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: HTX against Injective−0.105%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.105% cheaper against Injective than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Injective USDJPY/USDC PERP | 157.80 | 0.0136 | pay 0.0017% / 1h | 28m 04s | $44K | $72K | 101x |
| Short | HTX USDJPY-USDT | 157.63 | 0 | get 0.0000% / 1h | 28m 04s | $9K | $314K | 20x |
Injective USDJPY/USDC PERP
HTX USDJPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$28.55
- Price spread: −0.105% → 0.000%
- −$10.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$51.09
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; HTX: live order book, 4 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 HTX live order book, 4 min ago | 12.38 bp | 47.9 bp −$48 | doesn't fit | 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 | −0.0678% | 8h | 157.43 | −0.232% | $574K | $135K | 100x | as long as short |
| edgeX USDJPYUSDC | −0.0198% | 4h | 157.60 | −0.123% | $5K | $135K | 50x | as long as short |
| tradeXYZ xyz:JPY | −0.0091% | 1h | 157.64 | −0.099% | $29.5M | $3.2M | 50x | as long as short |
| Lighter USDJPY | −0.0048% | 1h | 157.53 | −0.167% | $553K | $356K | 50x | as long as short |
| Pacifica USDJPY | −0.0014% | 1h | 157.63 | −0.105% | $95K | $40K | 50x | as long as short |
| Nado USDJPY-PERP | −0.0009% | 1h | 157.76 | −0.020% | $98K | $1K | 40x | as long as short |
| Bybit USDJPYUSDT | 0.0000% | 8h | 157.54 | −0.164% | $291K | $127K | 100x | as long as short |
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 157.70 | −0.061% | $25K | $52K | 50x | as long as short |
| SunX USDJPY-USDT | 0.0000% | 1h | 157.63 | −0.105% | — | $2.3M | 10x | as long as short |
| HTX USDJPY-USDTshort | 0.0000% | 1h | 157.63 | −0.105% | $9K | $314K | 20x |
Bitget USDJPYUSDT
edgeX USDJPYUSDC
tradeXYZ xyz:JPY
Lighter USDJPY
Pacifica USDJPY
Nado 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 | |
|---|---|---|---|---|---|---|---|---|
| Extended USDJPY-USD | +0.0032% | 1h | 157.71 | −0.055% | $843K | $82K | 25x | as long as short |
| Hotstuff USDJPY-PERP | +0.0048% | 1h | 157.65 | −0.093% | $33K | — | 50x | as long as short |
| Ondo Perps USDJPY-USD.P | +0.0050% | 1h | 157.53 | −0.166% | $35K | $4K | 10x | as long as short |
| Aevo USDJPY-PERP | +0.0104% | 1h | 157.48 | −0.201% | $25K | — | 10x | as long as short |
| Injective USDJPY/USDC PERPlong | +0.0136% | 1h | 157.80 | long leg | $44K | $72K | 101x |
Extended USDJPY-USD
Hotstuff USDJPY-PERP
Ondo Perps USDJPY-USD.P
Aevo USDJPY-PERP