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

USDJPY

RWAall USDJPY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0143%/8h= −15.7% APRnext payment $0.18 per $10,000 · paid last 24h −0.003%
Price spread now: Ondo Perps against SunX−0.006%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo 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: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX USDJPY-USDT157.570get 0.0000% / 1h22m 22s$2.4M10x
ShortOndo Perps USDJPY-USD.P157.56−0.0143pay 0.0018% / 1h22m 22s$35K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$30.07
Price spread: −0.006% → 0.000%
−$0.63
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$43.71
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 4 min ago80.27 bp98.1 bp −$98doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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 venues

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−0.0400%8h157.43−0.089%$574K$134K100xas long as short
tradeXYZ xyz:JPY−0.0358%1h157.59+0.013%$29.4M$3.0M50xas long as short
Hotstuff USDJPY-PERP−0.0176%1h157.59+0.013%$33K50xas long as short
Pacifica USDJPY−0.0162%1h157.44−0.082%$95K$63K50xas long as short
Ondo Perps USDJPY-USD.Pshort−0.0143%1h157.56−0.006%$35K$4K10x
Extended USDJPY-USD−0.0104%1h157.74+0.109%$842K$82K25xas long as short
Lighter USDJPY−0.0064%1h157.56−0.010%$552K$358K50xas long as short
edgeX USDJPYUSDC−0.0052%4h157.58+0.009%$5K$134K50xas long as short
Nado USDJPY-PERP−0.0018%1h157.78+0.133%$98K$7K40xas long as short
Bybit USDJPYUSDT0.0000%8h157.27−0.190%$282K$142K100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_USDJPY_USDC0.0000%8h157.73+0.102%$25K$52K50xas long as short
SunX USDJPY-USDTlong0.0000%1h157.57long leg$2.4M10x
HTX USDJPY-USDT0.0000%1h157.63+0.038%$9K$316K20xas long as short
Aevo USDJPY-PERP+0.0104%1h157.50−0.042%$25K$50010xas long as short
Injective USDJPY/USDC PERP+0.0148%1h157.79+0.140%$44K$72K101xas long as short