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

EWJ

RWAall EWJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment $0.84 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX+0.034%7-day average +0.004% · you sell dearer than you buy
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−0.065%−$7 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.034%, 7d avg +0.004%
Together, before fees−0.138%−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.030% dearer against SunX than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of +0.004%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.065% in total) that is about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWJ-USDT97.6570get 0.0000% / 8h1h 07m$1K$1.4M20x
ShortGate EWJ_USDT97.690−0.0084pay 0.0084% / 8h1h 07m$345K$201K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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
−$17.64
Price spread: +0.034% → +0.004%
$2.95
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$37.69
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 7 min ago; Gate: live order book, 33 min ago. 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 SunX live order book, 7 min ago500.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 33 min ago7.17 bp87.6 bp −$88doesn'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
Gate EWJ_USDTshort−0.0084%8h97.690+0.034%$345K$201K25x
BloFin EWJ-USDT−0.0015%8h97.710+0.054%$43K$69K20xas long as short
Aster EWJUSDT0.0000%8h97.645−0.013%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.700+0.044%$1.1M$857K20xas long as short
Bybit EWJUSDT0.0000%8h97.690+0.034%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.700+0.044%$296K$113K20xas long as short
MEXC EWJ_USDT0.0000%8h97.690+0.034%$403K$106K20xas long as short
Bitget EWJUSDT0.0000%8h97.690+0.034%$746K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.632−0.026%$110K$22Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.646−0.011%$626K$401K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDTlong0.0000%8h97.657long leg$1K$1.4M20x
HTX EWJ-USDT0.0000%8h97.470−0.191%$8K$37K20xas long as short
tradeXYZ xyz:EWJ+0.0050%1h97.690+0.034%$1.5M$544K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.540−0.120%$151K$1.0M20xas long as short
edgeX EWJUSDC+0.0116%4h97.639−0.018%$595K$232K20xas long as short
Hotstuff EWJ-PERP+0.0360%1h97.680+0.024%$34K20xas long as short