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: Gate against KuCoin−0.010%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,258as in the Price arb table
costs, in and out, $10k−$1,25612.556% 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)−0.067%−$7 · spread now −0.010%, 7d avg +0.010%
Together, before fees−0.335%−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWJUSDTM98.5400.0100pay 0.0100% / 8h5h 53m$160K$1.1M20x
ShortGate EWJ_USDT98.5300get 0.0000% / 8h5h 53m$357K$214K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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% → +0.010%
−$1.97
Slippage, 4 orders
−$1,228.61
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,278.58
Costs to cover
12.556%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 54 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 KuCoin live order book, 4 min ago3.55 bp906.3 bp −$906doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 54 min ago5.60 bp75.5 bp −$76doesn't fitdoesn't fitdoesn't fit

EWJ on 16 exchanges

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−5.0848%1h98.470−0.071%$34K20xas long as short
Aster EWJUSDT0.0000%8h98.411−0.131%$15K$1K20xas long as short
Binance EWJUSDT0.0000%8h98.590+0.051%$1.1M$1.1M20xas long as short
Bybit EWJUSDT0.0000%8h98.510−0.030%$220K$65K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h98.560+0.020%$300K$126K20xas long as short
Gate EWJ_USDTshort0.0000%8h98.530−0.010%$357K$214K25x
MEXC EWJ_USDT0.0000%8h98.580+0.041%$980K$226K20xas long as short
Bitget EWJUSDT0.0000%8h98.510−0.030%$742K$196K20xas long as short
Variational Omni EWJ0.0000%8h98.555+0.015%$117K$30Kas long as short
SunX EWJ-USDT0.0000%8h98.552+0.012%$1K$1.5M20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EWJ-USDT0.0000%8h98.402−0.140%$8K$38K20xas long as short
BloFin EWJ-USDT+0.0007%8h98.490−0.051%$44K$69K20xas long as short
GRVT EWJ_USDT_Perp+0.0049%8h98.495−0.046%$631K$426K10xas long as short
tradeXYZ xyz:EWJ+0.0050%1h98.565+0.025%$1.5M$672K20xas long as short
KuCoin EWJUSDTMlong+0.0100%8h98.540long leg$160K$1.1M20x
edgeX EWJUSDC+0.0655%4h98.514−0.026%$600K$232K20xas long as short