Funding you earn now, next payment 09:00 UTC−0.0156%/8h= −17.0% APRpaid last 24h −0.008%
Price spread now: edgeX against Pacifica−0.061%7-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 airdropPacifica: Active · edgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 0.061% cheaper against Pacifica than usual: you would sell low and buy high (−$6 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 | Pacifica USDJPY | 156.92 | −0.0014 | get 0.0002% / 1h | 3m 21s | $94K | $34K | 50x |
| Short | edgeX USDJPYUSDC | 156.82 | −0.0169 | pay 0.0085% / 4h | 3h 03m | $5K | $135K | 50x |
Pacifica USDJPY
edgeX USDJPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Pacifica. 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
- −$32.66
- Price spread: −0.061% → 0.000%
- −$6.06
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$55.72
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; edgeX: live order book, 28 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 28 min ago | 2.22 bp | 6.8 bp −$7 | 13.3 bp −$133 | doesn't fit | doesn't fit |
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 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 | −0.0654% | 8h | 157.01 | +0.057% | $573K | $120K | 100x | as long as short |
| edgeX USDJPYUSDCshort | −0.0169% | 4h | 156.82 | −0.061% | $5K | $135K | 50x | |
| tradeXYZ xyz:JPY | −0.0102% | 1h | 156.98 | +0.038% | $29.4M | $3.5M | 50x | as long as short |
| Lighter USDJPY | −0.0056% | 1h | 156.89 | −0.019% | $551K | $360K | 50x | as long as short |
| Extended USDJPY-USD | −0.0040% | 1h | 157.04 | +0.078% | $847K | $93K | 25x | as long as short |
| Pacifica USDJPYlong | −0.0014% | 1h | 156.92 | long leg | $94K | $34K | 50x | |
| Nado USDJPY-PERP | −0.0013% | 1h | 157.10 | +0.115% | $98K | $1K | 40x | as long as short |
| Bybit USDJPYUSDT | 0.0000% | 8h | 156.82 | −0.064% | $282K | $131K | 100x | as long as short |
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 157.04 | +0.076% | $25K | $52K | 50x | as long as short |
| SunX USDJPY-USDT | 0.0000% | 1h | 156.94 | +0.013% | — | $2.1M | 10x | as long as short |
Bitget USDJPYUSDT
tradeXYZ xyz:JPY
Lighter USDJPY
Extended USDJPY-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX USDJPY-USDT | 0.0000% | 1h | 156.97 | +0.032% | $9K | $313K | 20x | as long as short |
| Hotstuff USDJPY-PERP | +0.0048% | 1h | 156.98 | +0.038% | $33K | — | 50x | as long as short |
| Ondo Perps USDJPY-USD.P | +0.0050% | 1h | 156.96 | +0.026% | $35K | $4K | 10x | as long as short |
| Aevo USDJPY-PERP | +0.0104% | 1h | 156.81 | −0.072% | $25K | — | 10x | as long as short |
| Injective USDJPY/USDC PERP | +0.0136% | 1h | 157.20 | +0.181% | $44K | $78K | 101x | as long as short |
HTX USDJPY-USDT
Hotstuff USDJPY-PERP
Ondo Perps USDJPY-USD.P
Aevo USDJPY-PERP
Injective USDJPY/USDC PERP