USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.037%

Price spread now: Nado against Extended+0.026%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Nado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Nado is 0.026% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended USDJPY-USD	156.85	−0.0024	get 0.0003% / 1h	56m 21s	$847K	$95K	25x
Short	Nado USDJPY-PERP	156.89	−0.0014	pay 0.0002% / 1h	56m 21s	$98K	$1K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee NadobpOrdersPrice spread, now +0.026%Rate

Funding earned: $2.17
Price spread: +0.026% → 0.000%: $2.58
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Nado: 0.7 bp × 2 orders: −$1.4
Net: −$1.65
Costs to cover: 0.064%
Break-even: 12.3 days

Slippage unknown: Extended: live order book, 54 min ago; Nado: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 54 min ago	7.10 bp	15.2 bp −$15	71.2 bp −$712	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff USDJPY-PERP	−0.0800%	1h	156.82	−0.018%	$33K	—	50x	as long as short
Bitget USDJPYUSDT	−0.0440%	8h	156.88	+0.020%	$573K	$104K	100x	as long as short
tradeXYZ xyz:JPY	−0.0110%	1h	156.77	−0.050%	$29.6M	$3.3M	50x	as long as short
edgeX USDJPYUSDC	−0.0087%	4h	156.89	+0.026%	$5K	$135K	50x	as long as short
Lighter USDJPY	−0.0048%	1h	156.70	−0.095%	$549K	$348K	50x	as long as short
Extended USDJPY-USDlong	−0.0024%	1h	156.85	long leg	$847K	$95K	25x
Nado USDJPY-PERPshort	−0.0014%	1h	156.89	+0.026%	$98K	$1K	40x
Bybit USDJPYUSDT	0.0000%	8h	156.77	−0.049%	$291K	$122K	100x	as long as short
Orderly PERP_USDJPY_USDC	0.0000%	8h	156.84	−0.005%	$25K	$21K	50x	as long as short
SunX USDJPY-USDT	0.0000%	1h	156.76	−0.056%	—	$1.7M	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX USDJPY-USDT	0.0000%	1h	156.72	−0.082%	$9K	$309K	20x	as long as short
Ondo Perps USDJPY-USD.P	+0.0050%	1h	156.74	−0.069%	$35K	$4K	10x	as long as short
Pacifica USDJPY	+0.0100%	1h	156.77	−0.048%	$94K	$34K	50x	as long as short
Aevo USDJPY-PERP	+0.0104%	1h	156.64	−0.134%	$25K	—	10x	as long as short
Injective USDJPY/USDC PERP	+0.0208%	1h	157.30	+0.286%	$25K	$87K	101x	as long as short