JPY (USDJPY) funding rates

JPY (USDJPY) perpetual funding is currently quoted across 7 venues, ranging from -10.0% to +10.9% APR. The most reliable delta-neutral pairing for JPY (USDJPY) right now is long TradeXYZ / short HotStuff at +6.0% net APR (low risk, ~3.9d to break even).

as of 2026-06-13 04:23 UTC
Best delta-neutral pairing
Long TradeXYZ / Short HotStuff
+6.0% net APR
Backtested (30d)
+4.0%
Stability
93.1%
Risk
low
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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USDJPY funding by exchange

ExchangeFunding APR
Pacifica+10.95%
Extended+3.50%
HotStuff+2.63%
Lighter+0.00%
Kraken+0.00%
Nado-0.20%
TradeXYZ-10.04%

Frequently asked

What is the USDJPY funding rate right now?

JPY (USDJPY) perpetual funding ranges from -10.04% to 10.95% APR across 7 exchanges we track; the widest delta-neutral spread is long TradeXYZ / short HotStuff at 6.0% net APR.

Which exchange has the highest USDJPY funding rate?

Pacifica currently has the highest at 10.95% APR. See the full ranking above.