USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.011%

Price spread now: Ondo Perps against Pacifica−0.005%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Ondo Perps

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 airdropPacifica: Active · Ondo Perps: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica USDJPY	156.97	0.0100	pay 0.0013% / 1h	29m 27s	$94K	$34K	50x
Short	Ondo Perps USDJPY-USD.P	156.96	0.0050	get 0.0006% / 1h	29m 27s	$35K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Pacifica. 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 PacificabpFee Ondo PerpsbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$10.42
Price spread: −0.005% → 0.000%: −$0.51
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$23.93
Costs to cover: 0.130%
Break-even: never at this rate

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

Pacifica and Ondo Perps: 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	157.00	+0.019%	$33K	—	50x	as long as short
Bitget USDJPYUSDT	−0.0379%	8h	157.05	+0.051%	$573K	$107K	100x	as long as short
tradeXYZ xyz:JPY	−0.0159%	1h	156.99	+0.013%	$29.7M	$3.3M	50x	as long as short
Extended USDJPY-USD	−0.0136%	1h	157.05	+0.050%	$847K	$96K	25x	as long as short
Lighter USDJPY	−0.0080%	1h	156.89	−0.051%	$582K	$380K	50x	as long as short
edgeX USDJPYUSDC	−0.0053%	4h	156.98	+0.010%	$5K	$135K	50x	as long as short
Nado USDJPY-PERP	−0.0007%	1h	157.11	+0.090%	$98K	$1K	40x	as long as short
Bybit USDJPYUSDT	0.0000%	8h	156.77	−0.126%	$291K	$122K	100x	as long as short
Orderly PERP_USDJPY_USDC	0.0000%	8h	157.05	+0.051%	$25K	$21K	50x	as long as short
SunX USDJPY-USDT	0.0000%	1h	156.97	0.000%	—	$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	156.99	+0.013%	$9K	$309K	20x	as long as short
Ondo Perps USDJPY-USD.Pshort	+0.0050%	1h	156.96	−0.005%	$35K	$4K	10x
Pacifica USDJPYlong	+0.0100%	1h	156.97	long leg	$94K	$34K	50x
Aevo USDJPY-PERP	+0.0104%	1h	156.80	−0.106%	$25K	$500	10x	as long as short
Injective USDJPY/USDC PERP	+0.0208%	1h	157.30	+0.208%	$25K	$87K	101x	as long as short