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: HTX against KuCoin−0.094%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.094% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWJUSDTM97.5600.0100pay 0.0100% / 8h7h 36m$150K$1.0M20x
ShortHTX EWJ-USDT97.4680get 0.0000% / 8h7h 36m$8K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.094% → 0.000%
−$9.43
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$54.43
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 8 min ago; HTX: no order-book sample. 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 KuCoin live order book, 8 min ago3.08 bp647.8 bp −$648doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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−0.0104%1h97.590+0.031%$34K20xas long as short
Aster EWJUSDT0.0000%8h97.632+0.074%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.610+0.051%$1.1M$860K20xas long as short
Bybit EWJUSDT0.0000%8h97.550−0.010%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.670+0.113%$296K$113K20xas long as short
Gate EWJ_USDT0.0000%8h97.580+0.021%$341K$179K25xas long as short
MEXC EWJ_USDT0.0000%8h97.590+0.031%$403K$105K20xas long as short
Bitget EWJUSDT0.0000%8h97.610+0.051%$739K$143K20xas long as short
Variational Omni EWJ0.0000%8h97.584+0.024%$109K$23Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.611+0.052%$626K$406K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.545−0.015%$1K$1.4M20xas long as short
HTX EWJ-USDTshort0.0000%8h97.468−0.094%$8K$38K20x
BloFin EWJ-USDT+0.0017%8h97.570+0.010%$43K$68K20xas long as short
KuCoin EWJUSDTMlong+0.0100%8h97.560long leg$150K$1.0M20x
tradeXYZ xyz:EWJ+0.0112%1h97.593+0.034%$1.4M$545K20xas long as short
edgeX EWJUSDC+0.0288%4h97.584+0.025%$595K$232K20xas long as short