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

EWJ

RWAall EWJ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.051%
Price spread now: KuCoin against SunX+0.050%54s7-day average −0.010% · 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+0.219%+$22 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.050%, 7d avg −0.010%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.060% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EWJ-USDT97.5710get 0.0000% / 8h7h 43m$1K$1.4M20x
ShortKuCoin EWJUSDTM97.6200.0100get 0.0100% / 8h7h 43m$150K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.050% → −0.010%
$6.05
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$7.05
Costs to cover
0.200%
Break-even
4.7 days
Slippage unknown: SunX: live order book, 11 min ago; KuCoin: live order book, 1 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, 11 min ago500.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago3.08 bp195.2 bp −$195doesn'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−0.0264%1h97.630+0.060%$34K20xas long as short
Aster EWJUSDT0.0000%8h97.691+0.123%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.630+0.060%$1.1M$858K20xas long as short
Bybit EWJUSDT0.0000%8h97.610+0.040%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.670+0.101%$296K$113K20xas long as short
Gate EWJ_USDT0.0000%8h97.610+0.040%$341K$178K25xas long as short
MEXC EWJ_USDT0.0000%8h97.630+0.060%$403K$104K20xas long as short
Bitget EWJUSDT0.0000%8h97.610+0.040%$741K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.623+0.053%$109K$23Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.639+0.070%$626K$406K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDTlong0.0000%8h97.571long leg$1K$1.4M20x
HTX EWJ-USDT0.0000%8h97.421−0.154%$8K$38K20xas long as short
BloFin EWJ-USDT+0.0015%8h97.670+0.101%$43K$68K20xas long as short
tradeXYZ xyz:EWJ+0.0086%1h97.620+0.050%$1.4M$545K20xas long as short
KuCoin EWJUSDTMshort+0.0100%8h97.620+0.050%$150K$1.0M20x
edgeX EWJUSDC+0.0176%4h97.625+0.055%$595K$234K20xas long as short