Funding you earn now, next payment 09:00 UTC−0.0303%/8h= −33.1% APRpaid last 24h −0.065%
Price spread now: edgeX against Injective−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and edgeX is 0.085% cheaper against Injective than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective USDJPY/USDC PERP | 157.80 | 0.0136 | pay 0.0017% / 1h | 38m 24s | $44K | $72K | 101x |
| Short | edgeX USDJPYUSDC | 157.66 | −0.0167 | pay 0.0083% / 4h | 3h 38m | $5K | $134K | 50x |
Injective USDJPY/USDC PERP
edgeX USDJPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Injective. 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
- −$63.56
- Price spread: −0.085% → 0.000%
- −$8.53
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$81.12
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 58 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 58 min ago | 2.22 bp | 6.8 bp −$7 | 13.9 bp −$139 | doesn't fit | doesn't fit |
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 | −0.0635% | 8h | 157.43 | −0.232% | $574K | $135K | 100x | as long as short |
| edgeX USDJPYUSDCshort | −0.0167% | 4h | 157.66 | −0.085% | $5K | $134K | 50x | |
| tradeXYZ xyz:JPY | −0.0087% | 1h | 157.63 | −0.105% | $29.5M | $3.2M | 50x | as long as short |
| Lighter USDJPY | −0.0040% | 1h | 157.59 | −0.134% | $553K | $356K | 50x | as long as short |
| Nado USDJPY-PERP | −0.0017% | 1h | 157.76 | −0.021% | $98K | $3K | 40x | as long as short |
| Pacifica USDJPY | −0.0014% | 1h | 157.68 | −0.074% | $95K | $59K | 50x | as long as short |
| Hotstuff USDJPY-PERP | −0.0008% | 1h | 157.66 | −0.086% | $33K | — | 50x | as long as short |
| Bybit USDJPYUSDT | 0.0000% | 8h | 157.48 | −0.202% | $291K | $130K | 100x | as long as short |
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 157.71 | −0.055% | $25K | $52K | 50x | as long as short |
| SunX USDJPY-USDT | 0.0000% | 1h | 157.65 | −0.093% | — | $2.3M | 10x | as long as short |
Bitget USDJPYUSDT
tradeXYZ xyz:JPY
Lighter USDJPY
Nado USDJPY-PERP
Pacifica USDJPY
Hotstuff USDJPY-PERP
Bybit USDJPYUSDT
Orderly PERP_USDJPY_USDC
SunX USDJPY-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX USDJPY-USDT | 0.0000% | 1h | 157.64 | −0.099% | $9K | $315K | 20x | as long as short |
| Extended USDJPY-USD | +0.0024% | 1h | 157.71 | −0.053% | $843K | $82K | 25x | as long as short |
| Ondo Perps USDJPY-USD.P | +0.0050% | 1h | 157.57 | −0.140% | $35K | $4K | 10x | as long as short |
| Aevo USDJPY-PERP | +0.0104% | 1h | 157.51 | −0.181% | $25K | $500 | 10x | as long as short |
| Injective USDJPY/USDC PERPlong | +0.0136% | 1h | 157.80 | long leg | $44K | $72K | 101x |
HTX USDJPY-USDT
Extended USDJPY-USD
Ondo Perps USDJPY-USD.P
Aevo USDJPY-PERP