JPY (USDJPY) funding rates
JPY (USDJPY) perpetual funding is currently quoted across 6 venues, ranging from -28.9% to +10.9% APR. The most reliable delta-neutral pairing for JPY (USDJPY) right now is long TradeXYZ / short Lighter at +7.6% net APR (low risk, ~1.3d to break even).
as of 2026-10-28 12:00 UTC
Best delta-neutral pairing
Long TradeXYZ / Short Lighter
+7.6% net APR
- Backtested (30d)
- +2.1%
- Stability
- 66.3%
- Risk
- low
- Breakeven
- ~1.3d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeUSDJPY funding by exchange
Frequently asked
What is the USDJPY funding rate right now?
JPY (USDJPY) perpetual funding ranges from -28.91% to 10.95% APR across 6 exchanges we track; the widest delta-neutral spread is long TradeXYZ / short Lighter at 7.6% net APR.
Which exchange has the highest USDJPY funding rate?
TxFlow currently has the highest at 10.95% APR. See the full ranking above.