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Funding arb · Price arb /

EWJ

RWAall EWJ markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0520%/8h= +56.9% APRpaid last 24h +0.092%
Price spread now: Hotstuff against OKX+0.010%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on OKXShort on Hotstuff
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWJ-USDT-SWAP97.7000get 0.0000% / 8h22m 49s$296K$113K20x
ShortHotstuff EWJ-PERP97.7100.0520get 0.0065% / 1h22m 49s$34K—20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against OKX. 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
$109.2
Price spread: +0.010% → 0.000%
$1.02
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$95.22
Costs to cover
0.150%
Break-even
0.9 days
Slippage unknown: OKX: live order book, 12 min ago; Hotstuff: 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 OKX live order book, 12 min ago3.58 bp23.0 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Hotstuff no order-book sample—————
Hotstuff: 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
edgeX EWJUSDC−0.0660%4h97.668−0.033%$595K$232K20xas long as short
Gate EWJ_USDT−0.0146%8h97.670−0.031%$345K$194K25xas long as short
Aster EWJUSDT0.0000%8h97.684−0.016%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.709+0.009%$1.1M$866K20xas long as short
Bybit EWJUSDT0.0000%8h97.710+0.010%$191K$24K25xas long as short
OKX EWJ-USDT-SWAPlong0.0000%8h97.700long leg$296K$113K20x
MEXC EWJ_USDT0.0000%8h97.710+0.010%$403K$105K20xas long as short
Bitget EWJUSDT0.0000%8h97.720+0.020%$746K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.682−0.018%$110K$22K—as long as short
GRVT EWJ_USDT_Perp0.0000%8h97.684−0.016%$626K$403K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.653−0.048%$2K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.533−0.171%$8K$38K20xas long as short
BloFin EWJ-USDT+0.0012%8h97.680−0.020%$43K$68K20xas long as short
tradeXYZ xyz:EWJ+0.0065%1h97.697−0.003%$1.5M$545K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.620−0.082%$149K$1.0M20xas long as short
Hotstuff EWJ-PERPshort+0.0520%1h97.710+0.010%$34K—20x