$149K	$1.0M	20x
tradeXYZ xyz:EWJ	+0.0131%	1h	97.543	+0.034%	$1.4M	$547K	20x	as long as short