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

USDJPY

RWAall USDJPY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.010%
Price spread now: Pacifica against SunX+0.006%7-day average · you sell dearer than you buy
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 7 days−0.168%−$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: 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: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.168%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX USDJPY-USDT157.000get 0.0000% / 1h52m 25s$1.6M10x
ShortPacifica USDJPY157.010.0100get 0.0013% / 1h52m 25s$94K$24K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
Price spread: +0.006% → 0.000%
$0.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$5.64
Costs to cover
0.160%
Break-even
5.1 days
Slippage unknown: SunX: live order book, 7 min ago; Pacifica: 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, 7 min ago80.91 bp99.2 bp −$99doesn't fitdoesn't fitdoesn't fit
Sell Pacifica no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USDJPYUSDT−0.0281%8h157.12+0.076%$573K$107K100xas long as short
Lighter USDJPY−0.0208%1h156.92−0.050%$601K$386K50xas long as short
Extended USDJPY-USD−0.0200%1h157.11+0.073%$849K$88K25xas long as short
tradeXYZ xyz:JPY−0.0097%1h157.06+0.038%$29.7M$3.3M50xas long as short
edgeX USDJPYUSDC−0.0080%4h157.00−0.001%$5K$134K50xas long as short
Nado USDJPY-PERP−0.0015%1h157.15+0.096%$98K$1K40xas long as short
Bybit USDJPYUSDT0.0000%8h156.85−0.096%$291K$123K100xas long as short
Orderly PERP_USDJPY_USDC0.0000%8h157.09+0.057%$24K$21K50xas long as short
SunX USDJPY-USDTlong0.0000%1h157.00long leg$1.6M10x
HTX USDJPY-USDT0.0000%1h156.73−0.172%$9K$308K20xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps USDJPY-USD.P+0.0050%1h156.90−0.066%$35K$4K10xas long as short
Hotstuff USDJPY-PERP+0.0072%1h157.08+0.051%$33K50xas long as short
Pacifica USDJPYshort+0.0100%1h157.01+0.006%$94K$24K50x
Aevo USDJPY-PERP+0.0104%1h156.78−0.142%$25K$50010xas long as short
Injective USDJPY/USDC PERP+0.0143%1h157.08+0.052%$25K$87K101xas long as short