Funding you earn now, next payment 09:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.044%
Price spread now: Bybit against tradeXYZ+0.002%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.002%, 7d avg +0.008%
=Together, before fees−0.114%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWJ | 97.588 | 0.0136 | pay 0.0017% / 1h | 21m 24s | $1.4M | $546K | 20x |
| Short | Bybit EWJUSDT | 97.590 | 0 | get 0.0000% / 8h | 7h 21m | $191K | $24K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$28.51
- Price spread: +0.002% → +0.008%
- −$0.61
- Slippage, 4 orders
- −$76.39
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$134.51
- Costs to cover
- 1.054%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Bybit: live order book, 58 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 tradeXYZ live order book, 6 min ago | 6.15 bp | 15.7 bp −$16 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 58 min ago | 12.80 bp | 35.0 bp −$35 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWJUSDT | 0.0000% | 8h | 97.644 | +0.058% | $15K | $962 | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 97.610 | +0.023% | $1.1M | $856K | 20x | as long as short |
| Bybit EWJUSDTshort | 0.0000% | 8h | 97.590 | +0.002% | $191K | $24K | 25x | |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 97.580 | −0.008% | $296K | $113K | 20x | as long as short |
| Gate EWJ_USDT | 0.0000% | 8h | 97.540 | −0.049% | $341K | $180K | 25x | as long as short |
| MEXC EWJ_USDT | 0.0000% | 8h | 97.600 | +0.012% | $402K | $105K | 20x | as long as short |
| Bitget EWJUSDT | 0.0000% | 8h | 97.520 | −0.070% | $737K | $142K | 20x | as long as short |
| Variational Omni EWJ | 0.0000% | 8h | 97.511 | −0.079% | $111K | $25K | — | as long as short |
| GRVT EWJ_USDT_Perp | 0.0000% | 8h | 97.578 | −0.010% | $625K | $410K | 10x | as long as short |
| SunX EWJ-USDT | 0.0000% | 8h | 97.532 | −0.057% | $1K | $1.4M | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWJ-USDT | 0.0000% | 8h | 97.633 | +0.046% | $9K | $38K | 20x | as long as short |
| BloFin EWJ-USDT | +0.0003% | 8h | 97.590 | +0.002% | $43K | $68K | 20x | as long as short |
| KuCoin EWJUSDTM | +0.0100% | 8h | 97.540 | −0.049% | $150K | $1.0M | 20x | as long as short |
| tradeXYZ xyz:EWJlong | +0.0136% | 1h | 97.588 | long leg | $1.4M | $546K | 20x | |
| Hotstuff EWJ-PERP | +0.0200% | 1h | 97.600 | +0.012% | $34K | — | 20x | as long as short |
| edgeX EWJUSDC | +0.0477% | 4h | 97.557 | −0.032% | $595K | $232K | 20x | as long as short |
tradeXYZ xyz:EWJ
Bybit EWJUSDT
Aster EWJUSDT
Binance EWJUSDT
OKX EWJ-USDT-SWAP
Gate EWJ_USDT
MEXC EWJ_USDT
Bitget EWJUSDT
Variational Omni EWJ
GRVT EWJ_USDT_Perp
SunX EWJ-USDT
HTX EWJ-USDT
BloFin EWJ-USDT
KuCoin EWJUSDTM
edgeX EWJUSDC