JP225
Nikkei 225
MEXC![trade[XYZ]](/icons/exchanges/hyperliquid.jpg){kind=icon}
trade[XYZ]Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| trade[XYZ]Best Short | +5.48% | 1h | $2.6M | $67,120 |
| MEXCBest Long | +5.26% | 1h | $2.3M | $66,943 |
JP225 funding rates explained
Funding data updated 13:50 UTC, 2026-07-08
JP225 (Nikkei 225) tokenized / RWA perpetual funding rates are tracked live across 2 exchanges on ORBIT. Funding is the recurring payment exchanged between long and short traders that keeps a perpetual contract tethered to the spot price — when it is positive, longs pay shorts; when negative, shorts pay longs. Right now JP225 funding ranges from +5.26% annualized on MEXC to +5.48% on trade[XYZ].
The widest cross-exchange funding spread for JP225 is currently 0.2% APR. A delta-neutral funding trade captures this gap by going long on MEXC — where funding is lowest, so the long leg is paid or pays the least — and short on trade[XYZ], where funding is highest, so the short leg collects. Because the two legs are equal and opposite, the asset's price moves cancel out and what is left is the funding spread. ORBIT's backtester replays the real funding history of both legs and subtracts live taker fees and order-book slippage, so the result is net PnL, not a headline number.
JP225 ranks #262 by open interest among tracked perpetual assets, total open interest across covered venues is $4.9M, 24h volume is $3.7M, the volume-weighted mark price is $67,037.6176. Deeper liquidity means a funding spread can be traded at larger size with lower slippage — use the Min OI filter on the screener to surface only markets you can realistically enter and exit.
Frequently asked questions
- Which exchange has the highest JP225 funding rate right now?
- trade[XYZ] shows the highest JP225 funding at +5.48% annualized. A high positive rate means shorts get paid, so this is the venue to short JP225 when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.
- Which exchange is best to long JP225 for funding?
- MEXC has the lowest JP225 funding at +5.26% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.
- What is the best JP225 funding-arbitrage pair?
- The widest spread is long MEXC / short trade[XYZ] at about 0.2% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.