ETH funding rate on dYdX

Funding APR
-4.96%
-0.0006% / 1h
Interval
1h
next 04:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
26
listing this pair

Over the last 30 days, ETH funding on dYdX averaged -1.5% APR and stayed positive 54.3% of the time, ranging from -99.0% to +72.5%. Right now it pays shorts pay longs at -5.0% APR, settled every 1h across 26 venues we track. The most reliable delta-neutral pairing for ETH right now is long n1xyz / short Phoenix at +21.1% net APR (low risk, ~1.1d to break even).

as of 2026-09-12 03:36 UTC

ETH funding history on dYdXlast 30d

30d average
-1.51%
Range
-99% / 73%
% positive
54.3%
Volatility
19.8
Best delta-neutral pairing
Long n1xyz / Short Phoenix
+21.1% net APR
Backtested (30d)
+8.4%
Stability
96.1%
Risk
low
Breakeven
~1.1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

Open this trade
Watch ETH on Telegram

Not ready to trade? Get a Telegram ping when ETH's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.

How ETH funding compares across venues

ExchangeFunding APR
Phoenix+12.88%
Kraken+11.93%
Pacifica+10.95%
Arcus+10.95%
Bulk+10.95%
Katana+10.93%
RiseX+10.53%
Lighter+10.51%
Lighter RH+9.64%
Decibel+9.64%
Paradex+7.98%
Extended+7.01%
Aster+6.64%
Hyperliquid+5.40%
Polymarket+4.32%
Variational+0.27%
Perpl+0.00%
Ondo-0.35%
Hibachi-1.64%
Nado-3.46%
SoDEX-3.73%
dYdX-4.96%
TxFlow-5.20%
Grvt-7.56%
HotStuff-8.76%
n1xyz-12.26%

Frequently asked

What is the current ETH funding rate on dYdX?

ETH on dYdX is funding at -4.96% APR (-0.0006% every 1h), paid shorts pay longs, as of 2026-09-12 03:36 UTC.

How often does dYdX pay funding on ETH?

Every 1 hour.

How do I earn ETH funding without price risk?

Open a delta-neutral position: long n1xyz and short Phoenix, currently 21.1% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy