ETH funding rates
ETH perpetual funding is currently quoted across 23 venues, ranging from -5.0% to +24.4% APR. The most reliable delta-neutral pairing for ETH right now is long Hibachi / short Katana at +4.9% net APR (low risk, ~3.2d to break even).
as of 2026-07-29 10:36 UTC
Best delta-neutral pairing
Long Hibachi / Short Katana
+4.9% net APR
- Backtested (30d)
- +7.6%
- Stability
- 100%
- Risk
- low
- Breakeven
- ~3.2d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeETH funding by exchange
| Exchange | Funding APR |
|---|---|
| Perpl | +24.45% |
| HotStuff | +11.39% |
| Extended | +11.39% |
| RiseX | +11.26% |
| Ondo | +10.95% |
| Pacifica | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| Arcus | +10.95% |
| Nado | +10.95% |
| Katana | +10.93% |
| SoDEX | +10.23% |
| Decibel | +9.64% |
| Hyena | +8.40% |
| dYdX | +7.27% |
| Paradex | +4.42% |
| Lighter | +2.63% |
| Hyperliquid | +1.48% |
| Ethereal | +1.37% |
| Hibachi | +1.31% |
| Kraken | -1.26% |
| Grvt | -3.83% |
| Phoenix | -5.01% |
Frequently asked
What is the ETH funding rate right now?
ETH perpetual funding ranges from -5.01% to 24.45% APR across 23 exchanges we track; the widest delta-neutral spread is long Hibachi / short Katana at 4.9% net APR.
Which exchange has the highest ETH funding rate?
Perpl currently has the highest at 24.45% APR. See the full ranking above.