ETHFI funding rates

ETHFI perpetual funding is currently quoted across 9 venues, ranging from -73.0% to +11.4% APR. The most reliable delta-neutral pairing for ETHFI right now is long TxFlow / short Lighter at +77.7% net APR (high risk, ~0.9d to break even).

as of 2026-09-12 03:50 UTC
Best delta-neutral pairing
Long TxFlow / Short Lighter
+77.7% net APR
Backtested (30d)
+49.7%
Stability
79.9%
Risk
high
Breakeven
~0.9d

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
Extended+11.39%
Hyperliquid+10.95%
Polymarket+10.95%
Variational+10.95%
Aster+10.95%
Paradex+10.95%
Lighter+10.51%
Kraken+4.46%
TxFlow-73.02%

Frequently asked

What is the ETHFI funding rate right now?

ETHFI perpetual funding ranges from -73.02% to 11.39% APR across 9 exchanges we track; the widest delta-neutral spread is long TxFlow / short Lighter at 77.7% net APR.

Which exchange has the highest ETHFI funding rate?

Extended currently has the highest at 11.39% APR. See the full ranking above.