USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.033%

Price spread now: Ondo Perps against Aevo+0.049%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Ondo Perps

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Ondo Perps is 0.049% dearer against Aevo than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo USDJPY-PERP	157.50	0.0104	pay 0.0013% / 1h	34m 46s	$25K	$500	10x
Short	Ondo Perps USDJPY-USD.P	157.57	0.0050	get 0.0006% / 1h	34m 46s	$35K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Position, each leg$Hold fordaysFee AevobpFee Ondo PerpsbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$11.26
Price spread: +0.049% → 0.000%: $4.91
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$27.34
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Ondo Perps: no order-book sample. 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 Aevo no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Aevo and Ondo Perps: 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 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
Bitget USDJPYUSDT	−0.0650%	8h	157.43	−0.043%	$574K	$135K	100x	as long as short
edgeX USDJPYUSDC	−0.0134%	4h	157.65	+0.096%	$5K	$134K	50x	as long as short
tradeXYZ xyz:JPY	−0.0088%	1h	157.63	+0.084%	$29.5M	$3.2M	50x	as long as short
Lighter USDJPY	−0.0040%	1h	157.54	+0.028%	$553K	$356K	50x	as long as short
Nado USDJPY-PERP	−0.0016%	1h	157.75	+0.159%	$98K	$1K	40x	as long as short
Pacifica USDJPY	−0.0014%	1h	157.63	+0.084%	$95K	$59K	50x	as long as short
Bybit USDJPYUSDT	0.0000%	8h	157.54	+0.026%	$291K	$129K	100x	as long as short
Orderly PERP_USDJPY_USDC	0.0000%	8h	157.70	+0.128%	$25K	$52K	50x	as long as short
SunX USDJPY-USDT	0.0000%	1h	157.63	+0.084%	—	$2.3M	10x	as long as short
HTX USDJPY-USDT	0.0000%	1h	157.67	+0.109%	$9K	$314K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended USDJPY-USD	+0.0032%	1h	157.70	+0.128%	$843K	$82K	25x	as long as short
Hotstuff USDJPY-PERP	+0.0040%	1h	157.64	+0.090%	$33K	—	50x	as long as short
Ondo Perps USDJPY-USD.Pshort	+0.0050%	1h	157.57	+0.049%	$35K	$4K	10x
Aevo USDJPY-PERPlong	+0.0104%	1h	157.50	long leg	$25K	$500	10x
Injective USDJPY/USDC PERP	+0.0136%	1h	157.80	+0.189%	$44K	$72K	101x	as long as short