# JPY Funding Rate on MEXC

As of 2026-10-05 09:45 UTC, the JPY perpetual on MEXC pays -0.0146% per 4h, -0.0292% per 8 hours (-31.97% APR), so shorts pay longs. That is the 1st highest of 3 exchanges shown, against a volume-weighted average of -0.0292% per 8 hours (-31.97% APR). Over the last 7 days MEXC averaged -0.0045% per 8 hours (-4.90% APR). The next funding is at 2026-10-05 12:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [MEXC](https://arbtide.com/funding-rates/jpy/mexc) | [JPY/USDT:USDT](https://www.mexc.com/futures/JPY_USDT) | -0.0146% | 4h | -31.97% | 2026-10-05 12:00 UTC |
| [LBank](https://arbtide.com/funding-rates/jpy/lbank) | [JPY/USDT:USDT](https://www.lbank.com/futures/jpyusdt) | -0.0146% | 4h | -31.97% | 2026-10-05 12:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/jpy/weex) | [JPY/USDT:USDT](https://www.weex.com/futures/JPY-USDT) | -0.0146% | 4h | -31.97% | 2026-10-05 09:44 UTC |

## Frequently asked questions

### What is the JPY funding rate on MEXC?

-0.0146% per 4h, or -0.0292% per 8 hours (-31.97% APR), so shorts pay longs. The 7-day average is -0.0045% per 8 hours (-4.90% APR).

### How often does MEXC pay JPY funding?

Every 4 hours. The next payment is at 2026-10-05 12:00 UTC.

### Is JPY funding on MEXC higher than on other exchanges?

MEXC is the 1st highest of 3 exchanges shown. The highest is LBank at -0.0146% per 4h (-31.97% APR) and the lowest is WEEX at -0.0146% per 4h (-31.97% APR).

### How do you arbitrage JPY funding with MEXC?

Long JPY on WEEX and short on MEXC for a gross spread of 0.0000% per 8 hours (0.00% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.