USDJPY Funding Rates: Live Across 9 Exchanges

As of 2026-10-03 00:52 UTC, USDJPY perpetual funding averages 0.0020% per 8 hours (2.16% APR) across all 9 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: Pacifica at 0.0013% per 1h (10.95% APR). Lowest: Lighter at 0.0000% per 8h (0.00% APR). Going long on Lighter and short on Pacifica collects a gross spread of 0.0100% per 8 hours (10.95% APR) before fees.

Long USDJPY on Lighter and short on Pacifica for a funding gap of 0.0100% 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 4 of the 9 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest USDJPY funding rate?

Pacifica at 0.0013% per 1h (10.95% APR). The lowest is Lighter at 0.0000% per 8h (0.00% APR).

What is the USDJPY funding arbitrage spread?

The gross spread is 0.0100% per 8 hours (10.95% APR): long USDJPY on Lighter and short on Pacifica. Trading fees, slippage and price basis reduce the net return.

How often is USDJPY funding paid?

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