Funding you earn now, next payment 11:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.047%
Price spread now: Ondo Perps against Injective−0.121%101s7-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
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Ondo Perps is 0.121% cheaper against Injective than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 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 | 157.11 | 0.0208 | pay 0.0026% / 1h | 27m 22s | $25K | $87K | 101x |
| Short | Ondo Perps USDJPY-USD.P | 156.92 | 0.0050 | get 0.0006% / 1h | 27m 22s | $35K | $4K | 10x |
Injective USDJPY/USDC PERP
Ondo Perps USDJPY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$33.07
- Price spread: −0.121% → 0.000%
- −$12.09
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$50.19
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Ondo Perps: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Injective and Ondo Perps: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff USDJPY-PERP | −0.0800% | 1h | 156.99 | −0.077% | $33K | — | 50x | as long as short |
| Bitget USDJPYUSDT | −0.0374% | 8h | 157.07 | −0.026% | $573K | $107K | 100x | as long as short |
| edgeX USDJPYUSDC | −0.0163% | 4h | 156.98 | −0.087% | $5K | $134K | 50x | as long as short |
| tradeXYZ xyz:JPY | −0.0155% | 1h | 157.00 | −0.071% | $29.7M | $3.3M | 50x | as long as short |
| Extended USDJPY-USD | −0.0128% | 1h | 157.08 | −0.017% | $848K | $96K | 25x | as long as short |
| Lighter USDJPY | −0.0080% | 1h | 156.92 | −0.124% | $598K | $399K | 50x | as long as short |
| Nado USDJPY-PERP | −0.0008% | 1h | 157.13 | +0.015% | $98K | $1K | 40x | as long as short |
| Bybit USDJPYUSDT | 0.0000% | 8h | 156.81 | −0.189% | $291K | $122K | 100x | as long as short |
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 157.08 | −0.020% | $25K | $21K | 50x | as long as short |
| SunX USDJPY-USDT | 0.0000% | 1h | 156.99 | −0.077% | — | $1.6M | 10x | as long as short |
Hotstuff USDJPY-PERP
Bitget USDJPYUSDT
edgeX USDJPYUSDC
tradeXYZ xyz:JPY
Extended USDJPY-USD
Lighter USDJPY
Nado USDJPY-PERP
Bybit USDJPYUSDT
Orderly PERP_USDJPY_USDC
SunX USDJPY-USDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX USDJPY-USDT | 0.0000% | 1h | 156.99 | −0.077% | $9K | $309K | 20x | as long as short |
| Ondo Perps USDJPY-USD.Pshort | +0.0050% | 1h | 156.92 | −0.121% | $35K | $4K | 10x | |
| Pacifica USDJPY | +0.0100% | 1h | 157.01 | −0.064% | $94K | $34K | 50x | as long as short |
| Aevo USDJPY-PERP | +0.0104% | 1h | 156.84 | −0.170% | $25K | $500 | 10x | as long as short |
| Injective USDJPY/USDC PERPlong | +0.0208% | 1h | 157.11 | long leg | $25K | $87K | 101x |
HTX USDJPY-USDT
Pacifica USDJPY
Aevo USDJPY-PERP