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−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.031%
Price spread now: SunX against Aevo+0.090%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 feesneeds both histories
The price spread pays, funding is against you. SunX is 0.090% dearer against Aevo than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo USDJPY-PERP156.750.0104pay 0.0013% / 1h1m 17s$25K10x
ShortSunX USDJPY-USDT156.890get 0.0000% / 1h1m 17s$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$21.84
Price spread: +0.090% → 0.000%
$9.02
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SunX: 4 bp × 2 orders
−$8
Net
−$36.82
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago79.95 bp99.2 bp −$99doesn'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
Hotstuff USDJPY-PERP−0.0800%1h156.88+0.084%$33K50xas long as short
Bitget USDJPYUSDT−0.0455%8h156.94+0.122%$573K$104K100xas long as short
tradeXYZ xyz:JPY−0.0198%1h156.88+0.084%$29.7M$3.4M50xas long as short
Extended USDJPY-USD−0.0064%1h156.95+0.127%$847K$93K25xas long as short
edgeX USDJPYUSDC−0.0046%4h156.90+0.094%$5K$135K50xas long as short
Lighter USDJPY−0.0032%1h156.81+0.040%$550K$348K50xas long as short
Nado USDJPY-PERP−0.0011%1h157.02+0.172%$98K$1K40xas long as short
Bybit USDJPYUSDT0.0000%8h156.77+0.015%$291K$122K100xas long as short
Orderly PERP_USDJPY_USDC0.0000%8h156.94+0.122%$25K$21K50xas long as short
SunX USDJPY-USDTshort0.0000%1h156.89+0.090%$1.7M10x
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USDJPY-USDT0.0000%1h156.74−0.006%$9K$309K20xas long as short
Ondo Perps USDJPY-USD.P+0.0011%1h156.85+0.062%$35K$4K10xas long as short
Pacifica USDJPY+0.0100%1h156.84+0.058%$94K$34K50xas long as short
Aevo USDJPY-PERPlong+0.0104%1h156.75long leg$25K10x
Injective USDJPY/USDC PERP+0.0159%1h157.30+0.350%$25K$87K101xas long as short