Open interest
Chart$29.4M +1.3% 24h
| Venue | Open interest | 24h change |
|---|---|---|
| trade.xyz | $17.0M | +2.3% |
| Veranta | $10.7M | +0.1% |
| Lighter | $542.6K | +13.4% |
| Extended | $529.2K | +0.4% |
FX perp · up to 1000x · 11 venues
At 03:03 UTC on November 12, 2026, the USD/JPY perp traded at 159.69 (+0.62% over 24 hours), with $29.4M in open interest across 11 venues, led by trade.xyz with 58%. Maximum leverage is 1000x, on gTrade; open-interest-weighted funding is negative at 12.5% annualized, paid to longs.
Big position builds, funding swings and 10% days, by email. Unsubscribe in one click.
Loading the price chart.
$29.4M +1.3% 24h
| Venue | Open interest | 24h change |
|---|---|---|
| trade.xyz | $17.0M | +2.3% |
| Veranta | $10.7M | +0.1% |
| Lighter | $542.6K | +13.4% |
| Extended | $529.2K | +0.4% |
$5.0M +47.3% d/d
-12.5% a year
$0 24h
LongsShorts
| Window | Longs liquidated against shorts liquidated | Amount |
|---|---|---|
| 1h | – | $0 |
| 4h | – | $0 |
| 24h | – | $0 |
| 7d | – | $0 |
62% buys, 24h
BuysSells
| Window | Taker buys against taker sells | Amount |
|---|---|---|
| 1h | – | |
| 4h | – | |
| 24h | recording | |
| 7d | – |
9.4% long, large accounts
$4.4M resting
BidsAsks
| Venue | Offers 10x | Liquidation | Room | Hold a day |
|---|---|---|---|---|
| Ostium | Yes | 144.12 | −9.8% | −$0.23 |
| Bitget | Yes | 144.45 | −9.5% | +$5.52 |
| trade.xyz | Yes | 145.18 | −9.1% | +$5.61 |
| Orderly | Yes | 145.18 | −9.1% | $0.00 |
| Pacifica | Yes | 145.18 | −9.1% | +$7.26 |
| edgeX | Yes | 145.18 | −9.1% | +$5.63 |
| gTrade | Yes | 145.32 | −9.0% | $0.00 |
| Lighter | Yes | 145.47 | −8.9% | $0.00 |
| Veranta | Yes | 146.12 | −8.5% | −$0.82 |
| Extended | Yes | 146.66 | −8.2% | +$4.56 |
| HTX | Yes | 147.41 | −7.7% | $0.00 |
Funding spread 26.5% · long Pacifica, short Lighter · Price dispersion 9.2 bps
| trade.xyz | xyz:JPY | 159.69 | +0.62% | $17.0M | +2.3% | 58% | $4.3M | 0.25x | -20.5% | 50x |
|---|---|---|---|---|---|---|---|---|---|---|
| Veranta | USD/JPY | – | – | $10.7M | +0.1% | 37% | not published | – | 0.0% | 500x |
| Lighter | USDJPY | 159.72 | +0.64% | $542.6K | +13.4% | 1.8% | $194.9K | 0.36x | 0.0% | 50x |
| Extended | USDJPY-USD | 159.79 | +0.58% | $529.2K | +0.4% | 1.8% | $41.3K | 0.08x | -16.6% | 25x |
| Bitget | USDJPYUSDT | 159.65 | +0.45% | $399.5K | -9.8% | 1.4% | $124.4K | 0.31x | -20.1% | 100x |
| Pacifica | USDJPY | 159.67 | +0.57% | $86.6K | -18.2% | 0.3% | $43.6K | 0.50x | -26.5% | 50x |
| gTrade | USD/JPY | 159.80 | +0.58% | $78.7K | -78.6% | 0.3% | not published | – | 0.0% | 1000x |
| Orderly | PERP_USDJPY_USDC | 159.74 | +0.59% | $31.6K | +66321.0% | 0.1% | $30.5K | 0.96x | 0.0% | 50x |
| HTX | USDJPY-USDT | 159.79 | +0.58% | $13.6K | +4.7% | <0.1% | $78.2K | 5.74x | 0.0% | 20x |
| edgeX | USDJPYUSDC | 159.72 | +0.59% | $5.8K | -64.0% | <0.1% | $144.0K | 24.73x | -20.5% | 50x |
| Ostium | USD/JPY | 159.79 | +0.58% | $5.2K | -0.2% | <0.1% | not published | – | 0.0% | 100x |
| All venues | 159.69 | +0.62% | $29.4M | +1.3% | 100% | $5.0M | 0.27x | -12.5% | 1000x |
USDJPY funding is -12.5% a year, weighted by open interest across 11 venues, with 26.5% between the highest and lowest venue.
