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USDJPY Funding Rate

USDJPY perpetual funding on 4 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated · How we count

USDJPY funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
WOOFi Pro8 h0.0000%0.0000%——0.0%0.0000%−0.0664%+0.288%—
Lighter1 h0.0000%0.0000%——0.0%0.0000%0.0000%−0.255%—
HTX1 h0.0000%0.0000%——0.0%0.0000%0.0000%0.0000%$149.7K
Mode Trade8 h0.0000%0.0000%——0.0%0.0000%−0.0664%+0.288%—
Extended1 h+0.0032%+0.0004%—+0.0013%3.5%+0.0096%+0.0220%+0.191%—

What USDJPY funding actually paid

Over 7 days, a USDJPY long paid −0.0222% on average across exchanges (−1.2% a year). The most on Extended (+0.0220%), the least on Mode Trade (−0.0664%).

Over 30 days, a USDJPY long paid +0.102% on average across exchanges (1.3% a year). The most on WOOFi Pro (+0.288%), the least on Lighter (−0.255%).

USDJPY funding rate history chart

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USDJPY funding arbitrage right now

A pair needs at least two exchanges that publish a 24h volume: on the others there is no telling whether a position fits.

USDJPY perpetual futures by exchange

HTXUSDJPY/USDT:USDT$156.8800$149.7K
ExtendedUSDJPY/USDC:USDC—
WOOFi ProUSDJPY/USDC:USDC$159.5350—
LighterUSDJPY/USDC:USDC—
Mode TradeUSDJPY/USDC:USDC$159.5350—
USDJPY page: spot, routes, networks

FAQ

How often is USDJPY funding paid?

Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.

Why is the USDJPY funding rate different on each exchange?

Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.

Does a high APR mean high profit?

No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.