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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EWJUSDTM | 98.540 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $160K | $1.1M | 20x |
| Short | Gate EWJ_USDT | 98.530 | 0 | get 0.0000% / 8h | 5h 53m | $357K | $214K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 3.55 bp | 906.3 bp −$906 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 54 min ago | 5.60 bp | 75.5 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EWJ-PERP | −5.0848% | 1h | 98.470 | −0.071% | $34K | — | 20x | as long as short |
| Aster EWJUSDT | 0.0000% | 8h | 98.411 | −0.131% | $15K | $1K | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 98.590 | +0.051% | $1.1M | $1.1M | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 98.510 | −0.030% | $220K | $65K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 98.560 | +0.020% | $300K | $126K | 20x | as long as short |
| Gate EWJ_USDTshort | 0.0000% | 8h | 98.530 | −0.010% | $357K | $214K | 25x | |
| MEXC EWJ_USDT | 0.0000% | 8h | 98.580 | +0.041% | $980K | $226K | 20x | as long as short |
| Bitget EWJUSDT | 0.0000% | 8h | 98.510 | −0.030% | $742K | $196K | 20x | as long as short |
| Variational Omni EWJ | 0.0000% | 8h | 98.555 | +0.015% | $117K | $30K | — | as long as short |
| SunX EWJ-USDT | 0.0000% | 8h | 98.552 | +0.012% | $1K | $1.5M | 20x | as long as short |
Show all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWJ-USDT | 0.0000% | 8h | 98.402 | −0.140% | $8K | $38K | 20x | as long as short |
| BloFin EWJ-USDT | +0.0007% | 8h | 98.490 | −0.051% | $44K | $69K | 20x | as long as short |
| GRVT EWJ_USDT_Perp | +0.0049% | 8h | 98.495 | −0.046% | $631K | $426K | 10x | as long as short |
| tradeXYZ xyz:EWJ | +0.0050% | 1h | 98.565 | +0.025% | $1.5M | $672K | 20x | as long as short |
| KuCoin EWJUSDTMlong | +0.0100% | 8h | 98.540 | long leg | $160K | $1.1M | 20x | |
| edgeX EWJUSDC | +0.0655% | 4h | 98.514 | −0.026% | $600K | $232K | 20x | as long as short |
KuCoin EWJUSDTM
Gate EWJ_USDT
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
MEXC EWJ_USDT
Bitget EWJUSDT
Variational Omni EWJ
SunX EWJ-USDT
HTX EWJ-USDT
BloFin EWJ-USDT
GRVT EWJ_USDT_Perp
tradeXYZ xyz:EWJ
edgeX EWJUSDC