ArbiLayer

EWJ arbitrage

live

Live EWJ price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.05%Gate → Binance · Perp–Perp
Best perp–perp spread+0.11%Gate → Binance
Markets tracked1010 venues · 10 perp · 0 spot · 0 DEX
Price range0.20%$97.88 – $98.08

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$97.95Binance logoBinance$98.06 +0.11%-0.05% +0.11%— 0.000%— LS Chart →
Gate logoGate$97.95Bybit logoBybit$98.03 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
Gate logoGate$97.95Bitget logoBitget$98.03 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
KuCoin logoKuCoin$98.00Binance logoBinance$98.06 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
HTX logoHTX$98.00Binance logoBinance$98.06 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Gate logoGate$97.95MEXC logoMEXC$98.00 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
OKX logoOKX$98.01Binance logoBinance$98.06 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
KuCoin logoKuCoin$98.00Bybit logoBybit$98.03 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
KuCoin logoKuCoin$98.00Bitget logoBitget$98.03 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
HTX logoHTX$98.00Bybit logoBybit$98.03 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
HTX logoHTX$98.00Bitget logoBitget$98.03 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
OKX logoOKX$98.01Bybit logoBybit$98.03 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
OKX logoOKX$98.01Bitget logoBitget$98.03 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Bybit logoBybit$98.04Binance logoBinance$98.06 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Bitget logoBitget$98.04Binance logoBinance$98.06 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

EWJ price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · EWJUSDTMPerpetual $97.85$98.00$97.93-0.11% 0.000%$1.65M
Gate logoGatePerpetual · EWJ_USDTPerpetual $97.94$97.95$97.95-0.09% 0.000%$133.0K
OKX logoOKXPerpetual · EWJ-USDT-SWAPPerpetual $97.96$98.01$97.99-0.05% 0.000%$120.3K
MEXC logoMEXCPerpetual · EWJ_USDTPerpetual $98.00$98.07$98.040.00% 0.000%$98.2K
Variational logoVariationalPerpetual · EWJPerpetual $97.97$98.13$98.05+0.01% 0.000%$84.5K
Bybit logoBybitPerpetual · EWJUSDTPerpetual $98.03$98.04$98.040.00% 0.000%$72.3K
Bitget logoBitgetPerpetual · EWJUSDTPerpetual $98.03$98.04$98.040.00% 0.000%$64.6K
HTX logoHTXPerpetual · EWJ-USDTPerpetual $97.76$98.00$97.88-0.16% 0.000%$61.6K
Binance logoBinancePerpetual · EWJUSDTPerpetual $98.06$98.07$98.07+0.03% 0.000%—
Aster logoAsterPerpetual · EWJUSDTPerpetual $97.56$98.60$98.08+0.05% 0.000%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

EWJ arbitrage explained

Right now EWJ trades on 10 venues we scan: 10 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $97.95 and the highest bid on Binance perp at $98.06.

The widest EWJ perpetual spread is between Gate and Binance: long EWJ on Gate at $97.95 and short on Binance at $98.06 for +0.11% gross, or -0.05% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

Small EWJ gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: EWJ funding rates · EWJ spread charts · arbitrage scanner for all coins.

Is there a EWJ arbitrage opportunity right now?

The best EWJ route right now is to buy on Gate → sell on Binance (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest EWJ?

Gate (perp) has the lowest EWJ ask at $97.95, and Binance (perp) the highest bid at $98.06. Prices update every 15 seconds on this page.

How many exchanges list EWJ?

ArbiLayer tracks 10 EWJ markets on 10 venues: 10 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage EWJ without transferring coins?

Use two perpetual contracts: go long EWJ on the cheaper exchange (Gate now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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