USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.046%

Price spread now: Injective against HTX+0.213%65s7-day average — · you sell dearer than you buy

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

Long on HTX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.213% dearer against HTX than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 65 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	HTX USDJPY-USDT	156.87	0	get 0.0000% / 1h	4m 08s	$9K	$313K	20x
Short	Injective USDJPY/USDC PERP	157.20	0.0136	get 0.0017% / 1h	4m 08s	$44K	$78K	101x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against HTX. 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 HTXbpFee InjectivebpOrdersPrice spread, now +0.213%Rate

Funding earned: $28.55
Price spread: +0.213% → 0.000%: $21.29
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $37.82
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: HTX: live order book, 28 min ago; Injective: 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 HTX live order book, 28 min ago	12.38 bp	54.9 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 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	−0.0657%	8h	157.03	+0.102%	$573K	$120K	100x	as long as short
edgeX USDJPYUSDC	−0.0151%	4h	156.81	−0.037%	$5K	$135K	50x	as long as short
tradeXYZ xyz:JPY	−0.0101%	1h	156.90	+0.019%	$29.3M	$3.5M	50x	as long as short
Lighter USDJPY	−0.0056%	1h	156.83	−0.023%	$551K	$360K	50x	as long as short
Extended USDJPY-USD	−0.0032%	1h	156.99	+0.076%	$846K	$92K	25x	as long as short
Pacifica USDJPY	−0.0014%	1h	156.87	0.000%	$94K	$34K	50x	as long as short
Nado USDJPY-PERP	−0.0013%	1h	157.02	+0.097%	$98K	$1K	40x	as long as short
Hotstuff USDJPY-PERP	−0.0008%	1h	156.90	+0.019%	$33K	—	50x	as long as short
Bybit USDJPYUSDT	0.0000%	8h	156.84	−0.022%	$282K	$131K	100x	as long as short
Orderly PERP_USDJPY_USDC	0.0000%	8h	156.98	+0.070%	$25K	$52K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX USDJPY-USDT	0.0000%	1h	156.85	−0.013%	—	$2.1M	10x	as long as short
HTX USDJPY-USDTlong	0.0000%	1h	156.87	long leg	$9K	$313K	20x
Ondo Perps USDJPY-USD.P	+0.0050%	1h	156.96	+0.058%	$35K	$4K	10x	as long as short
Aevo USDJPY-PERP	+0.0104%	1h	156.76	−0.069%	$25K	—	10x	as long as short
Injective USDJPY/USDC PERPshort	+0.0136%	1h	157.20	+0.213%	$44K	$78K	101x