USDJPY

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	tradeXYZxyz:JPY	156.74	−0.0078	get 0.0010% / 1h	1m 58s	$29.7M	$2.1M	50x	Long tradeXYZ
SHORT	AvantisUSD/JPY	156.81	L +0.0027S +0.0028	pay 0.0003% / 1h	1m 58s	$6.2M	—	500x	Short Avantis

Price gap+0.045%

Funding gap+0.0050% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$11+0.0050% /8h now · paid +0.109% over the last 7D

Price+$1spread +0.045% now, avg +0.039% → +0.006% if it goes back

Costsno datano order book for Avantis

Result, before costs+$12+0.12%+ Points / potential airdroptradeXYZ: points · Avantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.045%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

USDJPY on 15 exchanges

lowest funding first

Before you open

3 ok · 0 to watch

Note: Order book unknown—
No order-book sample for Avantis: its slippage is not counted.
Note: Margin at max leverage$200 + $20
tradeXYZ 50x, Avantis 500x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.50Long tradeXYZ: 24 payments, +$2.33; short Avantis: 24 payments, −$0.84.
Note: Gap at its usual level+0.045% vs +0.039%
The price leg adds little either way.
Note: Short leg is thinner$6.2M vs $29.7M OI
Both legs are deep; Avantis is the smaller one.
OK: Points on a legtradeXYZ points · Avantis Season 3
Volume here counts toward the points program.
OK: No KYC on either legtradeXYZ No · Avantis No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0052%/8h × 21 periods+$10.90

Price spread+0.045% → +0.039% (7d avg)+$0.64

Slippage, 4 ordersno data for Avantis—

Fee tradeXYZ bp × 2 orders−$1.80

Fee Avantis bp × 2 orders−$4.00

Net, fees only · 7 days · $10k+$5.74

Costs to cover0.058%Break-even3.3 days

Slippage: tradeXYZ: live order book, 11 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGtradeXYZ0.643.9 bp−$45.5 bp−$5510.8 bp−$1,08594.3 bp−$47.2K

SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

USDJPY news

posts that mention USDJPY, from every exchangeSearch all news →

09-21 11:50	Bybit	Other	Don't miss the next big moves for @Bybit_Learn's "3 Assets to Watch"! ICYMI: Last week, GBPUSD and USDJPY perfectly respected @Bybit_Learn's targets. Catch up here: #Bybit @Bybit_Official on X ↗
09-17 23:20	Aevo	Listing	Forex just joined the Aevo portfolio. EURUSD, USDJPY, and USDKRW forex perps are now live with up to 10x leverage. Long or short all three using the same account and collateral pool as the rest of your Aevo positions. @aevoxyz on X ↗