Kumo is fetching the latest data…
This takes a second or two.
Funding rate · USD/JPY perpetual · updated every 15 minutes
USD/JPY funding rate today
Funding for USD/JPY is negative: traders betting on a fall are paying longs about 14.1% a year on average. That shows many traders betting on lower prices.
Average, per year−14.1%−0.0129% per 8 hours · 1 venues
Highest−14.1%Hyperliquid
Lowest−14.1%Hyperliquid
30-day average−6.4%on Hyperliquid · 28 of 31 days negative
USD/JPY funding on every venue
Sorted from the highest to the lowest. Positive = longs pay shorts; negative = shorts pay longs.
| Venue | Per 8 hours | Per year | Pays every | Next payment | Who pays |
|---|---|---|---|---|---|
| Hyperliquid DEX | −0.0129% | −14.1% | 1 h | – | shorts pay |
Kumocast’s own analysis engine · Kumo 1.1 · live data
Ask our Kumo Engine about USD/JPY
Ask about your own position in plain words – size, leverage, side and how long you hold. Kumo uses today’s USD/JPY funding from every venue above and shows the maths.
Try asking:
USD/JPY funding over the last 31 days
Average funding per full day on Hyperliquid (pays every hour), shown as a yearly rate. Hover a bar for the exact day.
What USD/JPY funding costs in money
At today’s average rate, before trading fees.
| Position | Per day | Per week | Per 30 days |
|---|---|---|---|
| $1,000 long | −$0.39 | −$2.71 | −$11.62 |
| $10,000 long | −$3.87 | −$27.11 | −$116.18 |
| $100,000 long | −$38.73 | −$271.09 | −$1,161.84 |
More funding rates
Same table, other markets.
- GBP/USD+0.0%
- EUR/USD+4.0%
- Brent Crude Oil+11.6%
- Natural Gas+4.0%
- Gold+7.6%
- Silver+17.2%
- Platinum+6.4%
- Palladium+1.4%
- Copper+8.7%
- Crude Oil (WTI)+0.0%
All markets: funding rates table
USD/JPY funding rate FAQ
What is the USD/JPY funding rate today?
On average −0.0129% every 8 hours (−14.1% a year) across 1 venues. The highest is Hyperliquid at −0.0129%, the lowest Hyperliquid at −0.0129%, per 8 hours. Updated every 15 minutes.
Is USD/JPY funding positive or negative?
Negative on average – traders holding short USD/JPY positions pay those holding longs. The sign can change from one payment to the next.
How often is USD/JPY funding paid?
It depends on the venue: Hyperliquid every 1 hour. Kumo converts all of them to “per 8 hours” so they can be compared.
How much does it cost to hold a USD/JPY long?
At today’s average, a $1,000 long pays about $0.39 a day in funding – it receives it, because funding is negative, on top of trading fees. Rates change all the time, so this is a snapshot, not a promise.
Does USD/JPY funding predict the price?
Not reliably. In our six-year study of 20 coins, very high or negative funding was followed by rises about as often as by falls. Right now USD/JPY funding is −14.1% a year.
Built by
Alex Wu
Crypto, DeFi, perps and FX · driven by data
Alex designed the Kumocast model behind these signals, sets its rules, reviews its accuracy record and updates the methodology whenever the model changes. Signals are refreshed every 30 minutes with live market data.