Latest settled 0.0% APR · hourly
Latest settled -16.2% APR · hourly
Latest settled 0.0% APR · hourly
Latest settled +3.5% APR · hourly
Latest settled 0.0% APR · every 8h
Latest settled -15.7% APR · hourly
Latest settled -0.5% APR · every 4h
Latest settled +11.4% APR · hourly
Latest settled 0.0% APR · hourly
Latest settled 0.0% APR · hourly
Latest settled 0.0% APR · every 8h
Latest settled 0.0% APR · hourly
| Venue | Settlements | 7-day avg APR | Lowest | Highest | Longs paid |
|---|---|---|---|---|---|
| Veranta | 168 | 0.0% | 0.0% | 0.0% | 0% of hours |
| trade.xyz | 168 | -7.5% | -22.7% | +6.8% | 1% of hours |
| Lighter | 168 | -1.0% | -35.0% | 0.0% | 0% of hours |
| Extended | 168 | -6.1% | -162.9% | +3.5% | 65% of hours |
| Orderly | 28 | -3.8% | -26.3% | 0.0% | 0% of hours |
| Pacifica | 168 | +6.1% | -43.3% | +10.9% | 84% of hours |
| edgeX | 45 | -4.6% | -21.1% | +20.4% | 26% of hours |
| Aevo | 165 | +4.7% | -37.7% | +11.4% | 81% of hours |
| gTrade | 168 | 0.0% | 0.0% | 0.0% | 0% of hours |
| Ostium | 168 | 0.0% | 0.0% | 0.0% | 0% of hours |
| Bitget | 28 | -11.6% | -37.7% | 0.0% | 0% of hours |
| HTX | 168 | 0.0% | 0.0% | 0.0% | 0% of hours |
USDJPY open interest is $29.4M across 11 venues.
Current price 159.55. Hover or use the arrow keys to read a level.
| Price range | Longs | Shorts |
|---|---|---|
| 170.31 to 170.71 | $0 | $10.6M |
| 162.34 to 162.74 | $0 | $2.0M |
| 153.96 to 154.36 | $1.5M | $0 |
| 151.57 to 151.97 | $1.5M | $0 |
| 163.53 to 163.93 | $0 | $1.0M |
| 150.77 to 151.17 | $979.3K | $0 |
| 147.98 to 148.38 | $869.8K | $0 |
| 148.38 to 148.78 | $851.9K | $0 |
| 168.72 to 169.12 | $0 | $498.4K |
| 169.52 to 169.92 | $0 | $419.8K |
| 152.37 to 152.76 | $380.5K | $0 |
| 152.76 to 153.16 | $361.6K | $0 |
73 accounts on trade.xyz · $10.6M long · $15.5M short · Nov 11, 23:00 UTC
USDJPY long and short liquidations by venue.
$5.0M of USDJPY traded in the last 24 hours across 11 venues.
| Window | Taker buys | Taker sells | Net | Buy share |
|---|---|---|---|---|
| 1 hour | – | – | – | – |
| 4 hours | – | – | – | – |
| 12 hours | $1.8M | $1.2M | +$522.0K | 59% |
| 24 hours | $2.6M | $1.6M | +$1.0M | 62% |
| 3 days | $4.9M | $3.0M | +$2.0M | 63% |
| 7 days | – | – | – | – |
Trades over $100K · liquidations over $10K
| Time | Venue | Trade | Size | Price |
|---|---|---|---|---|
| Nov 11, 19:09 UTC | trade.xyz | Taker sell | $199.9K | 159.69 |
| Nov 11, 19:08 UTC | trade.xyz | Taker sell | $199.9K | 159.72 |
| Nov 11, 13:41 UTC | trade.xyz | Taker buy | $100.6K | 159.37 |
| Nov 11, 10:17 UTC | trade.xyz | Taker buy | $247.1K | 158.94 |
| Nov 10, 23:35 UTC | trade.xyz | Taker buy | $192.0K | 158.69 |
| Nov 5, 16:57 UTC | trade.xyz | Taker sell | $519.4K | 157.62 |
Loading the latest USDJPY headlines.
| When | Venue | Change |
|---|---|---|
| Oct 23, 2026 to Nov 11, 2026 | Veranta USD/JPY | Max leverage moves between 100x and 500x (37 changes), now 100x |
| Nov 8, 2026 | Orderly PERP_USDJPY_USDC | Max leverage changed from 20.0x to 50x |
| Nov 6, 2026 | Orderly PERP_USDJPY_USDC | Max leverage changed from 50.0x to 20x |
| Nov 1, 2026 | Orderly PERP_USDJPY_USDC | Max leverage changed from 20.0x to 50x |
| Oct 30, 2026 | Orderly PERP_USDJPY_USDC | Max leverage changed from 50.0x to 20x |
| Oct 27, 2026 | gTrade USD/JPY | Listed again |
| Oct 27, 2026 | gTrade USD/JPY | Delisted |
| Oct 26, 2026 | gTrade USD/JPY | Listed again |
| Oct 26, 2026 | gTrade USD/JPY | Delisted |
| Oct 26, 2026 | Nado USDJPY-PERP | Delisted |
| Oct 25, 2026 | Nado USDJPY-PERP | Listed again |
| Oct 25, 2026 | Orderly PERP_USDJPY_USDC | Max leverage changed from 20.0x to 50x |
| Oct 23, 2026 | Nado USDJPY-PERP | Delisted |
| Oct 23, 2026 | Orderly PERP_USDJPY_USDC | Max leverage changed from 50.0x to 20x |