USDJPY perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-11-04 07:42 UTC
USDJPY is quoted on 3 contracts. The highest funding rate is on Bybit at 0.00% annualised, quoted per 8h, and the lowest is on Bitget at -0.55% — a gap of 0.55 points. Every contract here quotes its rate per 8h.
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| BybitCentralisedUSDJPYUSDT | 0.0000%8h | 0.00% | — no history yet |
100x | 129.7K | |
| LighterOn-chainUSDJPY | 0.0000%8h | 0.00% | — no history yet |
50x | 190.1K | |
| BitgetCentralisedUSDJPYUSDT | -0.0005%8h | -0.55% | -17.17% |
100x | 32.6K |
Common questions
Which exchanges list USDJPY perpetual futures?
USDJPY trades as 3 perpetual contracts across 3 venues: Bitget, Bybit and Lighter. The busiest is Lighter, with $190.1K of 24h turnover — 54% of the total.
Where is USDJPY funding cheapest right now?
For a long, the most favourable collected rate is -0.55% annualised on Bitget; for a short, it is 0.00% on Bybit — a gap of 0.55 points.
How much funding does a 10,000 USDT USDJPY position pay per day?
At current rates a 10,000 USDT long pays about 0.00 USDT a day on Bybit and -0.15 USDT on Bitget. Over the past 30 days Bitget actually settled an average of -4.70 USDT a day on the same position. A negative figure means the long is paid.
How often does USDJPY funding settle?
It depends on the venue: Lighter every 1h; Bitget and Bybit every 8h.
What has USDJPY funding actually paid over the past 30 days?
The highest realised figure was on Bitget: -17.17% annualised across 36 settlements, 44% of them negative. 1 of the 3 contracts have at least a week of settled history to measure.
What is the highest leverage available on USDJPY?
The highest collected cap is 100x, on Bitget and Bybit. On Bitget it applies up to 50K USDT of notional; above that the cap drops to 75x.
Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions
USDJPY comparison scope and payment direction
This page retains low-turnover USDJPY contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.
Rates and chart methodology
Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.
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Margin ladders
Bybit · USDJPYUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 50000 quote | 0.5000% | 100.00x | — |
| 2 | 50000 – 100000 quote | 0.5600% | 90.00x | 30 |
| 3 | 100000 – 250000 quote | 0.6300% | 80.00x | 100 |
| 4 | 250000 – 400000 quote | 0.6700% | 75.00x | 200 |
| 5 | 400000 – 550000 quote | 0.7100% | 70.00x | 360 |
| 6 | 550000 – 700000 quote | 0.7700% | 65.00x | 690 |
| 7 | 700000 – 850000 quote | 0.9100% | 55.00x | 1670 |
| 8 | 850000 – 1000000 quote | 1.0000% | 50.00x | 2435 |
| 9 | 1000000 – 2000000 quote | 1.1100% | 45.00x | 3535 |
| 10 | 2000000 – 3000000 quote | 1.2500% | 40.00x | 6335 |
| 11 | 3000000 – 4000000 quote | 1.4300% | 35.00x | 11735 |
| 12 | 4000000 – 6000000 quote | 1.6700% | 30.00x | 21335 |
| 13 | 6000000 – 8000000 quote | 2.0000% | 25.00x | 41135 |
| 14 | 8000000 – 10000000 quote | 2.5000% | 20.00x | 81135 |
| 15 | 10000000 – 12000000 quote | 2.6300% | 19.00x | 94135 |
| 16 | 12000000 – 14000000 quote | 2.7800% | 18.00x | 112135 |
| 17 | 14000000 – 16000000 quote | 2.9400% | 17.00x | 134535 |
| 18 | 16000000 – 18000000 quote | 3.1300% | 16.00x | 164935 |
| 19 | 18000000 – 20000000 quote | 3.3300% | 15.00x | 200935 |
| 20 | 20000000 – 22000000 quote | 3.5700% | 14.00x | 248935 |
| 21 | 22000000 – 24000000 quote | 3.8500% | 13.00x | 310535 |
| 22 | 24000000 – 26000000 quote | 4.1700% | 12.00x | 387335 |
| 23 | 26000000 – 28000000 quote | 4.5500% | 11.00x | 486135 |
| 24 | 28000000 – 30000000 quote | 5.0000% | 10.00x | 612135 |
| 25 | 30000000 – 35000000 quote | 5.5600% | 9.00x | 780135 |
| 26 | 35000000 – 40000000 quote | 6.2500% | 8.00x | 1021635 |
| 27 | 40000000 – 45000000 quote | 7.1400% | 7.00x | 1377635 |
| 28 | 45000000 – 50000000 quote | 8.3300% | 6.00x | 1913135 |
| 29 | 50000000 – 60000000 quote | 10.0000% | 5.00x | 2748135 |
| 30 | 60000000 – 80000000 quote | 12.5000% | 4.00x | 4248135 |
| 31 | 80000000 – 100000000 quote | 16.6700% | 3.00x | 7584135 |
| 32 | 100000000 – 150000000 quote | 25.0000% | 2.00x | 15914135 |
| 33 | 150000000 – 200000000 quote | 34.9700% | 1.43x | 30869135 |
| 34 | 200000000 – 250000000 quote | 39.0600% | 1.28x | 39049135 |
| 35 | 250000000 – ∞ quote | 50.0000% | 1.00x | 66399135 |
Lighter · USDJPY No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 1.2000% | 50.00x | — |
Bitget · USDJPYUSDT No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 50000 quote | 0.5000% | 100.00x | — |
| 2 | 50000 – 400000 quote | 0.6500% | 75.00x | — |
| 3 | 400000 – 1000000 quote | 1.0000% | 50.00x | — |
| 4 | 1000000 – 4000000 quote | 2.0000% | 25.00x | — |
| 5 | 4000000 – 8000000 quote | 2.5000% | 20.00x | — |
| 6 | 8000000 – 40000000 quote | 5.0000% | 10.00x | — |
| 7 | 40000000 – 50000000 quote | 10.0000% | 5.00x | — |
| 8 | 50000000 – 80000000 quote | 12.5000% | 4.00x | — |
| 9 | 80000000 – 100000000 quote | 30.0000% | 2.00x | — |
| 10 | 100000000 – ∞ quote | 60.0000% | 1.00x | — |