USDJPY

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.087%

Price spread now: Aevo against tradeXYZ−0.083%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.083% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 35 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:JPY	157.64	−0.0088	get 0.0011% / 1h	37m 15s	$29.5M	$3.2M	50x
Short	Aevo USDJPY-PERP	157.51	0.0104	get 0.0013% / 1h	37m 15s	$25K	$500	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against tradeXYZ. 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 tradeXYZbpFee AevobpOrdersPrice spread, now −0.083%Rate

Funding earned: $40.28
Price spread: −0.083% → 0.000%: −$8.33
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$2.05
Costs to cover: 0.340%
Break-even: 7.4 days

Slippage unknown: tradeXYZ: live order book, 11 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 11 min ago	0.32 bp	9.3 bp −$9	10.1 bp −$101	11.9 bp −$1,187	doesn'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 venues

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
Bitget USDJPYUSDT	−0.0640%	8h	157.43	−0.133%	$574K	$135K	100x	as long as short
edgeX USDJPYUSDC	−0.0134%	4h	157.65	+0.005%	$5K	$134K	50x	as long as short
tradeXYZ xyz:JPYlong	−0.0088%	1h	157.64	long leg	$29.5M	$3.2M	50x
Lighter USDJPY	−0.0040%	1h	157.57	−0.046%	$553K	$356K	50x	as long as short
Nado USDJPY-PERP	−0.0017%	1h	157.76	+0.077%	$98K	$1K	40x	as long as short
Pacifica USDJPY	−0.0014%	1h	157.63	−0.006%	$95K	$59K	50x	as long as short
Bybit USDJPYUSDT	0.0000%	8h	157.54	−0.065%	$291K	$129K	100x	as long as short
Orderly PERP_USDJPY_USDC	0.0000%	8h	157.71	+0.044%	$25K	$52K	50x	as long as short
SunX USDJPY-USDT	0.0000%	1h	157.63	−0.006%	—	$2.3M	10x	as long as short
HTX USDJPY-USDT	0.0000%	1h	157.62	−0.013%	$9K	$315K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended USDJPY-USD	+0.0032%	1h	157.72	+0.048%	$843K	$82K	25x	as long as short
Hotstuff USDJPY-PERP	+0.0040%	1h	157.64	0.000%	$33K	—	50x	as long as short
Ondo Perps USDJPY-USD.P	+0.0050%	1h	157.57	−0.041%	$35K	$4K	10x	as long as short
Aevo USDJPY-PERPshort	+0.0104%	1h	157.51	−0.083%	$25K	$500	10x
Injective USDJPY/USDC PERP	+0.0136%	1h	157.80	+0.099%	$44K	$72K	101x	as long as short