Funding you earn now, next payment 07:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Nado against HTX+0.136%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Nado is 0.136% dearer against HTX than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX USDJPY-USDT | 157.48 | 0 | get 0.0000% / 1h | 5m 48s | $9K | $317K | 20x |
| Short | Nado USDJPY-PERP | 157.69 | −0.0017 | pay 0.0002% / 1h | 5m 48s | $98K | $7K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against HTX. 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
- −$3.56
- Price spread: +0.136% → 0.000%
- $13.64
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- −$3.33
- Costs to cover
- 0.134%
- Break-even
- from the start
Slippage unknown: HTX: live order book, 36 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 HTX live order book, 36 min ago | 13.97 bp | 98.3 bp −$98 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:JPY | −0.0307% | 1h | 157.51 | +0.019% | $29.3M | $3.1M | 50x | as long as short |
| Bitget USDJPYUSDT | −0.0156% | 8h | 157.43 | −0.032% | $574K | $153K | 100x | as long as short |
| Hotstuff USDJPY-PERP | −0.0120% | 1h | 157.50 | +0.013% | $33K | — | 50x | as long as short |
| Ondo Perps USDJPY-USD.P | −0.0101% | 1h | 157.50 | +0.016% | $35K | $7K | 10x | as long as short |
| Lighter USDJPY | −0.0080% | 1h | 157.49 | +0.004% | $552K | $360K | 50x | as long as short |
| edgeX USDJPYUSDC | −0.0075% | 4h | 157.49 | +0.007% | $5K | $134K | 50x | as long as short |
| Extended USDJPY-USD | −0.0064% | 1h | 157.65 | +0.108% | $842K | $82K | 25x | as long as short |
| Nado USDJPY-PERPshort | −0.0017% | 1h | 157.69 | +0.136% | $98K | $7K | 40x | |
| Bybit USDJPYUSDT | 0.0000% | 8h | 157.28 | −0.127% | $282K | $158K | 100x | as long as short |
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 157.64 | +0.102% | $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 | 157.49 | +0.006% | — | $2.4M | 10x | as long as short |
| HTX USDJPY-USDTlong | 0.0000% | 1h | 157.48 | long leg | $9K | $317K | 20x | |
| Pacifica USDJPY | +0.0100% | 1h | 157.39 | −0.059% | $95K | $63K | 50x | as long as short |
| Aevo USDJPY-PERP | +0.0104% | 1h | 157.42 | −0.036% | $25K | $500 | 10x | as long as short |
| Injective USDJPY/USDC PERP | +0.0186% | 1h | 157.70 | +0.138% | $40K | $72K | 101x | as long as short |
HTX USDJPY-USDT
tradeXYZ xyz:JPY
Bitget USDJPYUSDT
Lighter USDJPY
edgeX USDJPYUSDC
Extended USDJPY-USD
Bybit USDJPYUSDT
SunX USDJPY-USDT
Pacifica USDJPY
Injective USDJPY/USDC PERP