Funding you earn now, next payment 10:00 UTC−0.0159%/8h= −17.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.046%
Price spread now: SunX against Injective−0.025%7-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 −$5 a day on $10k at the current rate, and SunX is 0.025% cheaper against Injective than usual: you would sell low and buy high (−$2 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 | 157.12 | 0.0159 | pay 0.0020% / 1h | 58m 24s | $44K | $78K | 101x |
| Short | SunX USDJPY-USDT | 157.08 | 0 | get 0.0000% / 1h | 58m 24s | — | $2.1M | 10x |
Injective USDJPY/USDC PERP
SunX USDJPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$33.44
- Price spread: −0.025% → 0.000%
- −$2.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$43.94
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 81.31 bp | 100.5 bp −$100 | 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 | −0.0636% | 8h | 157.15 | +0.020% | $574K | $110K | 100x | as long as short |
| tradeXYZ xyz:JPY | −0.0127% | 1h | 157.07 | −0.031% | $29.4M | $3.5M | 50x | as long as short |
| Lighter USDJPY | −0.0096% | 1h | 157.00 | −0.075% | $551K | $339K | 50x | as long as short |
| edgeX USDJPYUSDC | −0.0080% | 4h | 156.98 | −0.090% | $5K | $135K | 50x | as long as short |
| Extended USDJPY-USD | −0.0048% | 1h | 157.16 | +0.029% | $847K | $93K | 25x | as long as short |
| Nado USDJPY-PERP | −0.0008% | 1h | 157.22 | +0.063% | $98K | $1K | 40x | as long as short |
| Bybit USDJPYUSDT | 0.0000% | 8h | 156.84 | −0.176% | $282K | $130K | 100x | as long as short |
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 157.17 | +0.032% | $25K | $52K | 50x | as long as short |
| SunX USDJPY-USDTshort | 0.0000% | 1h | 157.08 | −0.025% | — | $2.1M | 10x | |
| HTX USDJPY-USDT | 0.0000% | 1h | 156.99 | −0.082% | $9K | $312K | 20x | as long as short |
Bitget USDJPYUSDT
tradeXYZ xyz:JPY
Lighter USDJPY
edgeX USDJPYUSDC
Extended USDJPY-USD
Nado USDJPY-PERP
Bybit USDJPYUSDT
Orderly PERP_USDJPY_USDC
HTX USDJPY-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff USDJPY-PERP | +0.0048% | 1h | 157.06 | −0.038% | $33K | — | 50x | as long as short |
| Ondo Perps USDJPY-USD.P | +0.0050% | 1h | 156.92 | −0.125% | $35K | $4K | 10x | as long as short |
| Pacifica USDJPY | +0.0100% | 1h | 156.96 | −0.104% | $94K | $34K | 50x | as long as short |
| Aevo USDJPY-PERP | +0.0104% | 1h | 156.93 | −0.123% | $25K | — | 10x | as long as short |
| Injective USDJPY/USDC PERPlong | +0.0159% | 1h | 157.12 | long leg | $44K | $78K | 101x |
Hotstuff USDJPY-PERP
Ondo Perps USDJPY-USD.P
Pacifica USDJPY
Aevo USDJPY-PERP