Settings8H · net · $10k
Funding arb · Price arb /

USDJPY

RWAall USDJPY markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX USDJPY-USDT157.480get 0.0000% / 1h5m 48s$9K$317K20x
ShortNado USDJPY-PERP157.69−0.0017pay 0.0002% / 1h5m 48s$98K$7K40x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 36 min ago13.97 bp98.3 bp −$98doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:JPY−0.0307%1h157.51+0.019%$29.3M$3.1M50xas long as short
Bitget USDJPYUSDT−0.0156%8h157.43−0.032%$574K$153K100xas long as short
Hotstuff USDJPY-PERP−0.0120%1h157.50+0.013%$33K50xas long as short
Ondo Perps USDJPY-USD.P−0.0101%1h157.50+0.016%$35K$7K10xas long as short
Lighter USDJPY−0.0080%1h157.49+0.004%$552K$360K50xas long as short
edgeX USDJPYUSDC−0.0075%4h157.49+0.007%$5K$134K50xas long as short
Extended USDJPY-USD−0.0064%1h157.65+0.108%$842K$82K25xas long as short
Nado USDJPY-PERPshort−0.0017%1h157.69+0.136%$98K$7K40x
Bybit USDJPYUSDT0.0000%8h157.28−0.127%$282K$158K100xas long as short
Orderly PERP_USDJPY_USDC0.0000%8h157.64+0.102%$25K$52K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX USDJPY-USDT0.0000%1h157.49+0.006%$2.4M10xas long as short
HTX USDJPY-USDTlong0.0000%1h157.48long leg$9K$317K20x
Pacifica USDJPY+0.0100%1h157.39−0.059%$95K$63K50xas long as short
Aevo USDJPY-PERP+0.0104%1h157.42−0.036%$25K$50010xas long as short
Injective USDJPY/USDC PERP+0.0186%1h157.70+0.138%$40K$72K101xas long as short