USDJPY Funding Rates: Live Across 9 Exchanges

As of 2026-10-05 10:22 UTC, USDJPY perpetual funding averages 0.0001% per 8 hours (0.13% APR) across all 9 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: XT.COM at 0.0025% per 4h (5.47% APR). Lowest: Extended at -0.0005% per 1h (-4.38% APR). Going long on Extended and short on XT.COM collects a gross spread of 0.0090% per 8 hours (9.86% APR) before fees.

Long USDJPY on Extended and short on XT.COM for a funding gap of 0.0090% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the USDJPY funding rate positive right now?

Mostly no. USDJPY funding is positive on 2 of the 9 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest USDJPY funding rate?

XT.COM at 0.0025% per 4h (5.47% APR). The lowest is Extended at -0.0005% per 1h (-4.38% APR).

What is the USDJPY funding arbitrage spread?

The gross spread is 0.0090% per 8 hours (9.86% APR): long USDJPY on Extended and short on XT.COM. Trading fees, slippage and price basis reduce the net return.

How often is USDJPY funding paid?

USDJPY funding is paid every 8 hours on Bybit, Bitget, Toobit, Lighter, and WOOFi Pro; every 4 hours on XT.COM; every hour on Pacifica, HTX, and Extended. Rates on this page are also shown as APR so they can be compared directly.