# JPY funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/JPY/funding · window: last 30 days · generated 2026-09-23T19:06 UTC

What JPY (Yen (USD/JPY)) actually paid over the last 30 days: 3,453 settlements across 11 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Pacifica paid the most over the window at +0.3380% 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 56% of the 3,453 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +0.3380% on Pacifica to -1.1460% on WOOFi Pro — 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.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| Pacifica | 718 | +0.3380% | +4.13% | +0.0048% | -0.0389% | 2026-09-23 19:00 UTC |
| Ondo | 665 | +0.2615% | +3.45% | +0.0006% | -0.0148% | 2026-09-23 19:00 UTC |
| Extended | 720 | +0.1677% | +2.04% | +0.0122% | -0.0296% | 2026-09-23 19:00 UTC |
| Hotcoin | 38 | +0.0266% | +0.77% | +0.0100% | +0.0002% | 2026-09-23 16:00 UTC |
| HTX | 325 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-23 19:00 UTC |
| Bybit | 47 | -0.0031% | -0.07% | +0.0000% | -0.0031% | 2026-09-23 16:00 UTC |
| edgeX V2 | 45 | -0.1032% | -5.03% | +0.0096% | -0.0099% | 2026-09-23 16:00 UTC |
| Bitget | 44 | -0.2275% | -5.67% | +0.0000% | -0.0509% | 2026-09-23 16:00 UTC |
| Toobit | 41 | -0.2392% | -6.39% | +0.0100% | -0.0509% | 2026-09-23 16:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | -0.4359% | -5.31% | +0.0025% | -0.0196% | 2026-09-23 19:00 UTC |
| WOOFi Pro | 90 | -1.1460% | -13.95% | +0.0191% | -0.3423% | 2026-09-23 16:00 UTC |

## FAQ

### 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 56% of the 3,453 settlements recorded here.

### Which exchange has paid the most settled JPY funding recently?

Pacifica paid the most over the last 30 days at +0.3380% of position size across 718 settlements, an average annualized rate of +4.13%. This is a sum of actual payments, not a forecast.

### How often is JPY funding actually paid?

Over the last 30 days, ORBIT recorded 3,453 funding settlements for JPY across 11 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled JPY funding spread between venues?

Over the last 30 days, settled totals ranged from +0.3380% on Pacifica to -1.1460% on WOOFi Pro. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/JPY · Screener: https://orbitperpscreener.com/screener