JAPANESE YEN (JPY) price, where to buy & arbitrage

JPY 5 exchanges

Japanese Yen (JPY) trades on 5 exchanges that Finder tracks live, across 1 spot, 5 perpetual markets. Japanese Yen arbitrage means buying JPY where it is priced lower and selling where it is higher, capturing the gap before it closes. The deepest liquidity is on Ourbit ($5,773,598 of $8,061,267 total 24h volume). With both spot and perpetual JPY markets live, the spot-versus-perp gap and the cross-exchange spread are both arbitrage opportunities. Finder compares every JPY quote in real time to surface the best cross-exchange arbitrage spread, with live deposit and withdrawal status on each rail. Closed transfer rails are flagged before you act, so a wide spread on a stuck route is never shown as live.

Data refreshed 2026-06-29
View on dashboard
Live · 5 exchanges Real-time ↗
$0.006085
-0.16%24h
Best spread now +8.21%
Bitfinex → Bitfinex · 24h high +12.07% · 3h ago
Most liquid Ourbit futures · $5.8M/24h
Best arb right now
▸ BUY on
Bitfinex spot
$0.005438
→
▸ SELL on
Bitfinex futures
$0.005901
+8.21%
$82 net · on $1000 notional
Open · single-exchange legs Open in terminal

JPY price · last 7d

-0.13%
low 0.006157 Ourbit · 7d high 0.006273

Where JPY trades

6 markets
Exchange
Market
Funding
Bid
Ask
24h Vol
Vol%
NetworkD/WFee
Bitfinex
spot
—
$0.00541
$0.00541
$419
<0.1%
❔
Bitfinex
futures
+1.2025%
$0.00617
$0.0065
$16
<0.1%
❔
Ourbit
futures
-0.0127%
$0.006173
$0.006204
$5.8M
71.6%
❔
Bitmart
futures
-0.0127%
$0.00618
$0.006222
$1.2M
14.5%
❔
Lbank
futures
-0.0127%
$0.00618
$0.006197
$1.0M
12.8%
❔
Mexc
futures
-0.0127%
$0.00618
$0.006197
$91k
1.1%
❔

About Japanese Yen spreads

Q.01 Where can I buy JPY? +
JPY is listed on 6 exchanges: Bitfinex, Bitmart, Lbank, Mexc, Ourbit. The highest-volume market is Ourbit ($5,773,598 24h). Current lowest price: $0.00540985 on Bitfinex (spot).
Q.02 What is the best arbitrage route for JPY? +
The top active spread is 8.21%: buy on Bitfinex at $0.00543818, sell on Bitfinex at $0.00590076. Estimated profit: $48 on $578 volume.
Q.03 Where is JPY cheapest to buy right now? +
The lowest live JPY price across the exchanges we track is $0.00540985 on Bitfinex (spot). Prices move every second, so the cheapest exchange can change. The live table above is the source of truth.
Q.04 Does JPY trade on spot or futures? +
JPY is available across 1 spot market, 5 perpetual markets. Both spot-versus-perp and cross-exchange spreads are surfaced on the dashboard.
Q.05 How do I arbitrage JPY between exchanges? +
Buy JPY on the cheaper exchange and sell on the dearer one, then settle the difference. You either transfer the coin (only when the deposit and withdrawal rail is open) or hold offsetting spot and perpetual legs. The main risks are transfer windows, fees and execution speed, all of which Finder surfaces per spread so you act only on routes that are actually open.
Q.06 How often are JPY prices and arbitrage data updated? +
Orderbook prices come from exchange WebSockets with per-symbol updates within seconds. Deposit/withdrawal status refreshes every few minutes. Arbitrage spreads are computed continuously from the same stream.

How to arbitrage JPY

Cross-exchange arbitrage
Compare spot prices across exchanges, move the coin on an open rail, capture the gap.
Spot-futures basis
Trade the basis between spot and the perpetual on the same asset.
%
Funding-rate arbitrage
Earn the funding-rate spread delta-neutral across perpetual venues.
Full arbitrage guide
The complete playbook: routes, fees, transfer rails, risks and execution.

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