Settings8H · net · $10k
Funding arb · Price arb /

USDJPY

RWAall USDJPY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Aevo against SunX−0.130%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.130% cheaper against SunX than usual: you would sell low and buy high (spread −0.130% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX USDJPY-USDT157.040get 0.0000% / 1h51m 19s$1.6M10x
ShortAevo USDJPY-PERP156.840.0104get 0.0013% / 1h51m 19s$25K$50010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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

Funding earned
$21.84
Price spread: −0.130% → 0.000%
−$12.95
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$15.11
Costs to cover
0.240%
Break-even
11.8 days
Slippage unknown: SunX: live order book, 8 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago80.91 bp99.2 bp −$99doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USDJPYUSDT−0.0279%8h157.13+0.057%$573K$107K100xas long as short
Extended USDJPY-USD−0.0232%1h157.12+0.051%$849K$88K25xas long as short
Lighter USDJPY−0.0208%1h156.92−0.077%$601K$386K50xas long as short
tradeXYZ xyz:JPY−0.0097%1h157.06+0.013%$29.7M$3.3M50xas long as short
edgeX USDJPYUSDC−0.0080%4h157.00−0.027%$5K$134K50xas long as short
Nado USDJPY-PERP−0.0015%1h157.16+0.077%$98K$1K40xas long as short
Bybit USDJPYUSDT0.0000%8h156.87−0.108%$291K$123K100xas long as short
Orderly PERP_USDJPY_USDC0.0000%8h157.12+0.051%$24K$21K50xas long as short
SunX USDJPY-USDTlong0.0000%1h157.04long leg$1.6M10x
HTX USDJPY-USDT0.0000%1h157.040.000%$9K$308K20xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps USDJPY-USD.P+0.0050%1h156.95−0.055%$35K$4K10xas long as short
Hotstuff USDJPY-PERP+0.0072%1h157.07+0.019%$33K50xas long as short
Pacifica USDJPY+0.0100%1h157.01−0.019%$94K$24K50xas long as short
Aevo USDJPY-PERPshort+0.0104%1h156.84−0.130%$25K$50010x
Injective USDJPY/USDC PERP+0.0143%1h157.08+0.026%$25K$87K101xas long as short