USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.14 per $10,000 · paid last 24h +0.035%

Price spread now: Aevo against Nado−0.172%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.172% cheaper against Nado than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado USDJPY-PERP	157.02	−0.0011	get 0.0001% / 1h	1m 16s	$98K	$1K	40x
Short	Aevo USDJPY-PERP	156.75	0.0104	get 0.0013% / 1h	1m 16s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee AevobpOrdersPrice spread, now −0.172%Rate

Funding earned: $24.24
Price spread: −0.172% → 0.000%: −$17.22
Slippage, 4 orders: no order book: not counted
Fee Nado: 0.7 bp × 2 orders: −$1.4
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$10.38
Costs to cover: 0.174%
Break-even: 10.0 days

Slippage unknown: Nado: no order-book sample; Aevo: 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 Nado no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Nado and Aevo: 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	156.88	−0.089%	$33K	—	50x	as long as short
Bitget USDJPYUSDT	−0.0455%	8h	156.94	−0.050%	$573K	$104K	100x	as long as short
tradeXYZ xyz:JPY	−0.0198%	1h	156.88	−0.089%	$29.7M	$3.4M	50x	as long as short
Extended USDJPY-USD	−0.0064%	1h	156.95	−0.045%	$847K	$93K	25x	as long as short
edgeX USDJPYUSDC	−0.0046%	4h	156.90	−0.079%	$5K	$135K	50x	as long as short
Lighter USDJPY	−0.0032%	1h	156.81	−0.132%	$550K	$348K	50x	as long as short
Nado USDJPY-PERPlong	−0.0011%	1h	157.02	long leg	$98K	$1K	40x
Bybit USDJPYUSDT	0.0000%	8h	156.77	−0.157%	$291K	$122K	100x	as long as short
Orderly PERP_USDJPY_USDC	0.0000%	8h	156.94	−0.050%	$25K	$21K	50x	as long as short
SunX USDJPY-USDT	0.0000%	1h	156.89	−0.082%	—	$1.7M	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX USDJPY-USDT	0.0000%	1h	156.74	−0.178%	$9K	$309K	20x	as long as short
Ondo Perps USDJPY-USD.P	+0.0011%	1h	156.85	−0.110%	$35K	$4K	10x	as long as short
Pacifica USDJPY	+0.0100%	1h	156.84	−0.114%	$94K	$34K	50x	as long as short
Aevo USDJPY-PERPshort	+0.0104%	1h	156.75	−0.172%	$25K	—	10x
Injective USDJPY/USDC PERP	+0.0159%	1h	157.30	+0.177%	$25K	$87K	101x	as long as short