USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0219%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.085%

Price spread now: tradeXYZ against Aevo+0.151%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 tradeXYZ

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 airdroptradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. tradeXYZ is 0.151% dearer against Aevo than usual: you sell high and buy low (spread +0.151% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo USDJPY-PERP	156.87	0.0104	pay 0.0013% / 1h	44m 36s	$25K	$500	10x
Short	tradeXYZ xyz:JPY	157.11	−0.0115	pay 0.0014% / 1h	44m 36s	$29.7M	$3.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.151%Rate

Funding earned: −$45.91
Price spread: +0.151% → 0.000%: $15.15
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$64.76
Costs to cover: 0.340%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; tradeXYZ: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 8 min ago	1.27 bp	11.3 bp −$11	16.6 bp −$166	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended USDJPY-USD	−0.0272%	1h	157.17	+0.192%	$849K	$89K	25x	as long as short
Bitget USDJPYUSDT	−0.0260%	8h	157.14	+0.171%	$574K	$107K	100x	as long as short
Lighter USDJPY	−0.0216%	1h	156.97	+0.065%	$603K	$388K	50x	as long as short
tradeXYZ xyz:JPYshort	−0.0115%	1h	157.11	+0.151%	$29.7M	$3.3M	50x
edgeX USDJPYUSDC	−0.0025%	4h	157.05	+0.111%	$8K	$138K	50x	as long as short
Nado USDJPY-PERP	−0.0017%	1h	157.24	+0.231%	$98K	$1K	40x	as long as short
Bybit USDJPYUSDT	0.0000%	8h	156.89	+0.009%	$291K	$123K	100x	as long as short
Orderly PERP_USDJPY_USDC	0.0000%	8h	157.17	+0.190%	$24K	$21K	50x	as long as short
SunX USDJPY-USDT	0.0000%	1h	157.09	+0.139%	—	$1.6M	10x	as long as short
HTX USDJPY-USDT	0.0000%	1h	156.94	+0.043%	$9K	$308K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps USDJPY-USD.P	+0.0050%	1h	157.01	+0.090%	$35K	$4K	10x	as long as short
Hotstuff USDJPY-PERP	+0.0072%	1h	157.07	+0.126%	$33K	—	50x	as long as short
Pacifica USDJPY	+0.0100%	1h	157.11	+0.151%	$94K	$24K	50x	as long as short
Aevo USDJPY-PERPlong	+0.0104%	1h	156.87	long leg	$25K	$500	10x
Injective USDJPY/USDC PERP	+0.0143%	1h	157.08	+0.133%	$25K	$87K	101x	as long as short