# JPY funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/JPY/funding · window: last 30 days · generated 2026-11-14T10:53 UTC

What JPY (Yen (USD/JPY)) actually paid over the last 30 days: 4,469 settlements across 13 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. 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 4,469 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +0.3104% on Ondo to -2.1912% on Bybit — 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 |
|---|---:|---:|---:|---:|---:|---|
| Ondo | 720 | +0.3104% | +3.78% | +0.0006% | -0.0040% | 2026-11-14 10:00 UTC |
| Hotcoin | 90 | +0.1430% | +1.74% | +0.0100% | +0.0001% | 2026-11-14 08:00 UTC |
| Pacifica | 720 | +0.0098% | +0.12% | +0.0013% | -0.0056% | 2026-11-14 10:00 UTC |
| HTX | 720 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-14 10:00 UTC |
| edgeX V2 | 180 | -0.0118% | -0.14% | +0.0097% | -0.0099% | 2026-11-14 08:00 UTC |
| Phoenix | 128 | -0.0514% | -3.52% | +0.0000% | -0.0019% | 2026-11-14 10:00 UTC |
| WOOFi Pro | 90 | -0.2313% | -2.82% | +0.0269% | -0.0871% | 2026-11-14 08:00 UTC |
| Aftermath | 111 | -0.4236% | -33.46% | -0.0004% | -0.0116% | 2026-11-14 10:00 UTC |
| Extended | 720 | -0.5893% | -7.17% | +0.0004% | -0.0299% | 2026-11-14 10:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | -0.6277% | -7.64% | +0.0008% | -0.0035% | 2026-11-14 10:00 UTC |
| Toobit | 90 | -1.4602% | -17.78% | +0.0801% | -0.0804% | 2026-11-14 08:00 UTC |
| Bitget | 90 | -1.7269% | -21.03% | +0.0000% | -0.0982% | 2026-11-14 08:00 UTC |
| Bybit | 90 | -2.1912% | -26.68% | +0.0000% | -0.1102% | 2026-11-14 08:00 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 40% of the 4,469 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 4,469 funding settlements for JPY across 13 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 +0.3104% on Ondo to -2.1912% on Bybit. 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