Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.044%
Price spread now: HTX against Extended−0.025%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.025%, 7d avg −0.005%
=Together, before fees+0.171%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.020% cheaper against Extended than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of −0.005%). If the spread goes back, that is −$2 on $10k: about 29 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended USDJPY-USD | 157.69 | −0.0056 | get 0.0007% / 1h | 13m 05s | $842K | $82K | 25x |
| Short | HTX USDJPY-USDT | 157.65 | 0 | get 0.0000% / 1h | 13m 05s | $9K | $316K | 20x |
Extended USDJPY-USD
HTX USDJPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $11.76
- Price spread: −0.025% → −0.005%
- −$2.02
- Slippage, 4 orders
- −$114.1
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$121.36
- Costs to cover
- 1.311%
- Break-even
- 79.2 days
Slippage from Extended: live order book, 25 min ago; HTX: live order book, 24 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, 25 min ago | 6.29 bp | 16.0 bp −$16 | 76.9 bp −$769 | doesn't fit | doesn't fit |
| Sell HTX live order book, 24 min ago | 13.33 bp | 50.3 bp −$50 | doesn't fit | 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 | −0.0447% | 8h | 157.43 | −0.165% | $574K | $134K | 100x | as long as short |
| tradeXYZ xyz:JPY | −0.0314% | 1h | 157.61 | −0.051% | $29.4M | $3.0M | 50x | as long as short |
| Pacifica USDJPY | −0.0162% | 1h | 157.53 | −0.102% | $95K | $58K | 50x | as long as short |
| Hotstuff USDJPY-PERP | −0.0128% | 1h | 157.62 | −0.044% | $33K | — | 50x | as long as short |
| edgeX USDJPYUSDC | −0.0105% | 4h | 157.63 | −0.038% | $5K | $135K | 50x | as long as short |
| Ondo Perps USDJPY-USD.P | −0.0098% | 1h | 157.54 | −0.094% | $35K | $4K | 10x | as long as short |
| Lighter USDJPY | −0.0064% | 1h | 157.54 | −0.097% | $553K | $366K | 50x | as long as short |
| Extended USDJPY-USDlong | −0.0056% | 1h | 157.69 | long leg | $842K | $82K | 25x | |
| Nado USDJPY-PERP | −0.0018% | 1h | 157.74 | +0.029% | $98K | $7K | 40x | as long as short |
| Bybit USDJPYUSDT | 0.0000% | 8h | 157.49 | −0.126% | $292K | $152K | 100x | as long as short |
Bitget USDJPYUSDT
tradeXYZ xyz:JPY
Pacifica USDJPY
Hotstuff USDJPY-PERP
edgeX USDJPYUSDC
Ondo Perps USDJPY-USD.P
Lighter USDJPY
Nado USDJPY-PERP
Bybit USDJPYUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 157.68 | −0.006% | $25K | $52K | 50x | as long as short |
| SunX USDJPY-USDT | 0.0000% | 1h | 157.63 | −0.038% | — | $2.4M | 10x | as long as short |
| HTX USDJPY-USDTshort | 0.0000% | 1h | 157.65 | −0.025% | $9K | $316K | 20x | |
| Aevo USDJPY-PERP | +0.0104% | 1h | 157.48 | −0.133% | $25K | $500 | 10x | as long as short |
| Injective USDJPY/USDC PERP | +0.0148% | 1h | 157.79 | +0.064% | $44K | $72K | 101x | as long as short |
Orderly PERP_USDJPY_USDC
SunX USDJPY-USDT
Aevo USDJPY-PERP
Injective USDJPY/USDC PERP