Funding you earn now, next payment 12:00 UTC−0.0884%/8h= −96.8% APRpaid last 24h −0.060%
Price spread now: edgeX against Variational Omni−0.007%7-day average +0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.007%, 7d avg +0.007%
=Together, before fees+0.075%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$27 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.060% in total (about 5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni EWJ | 98.469 | 0 | get 0.0000% / 8h | 4h 51m | $117K | $30K | — |
| Short | edgeX EWJUSDC | 98.462 | −0.0884 | pay 0.0442% / 4h | 51m 18s | $600K | $232K | 20x |
Variational Omni EWJ
edgeX EWJUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Variational Omni. 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
- −$185.69
- Price spread: −0.007% → +0.007%
- −$1.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$196.02
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 56 min ago; edgeX: live order book, 55 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 56 min ago | 3.43 bp | doesn't fit | 95.3 bp −$953 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 55 min ago | 6.60 bp | 11.7 bp −$12 | 21.9 bp −$219 | doesn't fit | doesn't fit |
EWJ on 16 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX EWJUSDCshort | −0.0884% | 4h | 98.462 | −0.007% | $600K | $232K | 20x | |
| Aster EWJUSDT | 0.0000% | 8h | 98.336 | −0.135% | $18K | $4K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 98.380 | −0.090% | $188K | $103K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 98.420 | −0.050% | $299K | $125K | 20x | as long as short |
| Gate EWJ_USDT | 0.0000% | 8h | 98.390 | −0.080% | $350K | $218K | 25x | as long as short |
| Bitget EWJUSDT | 0.0000% | 8h | 98.400 | −0.070% | $739K | $200K | 20x | as long as short |
| Variational Omni EWJlong | 0.0000% | 8h | 98.469 | long leg | $117K | $30K | — | |
| SunX EWJ-USDT | 0.0000% | 8h | 98.408 | −0.062% | $2K | $1.5M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 98.248 | −0.224% | $8K | $38K | 20x | as long as short |
| BloFin EWJ-USDT | +0.0010% | 8h | 98.430 | −0.040% | $44K | $69K | 20x | as long as short |
Aster EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
Gate EWJ_USDT
Bitget EWJUSDT
SunX EWJ-USDT
HTX EWJ-USDT
BloFin EWJ-USDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EWJ_USDT | +0.0069% | 8h | 98.390 | −0.080% | $687K | $272K | 20x | as long as short |
| Binance EWJUSDT | +0.0072% | 8h | 98.420 | −0.050% | $1.1M | $1.1M | 20x | as long as short |
| KuCoin EWJUSDTM | +0.0100% | 8h | 98.410 | −0.060% | $160K | $1.1M | 20x | as long as short |
| tradeXYZ xyz:EWJ | +0.0227% | 1h | 98.406 | −0.064% | $1.5M | $664K | 20x | as long as short |
| Hotstuff EWJ-PERP | +0.0712% | 1h | 98.450 | −0.019% | $35K | — | 20x | as long as short |
| GRVT EWJ_USDT_Perp | +0.0738% | 8h | 98.459 | −0.010% | $631K | $420K | 10x | as long as short |
MEXC EWJ_USDT
Binance EWJUSDT
KuCoin EWJUSDTM
tradeXYZ xyz:EWJ
Hotstuff EWJ-PERP
GRVT EWJ_USDT_Perp