Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

USDJPY

RWAAll USDJPY markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
HTXUSDJPY-USDT
158.0900.0000% / 1h43m 15s$14K$154K20xLong HTX
SHORT
AvantisUSD/JPY
157.92L +0.0027S +0.0028pay 0.0004% / 1h43m 15s$7.1M—500xShort Avantis
Price gap−0.108%
Funding gap−0.0028% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.092% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$6−0.0028% /8h now · paid −0.058% over the last 7D
Price−$9spread −0.108% now, avg −0.016% → −0.092% if it goes back
Costsno datano order book for Avantis
Result, before costs−$15−0.15%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.108%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

USDJPY on 15 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$500 + $20
    HTX 20x, Avantis 500x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$0.84Long HTX: 24 payments, $0.00; short Avantis: 24 payments, −$0.84.
  • Watch: Gap narrower than usual−0.108% vs −0.016%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$14K vs $7.1M OI
    HTX sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • Watch: KYCHTX Limited · Avantis No
    No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0028%/8h × 21 periods−$5.80
Price spread−0.108% → −0.016% (7d avg)−$9.25
Slippage, 4 ordersno data for Avantis—
Fee HTX bp × 2 orders−$12.00
Fee Avantis bp × 2 orders−$4.00
Net, fees only · 7 days · $10k−$31.05
Costs to cover0.160%Break-evennever at this rate
Slippage: HTX: live order book, 40 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGHTX9.1832.3 bp−$32doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

USDJPY news

posts that mention USDJPY, from every exchangeSearch all news →
09-30 18:40HotstuffListingUSDJPY-PERP no longer reported ($USDJPY) seen by our collector
09-21 11:50BybitOtherDon't miss the next big moves for @Bybit_Learn's "3 Assets to Watch"! ICYMI: Last week, GBPUSD and USDJPY perfectly respected @Bybit_Learn's targets. Catch up here: #Bybit @Bybit_Official on X ↗
09-17 23:20AevoListingForex just joined the Aevo portfolio. EURUSD, USDJPY, and USDKRW forex perps are now live with up to 10x leverage. Long or short all three using the same account and collateral pool as the rest of your Aevo positions. @aevoxyz on X ↗