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 09:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h +0.019%
Price spread now: SunX against edgeX−0.018%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2132.129% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.059%+$6 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.018%, 7d avg −0.001%
Together, before fees+0.123%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX USDJPYUSDC157.64−0.0111get 0.0056% / 4h3h 32m$5K$135K50x
ShortSunX USDJPY-USDT157.610get 0.0000% / 1h32m 47s$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$23.34
Price spread: −0.018% → −0.001%
−$1.72
Slippage, 4 orders
−$195.9
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$191.28
Costs to cover
2.129%
Break-even
64.4 days
Slippage from edgeX: live order book, 64 min ago; SunX: live order book, 4 min ago.

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, 64 min ago2.22 bp6.8 bp −$713.9 bp −$139doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago81.20 bp100.1 bp −$100doesn't fitdoesn't fitdoesn't fit

USDJPY on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USDJPYUSDT−0.0658%8h157.43−0.133%$574K$135K100xas long as short
edgeX USDJPYUSDClong−0.0111%4h157.64long leg$5K$135K50x
tradeXYZ xyz:JPY−0.0091%1h157.62−0.012%$29.5M$3.2M50xas long as short
Lighter USDJPY−0.0040%1h157.52−0.078%$553K$356K50xas long as short
Nado USDJPY-PERP−0.0017%1h157.74+0.063%$98K$1K40xas long as short
Pacifica USDJPY−0.0014%1h157.63−0.006%$95K$59K50xas long as short
Bybit USDJPYUSDT0.0000%8h157.54−0.064%$291K$128K100xas long as short
Orderly PERP_USDJPY_USDC0.0000%8h157.68+0.026%$25K$52K50xas long as short
SunX USDJPY-USDTshort0.0000%1h157.61−0.018%$2.3M10x
HTX USDJPY-USDT0.0000%1h157.70+0.039%$9K$314K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended USDJPY-USD+0.0032%1h157.69+0.030%$843K$82K25xas long as short
Hotstuff USDJPY-PERP+0.0048%1h157.62−0.012%$33K50xas long as short
Ondo Perps USDJPY-USD.P+0.0050%1h157.54−0.063%$35K$4K10xas long as short
Aevo USDJPY-PERP+0.0104%1h157.47−0.104%$25K10xas long as short
Injective USDJPY/USDC PERP+0.0136%1h157.80+0.100%$44K$72K101xas long as short