Funding you earn now, next payment 10:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.012%
Price spread now: HTX against Pacifica−0.064%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+0.168%+$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.064% 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. Mind the row above: over the last 7 days funding on this pair paid +0.168%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica USDJPY | 156.84 | 0.0100 | pay 0.0013% / 1h | 1m 10s | $94K | $34K | 50x |
| Short | HTX USDJPY-USDT | 156.74 | 0 | get 0.0000% / 1h | 1m 10s | $9K | $309K | 20x |
Pacifica USDJPY
HTX USDJPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$21
- Price spread: −0.064% → 0.000%
- −$6.38
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$47.38
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; HTX: live order book, 49 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 HTX live order book, 49 min ago | 11.78 bp | 47.1 bp −$47 | doesn't fit | 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 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 | +0.025% | $33K | — | 50x | as long as short |
| Bitget USDJPYUSDT | −0.0455% | 8h | 156.92 | +0.051% | $573K | $104K | 100x | as long as short |
| tradeXYZ xyz:JPY | −0.0198% | 1h | 156.88 | +0.025% | $29.7M | $3.4M | 50x | as long as short |
| Extended USDJPY-USD | −0.0064% | 1h | 156.95 | +0.069% | $847K | $93K | 25x | as long as short |
| edgeX USDJPYUSDC | −0.0046% | 4h | 156.90 | +0.035% | $5K | $135K | 50x | as long as short |
| Lighter USDJPY | −0.0032% | 1h | 156.79 | −0.031% | $550K | $348K | 50x | as long as short |
| Nado USDJPY-PERP | −0.0011% | 1h | 157.02 | +0.114% | $98K | $1K | 40x | as long as short |
| Bybit USDJPYUSDT | 0.0000% | 8h | 156.77 | −0.043% | $291K | $122K | 100x | as long as short |
| Orderly PERP_USDJPY_USDC | 0.0000% | 8h | 156.94 | +0.064% | $25K | $21K | 50x | as long as short |
| SunX USDJPY-USDT | 0.0000% | 1h | 156.89 | +0.032% | — | $1.7M | 10x | as long as short |
Hotstuff USDJPY-PERP
Bitget USDJPYUSDT
tradeXYZ xyz:JPY
Extended USDJPY-USD
edgeX USDJPYUSDC
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-USDTshort | 0.0000% | 1h | 156.74 | −0.064% | $9K | $309K | 20x | |
| Ondo Perps USDJPY-USD.P | +0.0011% | 1h | 156.85 | +0.004% | $35K | $4K | 10x | as long as short |
| Pacifica USDJPYlong | +0.0100% | 1h | 156.84 | long leg | $94K | $34K | 50x | |
| Aevo USDJPY-PERP | +0.0104% | 1h | 156.75 | −0.058% | $25K | — | 10x | as long as short |
| Injective USDJPY/USDC PERP | +0.0159% | 1h | 157.30 | +0.291% | $25K | $87K | 101x | as long as short |
Ondo Perps USDJPY-USD.P
Aevo USDJPY-PERP
Injective USDJPY/USDC PERP