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 11:00 UTC+0.0286%/8h= +31.3% APRpaid last 24h +0.007%
Price spread now: Pacifica against edgeX−0.009%52s7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Pacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX USDJPYUSDC156.98−0.0186get 0.0093% / 4h1h 30m$5K$135K50x
ShortPacifica USDJPY156.970.0100get 0.0013% / 1h30m 35s$94K$34K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against edgeX. 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
$60.06
Price spread: −0.009% → 0.000%
−$0.92
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$42.15
Costs to cover
0.170%
Break-even
2.1 days
Slippage unknown: edgeX: live order book, 14 min ago; Pacifica: 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 14 min ago1.59 bp6.2 bp −$612.5 bp −$125doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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%1h157.00+0.010%$33K50xas long as short
Bitget USDJPYUSDT−0.0382%8h157.06+0.048%$573K$107K100xas long as short
edgeX USDJPYUSDClong−0.0186%4h156.98long leg$5K$135K50x
tradeXYZ xyz:JPY−0.0162%1h156.99+0.004%$29.7M$3.3M50xas long as short
Extended USDJPY-USD−0.0136%1h157.06+0.049%$847K$96K25xas long as short
Lighter USDJPY−0.0072%1h156.91−0.050%$582K$380K50xas long as short
Nado USDJPY-PERP−0.0006%1h157.13+0.090%$98K$1K40xas long as short
Bybit USDJPYUSDT0.0000%8h156.82−0.102%$291K$122K100xas long as short
Orderly PERP_USDJPY_USDC0.0000%8h157.07+0.055%$25K$21K50xas long as short
SunX USDJPY-USDT0.0000%1h156.98−0.003%$1.7M10xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USDJPY-USDT0.0000%1h156.97−0.009%$9K$309K20xas long as short
Ondo Perps USDJPY-USD.P+0.0050%1h156.96−0.014%$35K$4K10xas long as short
Pacifica USDJPYshort+0.0100%1h156.97−0.009%$94K$34K50x
Aevo USDJPY-PERP+0.0104%1h156.85−0.087%$25K$50010xas long as short
Injective USDJPY/USDC PERP+0.0208%1h157.30+0.199%$25K$87K101xas long as short