USDJPY Funding Rate History
USDJPY perpetual futures funding ranges from -0.60 bps on HOTSTUFF to 1.00 bps on PACIFICA across 6 reporting venues, a spread of 1.60 bps. The most extreme rate (10.95% APY annualized) is on PACIFICA. Currently funding signs are mixed: 2 positive, 2 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on USDJPY price.
USDJPY Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| PACIFICA | 1.00 bps | 10.95% APY | 1.00 bps | $16.45K |
| HOTSTUFF | -0.60 bps | -6.57% APY | -0.20 bps | $0 |
| EXTENDED | 0.30 bps | 3.28% APY | 0.30 bps | $10.52M |
| NADO | -0.20 bps | -2.19% APY | -0.10 bps | $208.15 |
| LIGHTER | 0.00 bps | 0.00% APY | 0.00 bps | $50.08K |
| WOOFIPRO | 0.00 bps | 0.00% APY | n/a | $0 |
Last updated 2026-07-16T16:36:16Z (UTC).
Loading USDJPY funding history...
Related: USDJPY open interest, USDJPY volume, USDJPY perp market data.