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−0.0097%/8h= −10.6% APRnext payment $0.97 per $10,000 · paid last 24h −0.097%
Price spread now: HTX against MEXC−0.144%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 0.144% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EWJ_USDT98.3200.0097pay 0.0097% / 8h4h 44m$686K$272K20x
ShortHTX EWJ-USDT98.1780get 0.0000% / 8h4h 44m$8K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$20.37
Price spread: −0.144% → 0.000%
−$14.44
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$46.81
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 54 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 MEXC live order book, 54 min ago4.57 bp9.8 bp −$1021.1 bp −$21168.6 bp −$6,856178.3 bp −$89.1K
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EWJ-USDT−0.0010%8h98.370+0.051%$44K$69K20xas long as short
Aster EWJUSDT0.0000%8h98.300−0.020%$18K$4K20xas long as short
Bybit EWJUSDT0.0000%8h98.3200.000%$187K$104K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h98.350+0.031%$299K$125K20xas long as short
Gate EWJ_USDT0.0000%8h98.300−0.020%$350K$219K25xas long as short
Bitget EWJUSDT0.0000%8h98.300−0.020%$738K$205K20xas long as short
SunX EWJ-USDT0.0000%8h98.283−0.038%$2K$1.5M20xas long as short
HTX EWJ-USDTshort0.0000%8h98.178−0.144%$8K$38K20x
Variational Omni EWJ+0.0030%8h98.3200.000%$117K$30Kas long as short
MEXC EWJ_USDTlong+0.0097%8h98.320long leg$686K$272K20x
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EWJUSDTM+0.0100%8h98.400+0.081%$160K$1.1M20xas long as short
Binance EWJUSDT+0.0100%8h98.3200.000%$1.1M$1.1M20xas long as short
tradeXYZ xyz:EWJ+0.0182%1h98.344+0.024%$1.5M$651K20xas long as short
edgeX EWJUSDC+0.0488%4h98.376+0.057%$600K$233K20xas long as short
Hotstuff EWJ-PERP+0.0712%1h98.450+0.132%$35K20xas long as short
GRVT EWJ_USDT_Perp+0.0756%8h98.385+0.066%$631K$418K10xas long as short