USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.010%

Price spread now: Pacifica against Ondo Perps+0.036%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Pacifica

What this pair did over the last

the charts below follow

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 · Pacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.036% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps USDJPY-USD.P	156.95	0.0050	pay 0.0006% / 1h	50m 48s	$35K	$4K	10x
Short	Pacifica USDJPY	157.01	0.0100	get 0.0013% / 1h	50m 48s	$94K	$24K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Ondo Perps. 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 Ondo PerpsbpFee PacificabpOrdersPrice spread, now +0.036%Rate

Funding earned: $10.42
Price spread: +0.036% → 0.000%: $3.63
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $1.05
Costs to cover: 0.130%
Break-even: 6.3 days

Slippage unknown: Ondo Perps: no order-book sample; Pacifica: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

Ondo Perps and Pacifica: 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
Bitget USDJPYUSDT	−0.0279%	8h	157.12	+0.106%	$573K	$107K	100x	as long as short
Extended USDJPY-USD	−0.0232%	1h	157.12	+0.105%	$849K	$88K	25x	as long as short
Lighter USDJPY	−0.0200%	1h	156.93	−0.018%	$601K	$386K	50x	as long as short
tradeXYZ xyz:JPY	−0.0099%	1h	157.04	+0.055%	$29.7M	$3.3M	50x	as long as short
edgeX USDJPYUSDC	−0.0080%	4h	157.00	+0.029%	$5K	$134K	50x	as long as short
Nado USDJPY-PERP	−0.0015%	1h	157.16	+0.132%	$98K	$1K	40x	as long as short
Bybit USDJPYUSDT	0.0000%	8h	156.87	−0.052%	$291K	$123K	100x	as long as short
Orderly PERP_USDJPY_USDC	0.0000%	8h	157.12	+0.106%	$24K	$21K	50x	as long as short
SunX USDJPY-USDT	0.0000%	1h	157.04	+0.055%	—	$1.6M	10x	as long as short
HTX USDJPY-USDT	0.0000%	1h	157.04	+0.055%	$9K	$308K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps USDJPY-USD.Plong	+0.0050%	1h	156.95	long leg	$35K	$4K	10x
Hotstuff USDJPY-PERP	+0.0072%	1h	157.07	+0.075%	$33K	—	50x	as long as short
Pacifica USDJPYshort	+0.0100%	1h	157.01	+0.036%	$94K	$24K	50x
Aevo USDJPY-PERP	+0.0104%	1h	156.84	−0.074%	$25K	$500	10x	as long as short
Injective USDJPY/USDC PERP	+0.0143%	1h	157.08	+0.082%	$25K	$87K	101x	as long as short