ETHFI funding rates

ETHFI perpetual funding is currently quoted across 8 venues, ranging from +0.0% to +57.0% APR. The most reliable delta-neutral pairing for ETHFI right now is long Lighter / short Kraken at +29.1% net APR (high risk, ~1.1d to break even).

as of 2026-06-13 02:15 UTC
Best delta-neutral pairing
Long Lighter / Short Kraken
+29.1% net APR
Backtested (30d)
-49.8%
Stability
36.4%
Risk
high
Breakeven
~1.1d

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

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ETHFI funding by exchange

ExchangeFunding APR
Kraken+57.01%
Hyperliquid+10.95%
Variational+10.95%
Aster+10.95%
EdgeX+10.95%
Paradex+10.61%
Lighter+10.51%
dYdX+0.00%

Frequently asked

What is the ETHFI funding rate right now?

ETHFI perpetual funding ranges from 0.00% to 57.01% APR across 8 exchanges we track; the widest delta-neutral spread is long Lighter / short Kraken at 29.1% net APR.

Which exchange has the highest ETHFI funding rate?

Kraken currently has the highest at 57.01% APR. See the full ranking above.