IP funding rate on dYdX

Funding APR
+10.95%
0.0013% / 1h
Interval
1h
next 23:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
12
listing this pair

Over the last 30 days, IP funding on dYdX averaged +10.9% APR and stayed positive 100% of the time, ranging from +10.9% to +10.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for IP right now is long Hyena / short Hyperliquid at +4.7% net APR (high risk, ~0.8d to break even).

as of 2026-06-13 22:23 UTC

IP funding history on dYdXlast 30d

30d average
+10.95%
Range
11% / 11%
% positive
100%
Volatility
0.0
Best delta-neutral pairing
Long Hyena / Short Hyperliquid
+4.7% net APR
Backtested (30d)
+18.5%
Stability
85%
Risk
high
Breakeven
~0.8d

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

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How IP funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
dYdX+10.95%
Variational+10.95%
EdgeX+10.95%
Lighter+10.51%
Hyena-6.92%
Aster-11.99%
Grvt-19.71%
01xyz-34.16%
Extended-42.92%
Kraken-53.97%
Paradex-111.86%

Frequently asked

What is the current IP funding rate on dYdX?

IP on dYdX is funding at 10.95% APR (0.0013% every 1h), paid longs pay shorts, as of 2026-06-13 22:23 UTC.

How often does dYdX pay funding on IP?

Every 1 hour.

How do I earn IP funding without price risk?

Open a delta-neutral position: long Hyena and short Hyperliquid, currently 4.7% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy