Settings8H · net · $10k
Funding arb · Price arb /

USDJPY

RWAall USDJPY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.071%
Price spread now: Aevo against Extended−0.111%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.111% cheaper against Extended than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.7 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended USDJPY-USD157.12−0.0032get 0.0004% / 1h19m 42s$847K$93K25x
ShortAevo USDJPY-PERP156.940.0104get 0.0013% / 1h19m 42s$25K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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
$28.56
Price spread: −0.111% → 0.000%
−$11.1
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$3.54
Costs to cover
0.210%
Break-even
7.9 days
Slippage unknown: Extended: live order book, 31 min ago; Aevo: 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 Extended live order book, 31 min ago7.10 bp15.2 bp −$1571.2 bp −$712doesn't fitdoesn't fit
Sell Aevo no order-book sample
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
Bitget USDJPYUSDT−0.0506%8h157.09−0.018%$573K$104K100xas long as short
tradeXYZ xyz:JPY−0.0244%1h157.04−0.050%$29.7M$3.3M50xas long as short
edgeX USDJPYUSDC−0.0170%4h157.06−0.034%$5K$134K50xas long as short
Hotstuff USDJPY-PERP−0.0056%1h157.05−0.044%$33K50xas long as short
Lighter USDJPY−0.0040%1h156.98−0.089%$550K$348K50xas long as short
Ondo Perps USDJPY-USD.P−0.0038%1h156.98−0.088%$35K$4K10xas long as short
Extended USDJPY-USDlong−0.0032%1h157.12long leg$847K$93K25x
Nado USDJPY-PERP−0.0016%1h157.19+0.046%$98K$1K40xas long as short
Bybit USDJPYUSDT0.0000%8h157.04−0.050%$291K$124K100xas long as short
Orderly PERP_USDJPY_USDC0.0000%8h157.14+0.013%$25K$21K50xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX USDJPY-USDT0.0000%1h157.04−0.050%$1.8M10xas long as short
HTX USDJPY-USDT0.0000%1h156.87−0.158%$9K$310K20xas long as short
Pacifica USDJPY+0.0100%1h157.06−0.038%$94K$34K50xas long as short
Aevo USDJPY-PERPshort+0.0104%1h156.94−0.111%$25K10x
Injective USDJPY/USDC PERP+0.0159%1h157.30+0.113%$25K$87K101xas long as short