Funding you earn now, next payment 12:00 UTC−0.0857%/8h= −93.8% APRpaid last 24h +0.025%
Price spread now: edgeX against OKX−0.036%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.036%, 7d avg +0.019%
=Together, before fees+0.267%+ Points / potential airdropedgeX: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and edgeX is 0.055% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.019%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.203%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.203% in total (about 10.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWJ-USDT-SWAP | 97.520 | 0 | get 0.0000% / 8h | 7h 25m | $295K | $113K | 20x |
| Short | edgeX EWJUSDC | 97.485 | −0.0857 | pay 0.0428% / 4h | 3h 25m | $594K | $232K | 20x |
OKX EWJ-USDT-SWAP
edgeX EWJUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$179.9
- Price spread: −0.036% → +0.019%
- −$5.51
- Slippage, 4 orders
- −$49.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$254.19
- Costs to cover
- 0.688%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 8 min ago.
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 OKX live order book, 5 min ago | 1.03 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 8 min ago | 6.15 bp | 11.1 bp −$11 | 21.0 bp −$210 | 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 EWJUSDCshort | −0.0857% | 4h | 97.485 | −0.036% | $594K | $232K | 20x | |
| Aster EWJUSDT | 0.0000% | 8h | 97.629 | +0.112% | $15K | $962 | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 97.532 | +0.013% | $1.1M | $854K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 97.520 | 0.000% | $191K | $24K | 25x | as long as short |
| OKX EWJ-USDT-SWAPlong | 0.0000% | 8h | 97.520 | long leg | $295K | $113K | 20x | |
| Gate EWJ_USDT | 0.0000% | 8h | 97.510 | −0.010% | $341K | $179K | 25x | as long as short |
| MEXC EWJ_USDT | 0.0000% | 8h | 97.540 | +0.021% | $402K | $105K | 20x | as long as short |
| Bitget EWJUSDT | 0.0000% | 8h | 97.520 | 0.000% | $737K | $142K | 20x | as long as short |
| Variational Omni EWJ | 0.0000% | 8h | 97.511 | −0.009% | $111K | $25K | — | as long as short |
| GRVT EWJ_USDT_Perp | 0.0000% | 8h | 97.540 | +0.020% | $626K | $409K | 10x | as long as short |
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
Gate EWJ_USDT
MEXC EWJ_USDT
Bitget EWJUSDT
Variational Omni EWJ
GRVT EWJ_USDT_PerpShow 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 | −0.068% | $1K | $1.4M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 97.509 | −0.011% | $9K | $38K | 20x | as long as short |
| BloFin EWJ-USDT | +0.0010% | 8h | 97.490 | −0.031% | $43K | $68K | 20x | as long as short |
| Hotstuff EWJ-PERP | +0.0088% | 1h | 97.540 | +0.021% | $34K | — | 20x | as long as short |
| KuCoin EWJUSDTM | +0.0100% | 8h | 97.510 | −0.010% | $149K | $1.0M | 20x | as long as short |
| tradeXYZ xyz:EWJ | +0.0131% | 1h | 97.543 | +0.024% | $1.4M | $547K | 20x | as long as short |
SunX EWJ-USDT
HTX EWJ-USDT
BloFin EWJ-USDT
Hotstuff EWJ-PERP
KuCoin EWJUSDTM
tradeXYZ xyz:EWJ