Funding you earn now, next payment 09:00 UTC−0.0129%/8h= −14.2% APRpaid last 24h +0.023%
Price spread now: edgeX against Extended−0.189%73s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.457% of the position
Funding, last 6 days (all we have)+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.189%, 7d avg −0.005%
=Together, before fees+0.212%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.184% cheaper against Extended than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.005%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.078%, so the current rate has only just turned against you. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended USDJPY-USD | 157.12 | −0.0040 | get 0.0005% / 1h | 0m 09s | $847K | $93K | 25x |
| Short | edgeX USDJPYUSDC | 156.82 | −0.0169 | pay 0.0085% / 4h | 3h 00m | $5K | $135K | 50x |
Extended USDJPY-USD
edgeX USDJPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.18
- Price spread: −0.189% → −0.005%
- −$18.39
- Slippage, 4 orders
- −$31.65
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$91.23
- Costs to cover
- 0.457%
- Break-even
- never at this rate
Slippage from Extended: live order book, 33 min ago; edgeX: live order book, 31 min ago.
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 Extended live order book, 33 min ago | 1.71 bp | 14.3 bp −$14 | 67.8 bp −$678 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 31 min ago | 2.22 bp | 6.8 bp −$7 | 13.3 bp −$133 | doesn't fit | doesn't fit |
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 USDJPYUSDT | −0.0643% | 8h | 157.13 | +0.005% | $573K | $110K | 100x | as long as short |
| edgeX USDJPYUSDCshort | −0.0169% | 4h | 156.82 | −0.189% | $5K | $135K | 50x | |
| tradeXYZ xyz:JPY | −0.0105% | 1h | 157.04 | −0.052% | $29.4M | $3.5M | 50x | as long as short |
| Lighter USDJPY | −0.0064% | 1h | 156.97 | −0.099% | $551K | $360K | 50x | as long as short |
| Extended USDJPY-USDlong | −0.0040% | 1h | 157.12 | long leg | $847K | $93K | 25x | |
| Pacifica USDJPY | −0.0014% | 1h | 156.97 | −0.097% | $94K | $34K | 50x | as long as short |
| Nado USDJPY-PERP | −0.0013% | 1h | 157.15 | +0.015% | $98K | $1K | 40x | as long as short |
| Bybit USDJPYUSDT | 0.0000% | 8h | 156.81 | −0.200% | $282K | $130K | 100x | as long as short |
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 157.11 | −0.008% | $25K | $52K | 50x | as long as short |
| SunX USDJPY-USDT | 0.0000% | 1h | 156.98 | −0.090% | — | $2.1M | 10x | as long as short |
Bitget USDJPYUSDT
tradeXYZ xyz:JPY
Lighter USDJPY
Pacifica USDJPY
Nado USDJPY-PERP
Bybit USDJPYUSDT
Orderly PERP_USDJPY_USDC
SunX USDJPY-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX USDJPY-USDT | 0.0000% | 1h | 156.95 | −0.109% | $9K | $313K | 20x | as long as short |
| Hotstuff USDJPY-PERP | +0.0048% | 1h | 157.02 | −0.065% | $33K | — | 50x | as long as short |
| Ondo Perps USDJPY-USD.P | +0.0050% | 1h | 156.92 | −0.127% | $35K | $4K | 10x | as long as short |
| Aevo USDJPY-PERP | +0.0104% | 1h | 156.88 | −0.156% | $25K | — | 10x | as long as short |
| Injective USDJPY/USDC PERP | +0.0136% | 1h | 157.12 | −0.002% | $44K | $78K | 101x | as long as short |
HTX USDJPY-USDT
Hotstuff USDJPY-PERP
Ondo Perps USDJPY-USD.P
Aevo USDJPY-PERP
Injective USDJPY/USDC PERP