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

USDJPY

RWAall USDJPY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h −0.071%
Price spread now: Extended against Aevo+0.111%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.111% dearer against Aevo than usual: you sell high and buy low (spread +0.111% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo USDJPY-PERP156.940.0104pay 0.0013% / 1h19m 42s$25K10x
ShortExtended USDJPY-USD157.12−0.0032pay 0.0004% / 1h19m 42s$847K$93K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aevo. 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
−$28.56
Price spread: +0.111% → 0.000%
$11.12
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$38.44
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 31 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 Aevo no order-book sample
Sell Extended live order book, 31 min ago7.10 bp13.5 bp −$14doesn't fitdoesn't fitdoesn't fit
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

USDJPY on 15 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USDJPYUSDT−0.0506%8h157.09+0.093%$573K$104K100xas long as short
tradeXYZ xyz:JPY−0.0244%1h157.04+0.061%$29.7M$3.3M50xas long as short
edgeX USDJPYUSDC−0.0170%4h157.06+0.077%$5K$134K50xas long as short
Hotstuff USDJPY-PERP−0.0056%1h157.05+0.067%$33K50xas long as short
Lighter USDJPY−0.0040%1h156.98+0.022%$550K$348K50xas long as short
Ondo Perps USDJPY-USD.P−0.0038%1h156.98+0.023%$35K$4K10xas long as short
Extended USDJPY-USDshort−0.0032%1h157.12+0.111%$847K$93K25x
Nado USDJPY-PERP−0.0016%1h157.19+0.157%$98K$1K40xas long as short
Bybit USDJPYUSDT0.0000%8h157.04+0.061%$291K$124K100xas long as short
Orderly PERP_USDJPY_USDC0.0000%8h157.14+0.125%$25K$21K50xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX USDJPY-USDT0.0000%1h157.04+0.061%$1.8M10xas long as short
HTX USDJPY-USDT0.0000%1h156.87−0.047%$9K$310K20xas long as short
Pacifica USDJPY+0.0100%1h157.06+0.074%$94K$34K50xas long as short
Aevo USDJPY-PERPlong+0.0104%1h156.94long leg$25K10x
Injective USDJPY/USDC PERP+0.0159%1h157.30+0.225%$25K$87K101xas long as short