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

EWJ

RWAall EWJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.035%
Price spread now: GRVT against Variational Omni+0.002%7-day average −0.017% · 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)+0.035%+$4 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.002%, 7d avg −0.017%
Together, before fees+0.067%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EWJ97.6820get 0.0000% / 8h23m 29s$110K$22K
ShortGRVT EWJ_USDT_Perp97.6840get 0.0000% / 8h23m 29s$626K$403K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.002% → −0.017%
$1.89
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$7.11
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 15 min ago; GRVT: live order book, 14 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 Variational Omni RFQ quote, 15 min ago3.44 bpdoesn't fit79.0 bp −$790doesn't fitdoesn't fit
Sell GRVT live order book, 14 min ago2.05 bp27.9 bp −$28126.3 bp −$1,263doesn'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
edgeX EWJUSDC−0.0660%4h97.668−0.014%$595K$232K20xas long as short
Gate EWJ_USDT−0.0146%8h97.650−0.033%$345K$194K25xas long as short
Aster EWJUSDT0.0000%8h97.686+0.004%$15K$96220xas long as short
Binance EWJUSDT0.0000%8h97.700+0.019%$1.1M$866K20xas long as short
Bybit EWJUSDT0.0000%8h97.700+0.019%$191K$24K25xas long as short
OKX EWJ-USDT-SWAP0.0000%8h97.690+0.008%$296K$113K20xas long as short
MEXC EWJ_USDT0.0000%8h97.700+0.019%$403K$105K20xas long as short
Bitget EWJUSDT0.0000%8h97.720+0.039%$746K$142K20xas long as short
Variational Omni EWJlong0.0000%8h97.682long leg$110K$22K
GRVT EWJ_USDT_Perpshort0.0000%8h97.684+0.002%$626K$403K10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX EWJ-USDT0.0000%8h97.656−0.027%$2K$1.4M20xas long as short
HTX EWJ-USDT0.0000%8h97.533−0.152%$8K$38K20xas long as short
BloFin EWJ-USDT+0.0021%8h97.700+0.019%$43K$68K20xas long as short
tradeXYZ xyz:EWJ+0.0066%1h97.722+0.041%$1.5M$545K20xas long as short
KuCoin EWJUSDTM+0.0100%8h97.610−0.074%$150K$1.0M20xas long as short
Hotstuff EWJ-PERP+0.0520%1h97.710+0.029%$34K20xas long as short