Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against Variational Omni+0.042%7-day average −0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.045%+$4 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.042%, 7d avg −0.055%
=Together, before fees−0.029%+ Points / potential airdropVariational Omni: Active · farm board−$3 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 0.097% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni EWJ | 97.519 | 0 | get 0.0000% / 8h | 7h 27m | $109K | $23K | — |
| Short | KuCoin EWJUSDTM | 97.560 | 0.0100 | get 0.0100% / 8h | 7h 27m | $150K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.042% → −0.055%
- $9.71
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $18.71
- Costs to cover
- 0.120%
- Break-even
- 0.8 days
Slippage unknown: Variational Omni: RFQ quote, 7 min ago; KuCoin: live order book, 7 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, 7 min ago | 2.61 bp | doesn't fit | 68.0 bp −$680 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 4.61 bp | 717.8 bp −$718 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX EWJUSDC | −0.0925% | 4h | 97.525 | +0.006% | $595K | $233K | 20x | as long as short |
| Aster EWJUSDT | 0.0000% | 8h | 97.679 | +0.164% | $15K | $962 | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 97.659 | +0.143% | $1.1M | $857K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 97.600 | +0.083% | $191K | $24K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 97.610 | +0.093% | $295K | $113K | 20x | as long as short |
| Gate EWJ_USDT | 0.0000% | 8h | 97.530 | +0.011% | $341K | $179K | 25x | as long as short |
| MEXC EWJ_USDT | 0.0000% | 8h | 97.620 | +0.104% | $403K | $105K | 20x | as long as short |
| Bitget EWJUSDT | 0.0000% | 8h | 97.560 | +0.042% | $738K | $141K | 20x | as long as short |
| Variational Omni EWJlong | 0.0000% | 8h | 97.519 | long leg | $109K | $23K | — | |
| GRVT EWJ_USDT_Perp | 0.0000% | 8h | 97.536 | +0.018% | $626K | $407K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWJ-USDT | 0.0000% | 8h | 97.413 | −0.109% | $1K | $1.4M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 97.509 | −0.010% | $8K | $38K | 20x | as long as short |
| BloFin EWJ-USDT | +0.0010% | 8h | 97.490 | −0.030% | $43K | $68K | 20x | as long as short |
| Hotstuff EWJ-PERP | +0.0024% | 1h | 97.520 | +0.001% | $34K | — | 20x | as long as short |
| KuCoin EWJUSDTMshort | +0.0100% | 8h | 97.560 | +0.042% | $150K | $1.0M | 20x | |
| tradeXYZ xyz:EWJ | +0.0130% | 1h | 97.592 | +0.075% | $1.4M | $545K | 20x | as long as short |
Variational Omni EWJ
KuCoin EWJUSDTM
edgeX EWJUSDC
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
Gate EWJ_USDT
MEXC EWJ_USDT
Bitget EWJUSDT
GRVT EWJ_USDT_Perp
SunX EWJ-USDT
HTX EWJ-USDT
BloFin EWJ-USDT
tradeXYZ xyz:EWJ