JPY (USDJPY) funding rate on Nado

Funding APR
-0.23%
-0.0006% / 8h
Interval
8h
next 16:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
7
listing this pair

Over the last 30 days, JPY (USDJPY) funding on Nado averaged -1.0% APR and stayed positive 0.2% of the time, ranging from -4.2% to +0.2%. Right now it pays shorts pay longs at -0.2% APR, settled every 8h across 7 venues we track. The most reliable delta-neutral pairing for JPY (USDJPY) right now is long TradeXYZ / short Pacifica at +6.3% net APR (low risk, ~1.5d to break even).

as of 2026-06-13 15:53 UTC

USDJPY funding history on Nadolast 30d

30d average
-1.00%
Range
-4% / 0%
% positive
0.2%
Volatility
0.8
Best delta-neutral pairing
Long Nado / Short Pacifica
+3.9% net APR
Backtested (30d)
-6.4%
Stability
82%
Risk
high
Breakeven
~3.9d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How USDJPY funding compares across venues

ExchangeFunding APR
Pacifica+10.95%
HotStuff+6.13%
Extended+3.50%
Lighter+0.00%
Kraken+0.00%
Nado-0.23%
TradeXYZ-0.52%

Frequently asked

What is the current USDJPY funding rate on Nado?

JPY (USDJPY) on Nado is funding at -0.23% APR (-0.0006% every 8h), paid shorts pay longs, as of 2026-06-13 15:53 UTC.

How often does Nado pay funding on USDJPY?

Every 8 hours.

How do I earn USDJPY funding without price risk?

Open a delta-neutral position: long Nado and short Pacifica, currently 3.9% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy