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

EWJ

RWAall EWJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.064%
Price spread now: Hotstuff against tradeXYZ+0.012%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Hotstuff: 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EWJ97.5880.0136pay 0.0017% / 1h21m 25s$1.4M$546K20x
ShortHotstuff EWJ-PERP97.6000.0200get 0.0025% / 1h21m 25s$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against tradeXYZ. 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
$13.49
Price spread: +0.012% → 0.000%
$1.23
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$8.28
Costs to cover
0.230%
Break-even
11.3 days
Slippage unknown: tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago6.15 bp15.7 bp −$1631.6 bp −$316doesn'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
Aster EWJUSDT0.0000%8h97.644+0.058%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.610+0.023%$1.1M$856K20xas long as short
Bybit EWJUSDT0.0000%8h97.590+0.002%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.580−0.008%$296K$113K20xas long as short
Gate EWJ_USDT0.0000%8h97.540−0.049%$341K$180K25xas long as short
MEXC EWJ_USDT0.0000%8h97.600+0.012%$402K$105K20xas long as short
Bitget EWJUSDT0.0000%8h97.520−0.070%$737K$142K20xas long as short
Variational Omni EWJ0.0000%8h97.511−0.079%$111K$25Kas long as short
GRVT EWJ_USDT_Perp0.0000%8h97.578−0.010%$625K$410K10xas long as short
SunX EWJ-USDT0.0000%8h97.532−0.057%$1K$1.4M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EWJ-USDT0.0000%8h97.633+0.046%$9K$38K20xas long as short
BloFin EWJ-USDT+0.0003%8h97.590+0.002%$43K$68K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.540−0.049%$150K$1.0M20xas long as short
tradeXYZ xyz:EWJlong+0.0136%1h97.588long leg$1.4M$546K20x
Hotstuff EWJ-PERPshort+0.0200%1h97.600+0.012%$34K20x
edgeX EWJUSDC+0.0477%4h97.557−0.032%$595K$232K20xas long as short