ERA funding rates

ERA perpetual funding is currently quoted across 3 venues, ranging from -543.4% to +10.9% APR. The most reliable delta-neutral pairing for ERA right now is long Aster / short Variational at +544.1% net APR (high risk, ~0.1d to break even).

as of 2026-07-29 10:02 UTC
Best delta-neutral pairing
Long Aster / Short Variational
+544.1% net APR
Backtested (30d)
-114.3%
Stability
54.3%
Risk
high
Breakeven
~0.1d

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

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ERA funding by exchange

ExchangeFunding APR
dYdX+10.95%
Variational+10.95%
Aster-543.37%

Frequently asked

What is the ERA funding rate right now?

ERA perpetual funding ranges from -543.37% to 10.95% APR across 3 exchanges we track; the widest delta-neutral spread is long Aster / short Variational at 544.1% net APR.

Which exchange has the highest ERA funding rate?

dYdX currently has the highest at 10.95% APR. See the full ranking above.