USDJPY funding: questions and answers
What is the USDJPY funding rate on Lighter now?
0.0000% per hour, or 0.0% APR; funding on Lighter is paid every hour.
How does USDJPY funding on Lighter compare with Binance and Bybit?
USDJPY is not listed on Binance, Bybit: -44.4% APR.
What has USDJPY funding been on average?
On Lighter: 0.0% APR over 24 hours, -6.3% over 7 days and -4.3% over 30 days. Longs paid in 0% of the hours over the last 30 days.
What does high or negative USDJPY funding mean?
High funding means the market is crowded with longs: holding a long is expensive and a fall can trigger a long squeeze. Negative funding means crowded shorts. Check who exactly is positioned and where their liquidations are on the whale positions page and the liquidation map.