TradePortfolio

iShares MSCI Japan ETF (EWJ) Funding Rate History

iShares MSCI Japan ETF (EWJ) perpetual futures funding ranges from -8.00 bps on CRYPTOCOM to 1.50 bps on GRVT across 13 reporting venues, a spread of 9.50 bps. The most extreme rate (-87.60% APY annualized) is on CRYPTOCOM. Currently funding signs are mixed: 6 positive, 2 negative.

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on EWJ price.

EWJ Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
CRYPTOCOM-8.00 bps-87.60% APY4.00 bps$47.56
TRADEXYZ-2.00 bps-21.90% APY0.00 bps$864.02K
GRVT1.50 bps16.42% APY0.50 bps$899.98K
BINGX1.00 bps10.95% APY-0.10 bps$1.63M
KUCOIN1.00 bps10.95% APY1.30 bps$301.89K
GATEIO1.00 bps10.95% APY1.00 bps$72.95K
HUOBI1.00 bps10.95% APY1.00 bps$35.75K
HOTSTUFF0.60 bps6.57% APY1.40 bps$484.52K
BINANCE0.00 bps0.00% APY0.30 bps$1.24M
OKX0.00 bps0.00% APY0.20 bps$253.56K
VARIATIONAL0.00 bps0.00% APY0.30 bps$64.52K
PHEMEX0.00 bps0.00% APYn/a$7.21K
ASTER0.00 bps0.00% APYn/a$494.80

Last updated 2026-07-10T11:55:57Z (UTC).

Loading EWJ funding history...