Settings8H · net · $10k
Funding arb · Price arb /

EWJ

RWAall EWJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.097%
Price spread now: Bybit against MEXC−0.041%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$830.826% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.041%, 7d avg −0.022%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWJ_USDT97.6200get 0.0000% / 8h7h 38m$403K$105K20x
ShortBybit EWJUSDT97.5800get 0.0000% / 8h7h 38m$191K$24K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
Price spread: −0.041% → −0.022%
−$1.88
Slippage, 4 orders
−$71.63
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$84.51
Costs to cover
0.826%
Break-even
never at this rate
Slippage from MEXC: live order book, 32 min ago; Bybit: live order book, 41 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 MEXC live order book, 32 min ago0.51 bp7.8 bp −$816.7 bp −$16753.9 bp −$5,390134.6 bp −$67.3K
Sell Bybit live order book, 41 min ago12.80 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit

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−0.0168%1h97.580−0.041%$34K20xas long as short
Aster EWJUSDT0.0000%8h97.676+0.058%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.610−0.010%$1.1M$860K20xas long as short
Bybit EWJUSDTshort0.0000%8h97.580−0.041%$191K$24K25x
OKX EWJ-USDT-SWAP0.0000%8h97.670+0.051%$296K$113K20xas long as short
Gate EWJ_USDT0.0000%8h97.590−0.031%$341K$179K25xas long as short
MEXC EWJ_USDTlong0.0000%8h97.620long leg$403K$105K20x
Bitget EWJUSDT0.0000%8h97.610−0.010%$739K$143K20xas long as short
Variational Omni EWJ0.0000%8h97.584−0.037%$109K$23Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.630+0.010%$626K$406K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.541−0.081%$1K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.475−0.149%$8K$38K20xas long as short
BloFin EWJ-USDT+0.0002%8h97.630+0.010%$43K$68K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.580−0.041%$151K$1.0M20xas long as short
tradeXYZ xyz:EWJ+0.0105%1h97.616−0.004%$1.4M$545K20xas long as short
edgeX EWJUSDC+0.0181%4h97.587−0.033%$595K$232K20xas long as short