ETH funding rate on Hyena

Funding APR
-10.34%
-0.0012% / 8h
Interval
8h
next 08:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
19
listing this pair

Over the last 30 days, ETH funding on Hyena averaged +5.6% APR and stayed positive 80.3% of the time, ranging from -33.9% to +30.6%. Right now it pays shorts pay longs at -10.3% APR, settled every 8h across 19 venues we track. The most reliable delta-neutral pairing for ETH right now is long Hibachi / short Paradex at +9.3% net APR (low risk, ~0.3d to break even).

as of 2026-06-14 05:33 UTC

ETH funding history on Hyenalast 30d

30d average
+5.60%
Range
-34% / 31%
% positive
80.3%
Volatility
9.6
Best delta-neutral pairing
Long Hibachi / Short Paradex
+9.3% net APR
Backtested (30d)
+8.8%
Stability
99.4%
Risk
low
Breakeven
~0.3d

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

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How ETH funding compares across venues

ExchangeFunding APR
RiseX+32.91%
dYdX+15.37%
Hyperliquid+10.95%
Pacifica+10.95%
Aster+10.95%
EdgeX+10.95%
Paradex+10.95%
Nado+10.95%
Lighter+10.51%
Decibel+10.51%
Grvt+8.54%
Variational+8.42%
Ethereal+6.24%
Extended+0.88%
Hibachi+0.66%
01xyz+0.00%
HotStuff-7.88%
Hyena-10.34%
Kraken-11.56%

Frequently asked

What is the current ETH funding rate on Hyena?

ETH on Hyena is funding at -10.34% APR (-0.0012% every 8h), paid shorts pay longs, as of 2026-06-14 05:33 UTC.

How often does Hyena pay funding on ETH?

Every 8 hours.

How do I earn ETH funding without price risk?

Open a delta-neutral position: long Hibachi and short Paradex, currently 9.3% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy