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+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.096%
Price spread now: BloFin against MEXC−0.031%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 7 days−0.142%−$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.031% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWJ_USDT97.6300get 0.0000% / 8h7h 42m$403K$104K20x
ShortBloFin EWJ-USDT97.6000.0003get 0.0003% / 8h7h 42m$43K$68K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$0.63
Price spread: −0.031% → 0.000%
−$3.07
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.44
Costs to cover
0.120%
Break-even
167.2 days
Slippage unknown: MEXC: live order book, 28 min ago; BloFin: 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 MEXC live order book, 28 min ago0.51 bp7.8 bp −$816.7 bp −$16753.9 bp −$5,390134.6 bp −$67.3K
Sell BloFin no order-book sample
BloFin: 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−0.0264%1h97.6300.000%$34K20xas long as short
Aster EWJUSDT0.0000%8h97.669+0.040%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.6300.000%$1.1M$858K20xas long as short
Bybit EWJUSDT0.0000%8h97.580−0.051%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.670+0.041%$296K$113K20xas long as short
Gate EWJ_USDT0.0000%8h97.610−0.020%$341K$178K25xas long as short
MEXC EWJ_USDTlong0.0000%8h97.630long leg$403K$104K20x
Bitget EWJUSDT0.0000%8h97.610−0.020%$741K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.623−0.007%$109K$23Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.639+0.009%$626K$406K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.568−0.064%$1K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.421−0.214%$8K$38K20xas long as short
BloFin EWJ-USDTshort+0.0003%8h97.600−0.031%$43K$68K20x
tradeXYZ xyz:EWJ+0.0089%1h97.593−0.038%$1.4M$545K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.610−0.020%$151K$1.0M20xas long as short
edgeX EWJUSDC+0.0176%4h97.625−0.005%$595K$234K20xas long as short