USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0393%/8h= +43.0% APRnext payment +$3.93 per $10,000 · paid last 24h 0.000%

Price spread now: Orderly against Bitget+0.191%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.895%−$90 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Orderly is 0.191% dearer against Bitget than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.895%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget USDJPYUSDT	157.43	−0.0393	get 0.0393% / 8h	23m 30s	$574K	$134K	100x
Short	Orderly PERP_USDJPY_USDC	157.73	0	get 0.0000% / 8h	23m 30s	$25K	$52K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now +0.191%Rate

Funding earned: $82.53
Price spread: +0.191% → 0.000%: $19.06
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $83.59
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Bitget: live order book, 12 min ago; Orderly: 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 Bitget live order book, 12 min ago	0.32 bp	6.3 bp −$6	13.8 bp −$138	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 USDJPYUSDTlong	−0.0393%	8h	157.43	long leg	$574K	$134K	100x
tradeXYZ xyz:JPY	−0.0357%	1h	157.60	+0.108%	$29.4M	$3.0M	50x	as long as short
Hotstuff USDJPY-PERP	−0.0176%	1h	157.61	+0.114%	$33K	—	50x	as long as short
Pacifica USDJPY	−0.0162%	1h	157.45	+0.010%	$95K	$63K	50x	as long as short
Ondo Perps USDJPY-USD.P	−0.0144%	1h	157.56	+0.083%	$35K	$4K	10x	as long as short
Extended USDJPY-USD	−0.0104%	1h	157.75	+0.201%	$842K	$82K	25x	as long as short
Lighter USDJPY	−0.0064%	1h	157.56	+0.084%	$552K	$358K	50x	as long as short
edgeX USDJPYUSDC	−0.0052%	4h	157.58	+0.098%	$5K	$134K	50x	as long as short
Nado USDJPY-PERP	−0.0018%	1h	157.78	+0.220%	$98K	$7K	40x	as long as short
Bybit USDJPYUSDT	0.0000%	8h	157.28	−0.097%	$282K	$142K	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_USDJPY_USDCshort	0.0000%	8h	157.73	+0.191%	$25K	$52K	50x
SunX USDJPY-USDT	0.0000%	1h	157.58	+0.095%	—	$2.4M	10x	as long as short
HTX USDJPY-USDT	0.0000%	1h	157.63	+0.127%	$9K	$316K	20x	as long as short
Aevo USDJPY-PERP	+0.0104%	1h	157.50	+0.044%	$25K	$500	10x	as long as short
Injective USDJPY/USDC PERP	+0.0148%	1h	157.79	+0.229%	$44K	$72K	101x	as long as short