FOGO funding rates

FOGO perpetual funding is currently quoted across 4 venues, ranging from -59.6% to +10.9% APR. The most reliable delta-neutral pairing for FOGO right now is long Lighter / short Variational at +52.8% net APR (high risk, ~1.3d to break even).

as of 2026-07-29 10:40 UTC
Best delta-neutral pairing
Long Lighter / Short Variational
+52.8% net APR
Backtested (30d)
-7.7%
Stability
79.9%
Risk
high
Breakeven
~1.3d

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

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FOGO funding by exchange

ExchangeFunding APR
Hyperliquid+10.95%
Aster+10.95%
Variational+5.74%
Lighter-59.57%

Frequently asked

What is the FOGO funding rate right now?

FOGO perpetual funding ranges from -59.57% to 10.95% APR across 4 exchanges we track; the widest delta-neutral spread is long Lighter / short Variational at 52.8% net APR.

Which exchange has the highest FOGO funding rate?

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