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 +0.035%

Price spread now: Variational Omni against KuCoin+0.001%7-day average +0.055% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$4 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.001%, 7d avg +0.055%

Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.054% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.055%). Swap the legs.

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	Variational Omni EWJ	97.511	0	get 0.0000% / 8h	7h 25m	$111K	$25K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee KuCoinbpFee Variational OmnibpOrdersPrice spread, now +0.001%Rate

Funding earned: −$21
Price spread: +0.001% → +0.055%: −$5.39
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$38.39
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 9 min ago; Variational Omni: RFQ quote, 9 min ago. Net counts fees only.

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, 9 min ago	4.61 bp	206.0 bp −$206	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 9 min ago	2.61 bp	doesn't fit	75.1 bp −$751	doesn't fit	doesn't fit

EWJ on 16 venues

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 EWJUSDT	0.0000%	8h	97.520	+0.010%	$191K	$24K	25x	as long as short
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 EWJshort	0.0000%	8h	97.511	+0.001%	$111K	$25K	—
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