JPY Funding Rates: Live Across 3 Exchanges

As of 2026-10-03 18:26 UTC, JPY perpetual funding averages 0.0400% per 8 hours (43.80% APR) across all 3 exchanges that list it, weighted by 24h volume (median 0.0400%). Highest: LBank at 0.0200% per 4h (43.80% APR). Lowest: WEEX at 0.0200% per 4h (43.80% APR). Going long on WEEX and short on LBank collects a gross spread of 0.0000% per 8 hours (0.00% APR) before fees.

Long JPY on WEEX and short on LBank for a funding gap of 0.0000% 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 JPY funding rate positive right now?

Yes. JPY funding is positive on 3 of the 3 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest JPY funding rate?

LBank at 0.0200% per 4h (43.80% APR). The lowest is WEEX at 0.0200% per 4h (43.80% APR).

What is the JPY funding arbitrage spread?

The gross spread is 0.0000% per 8 hours (0.00% APR): long JPY on WEEX and short on LBank. Trading fees, slippage and price basis reduce the net return.

How often is JPY funding paid?

JPY funding is paid every 4 hours on MEXC, LBank, and WEEX. Rates on this page are also shown as APR so they can be compared directly.