JPY (USDJPY) funding rates

JPY (USDJPY) perpetual funding is currently quoted across 7 venues, ranging from -30.4% to +10.9% APR. The most reliable delta-neutral pairing for JPY (USDJPY) right now is long TradeXYZ / short Pacifica at +37.1% net APR (low risk, ~1.6d to break even).

as of 2026-09-11 02:34 UTC
Best delta-neutral pairing
Long TradeXYZ / Short Pacifica
+37.1% net APR
Backtested (30d)
+5.8%
Stability
98.3%
Risk
low
Breakeven
~1.6d

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%
Ondo+5.52%
Extended+3.50%
Lighter+0.00%
Hibachi-0.55%
HotStuff-11.39%
TradeXYZ-30.36%

Frequently asked

What is the USDJPY funding rate right now?

JPY (USDJPY) perpetual funding ranges from -30.36% to 10.95% APR across 7 exchanges we track; the widest delta-neutral spread is long TradeXYZ / short Pacifica at 37.1% net APR.

Which exchange has the highest USDJPY funding rate?

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