# USDJPY Funding Rate on Lighter

As of 2026-10-07 00:10 UTC, the USDJPY perpetual on Lighter pays -0.0064% per 8h, -0.0064% per 8 hours (-7.01% APR), so shorts pay longs. That is the 8th highest of 9 exchanges shown, against a volume-weighted average of 0.0015% per 8 hours (1.60% APR). Over the last 7 days Lighter averaged -0.0003% per 8 hours (-0.33% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/usdjpy/xt) | [USDJPY/USDT:USDT](https://www.xt.com/en/futures/trade/usdjpy_usdt) | 0.0075% | 4h | 16.42% | 2026-10-07 04:00 UTC |
| [Pacifica](https://arbtide.com/funding-rates/usdjpy/pacifica) | [USDJPY/USDC:USDC](https://app.pacifica.fi/trade/USDJPY) | 0.0013% | 1h | 10.95% | 2026-10-07 01:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/usdjpy/bitget) | [USDJPY/USDT:USDT](https://www.bitget.com/futures/usdt/USDJPYUSDT) | 0.0000% | 8h | 0.00% | — |
| [HTX](https://arbtide.com/funding-rates/usdjpy/htx) | [USDJPY/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=USDJPY-USDT&contract_type=swap&type=cross) | 0.0000% | 1h | 0.00% | 2026-10-07 01:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/usdjpy/toobit) | [USDJPY/USDT:USDT](https://www.toobit.com/en-US/futures/USDJPY-SWAP-USDT) | 0.0000% | 8h | 0.00% | 2026-10-07 08:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/usdjpy/woofipro) | [USDJPY/USDC:USDC](https://pro.woofi.com/en/trade/USDJPY_PERP) | 0.0000% | 8h | 0.00% | 2026-10-07 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/usdjpy/extended) | [USDJPY/USDC:USDC](https://app.extended.exchange/perp/USDJPY-USD) | -0.0003% | 1h | -2.63% | 2026-10-07 01:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/usdjpy/lighter) | [USDJPY/USDC:USDC](https://app.lighter.xyz/trade/USDJPY) | -0.0064% | 8h | -7.01% | — |
| [Bybit](https://arbtide.com/funding-rates/usdjpy/bybit) | [USDJPY/USDT:USDT](https://www.bybit.com/trade/usdt/USDJPYUSDT) | -0.0460% | 8h | -50.33% | 2026-10-07 08:00 UTC |

## Frequently asked questions

### What is the USDJPY funding rate on Lighter?

-0.0064% per 8h, or -0.0064% per 8 hours (-7.01% APR), so shorts pay longs. The 7-day average is -0.0003% per 8 hours (-0.33% APR).

### How often does Lighter pay USDJPY funding?

Every 8 hours.

### Is USDJPY funding on Lighter higher than on other exchanges?

Lighter is the 8th highest of 9 exchanges shown. The highest is XT.COM at 0.0075% per 4h (16.42% APR) and the lowest is Bybit at -0.0460% per 8h (-50.33% APR).

### How do you arbitrage USDJPY funding with Lighter?

Long USDJPY on Bybit and short on Lighter for a gross spread of 0.0396% per 8 hours (43.33% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.