JPY Funding Rate History β Settled Payments by Exchange
Yen (USD/JPY)
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +0.3104% | +3.78% | +0.0006% | -0.0040% | 2026-11-14 06:00 UTC | |
| 90 | +0.1430% | +1.74% | +0.0100% | +0.0001% | 2026-11-14 00:00 UTC | |
| 720 | +0.0010% | +0.01% | +0.0013% | -0.0056% | 2026-11-14 06:00 UTC | |
| 720 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-14 06:00 UTC | |
| 180 | -0.0180% | -0.22% | +0.0097% | -0.0099% | 2026-11-14 04:00 UTC | |
| 124 | -0.0514% | -3.64% | +0.0000% | -0.0019% | 2026-11-14 06:00 UTC | |
| 90 | -0.1622% | -1.97% | +0.0269% | -0.0292% | 2026-11-14 00:00 UTC | |
| 107 | -0.4082% | -33.44% | -0.0004% | -0.0116% | 2026-11-14 06:00 UTC | |
| 720 | -0.5893% | -7.17% | +0.0004% | -0.0299% | 2026-11-14 06:00 UTC | |
| 720 | -0.6325% | -7.70% | +0.0008% | -0.0035% | 2026-11-14 06:00 UTC | |
| 90 | -1.4891% | -18.13% | +0.0801% | -0.0804% | 2026-11-14 00:00 UTC | |
| 90 | -1.7558% | -21.38% | +0.0000% | -0.0982% | 2026-11-14 00:00 UTC | |
| 90 | -2.2219% | -27.05% | +0.0000% | -0.1102% | 2026-11-14 00:00 UTC |
What the JPY funding rate means
What JPY (Yen (USD/JPY)) actually paid over the last 30 days: 4,461 settlements across 13 venues, broken down venue by venue. These are settled payments β the amount an exchange actually charged or credited each funding interval β not the rate currently quoted for the next payment. Ondo paid the most over the window at +0.3104% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 40% of the 4,461 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.3104% on Ondo to -2.2219% on Bybit β the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the JPY funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 40% of the 4,461 settlements recorded here.
- Which exchange has paid the most settled JPY funding recently?
- Ondo paid the most over the last 30 days at +0.3104% of position size across 720 settlements, an average annualized rate of +3.78%. This is a sum of actual payments, not a forecast.
- How often is JPY funding actually paid?
- Over the last 30 days, ORBIT recorded 4,461 funding settlements for JPY across 13 venues. Settlement schedules differ by venue β some pay hourly, others every 4 or 8 hours β so the number of payments per venue in the table above is not the same for all of them.