ICP funding rates

ICP perpetual funding is currently quoted across 10 venues, ranging from -39.7% to +11.4% APR. The most reliable delta-neutral pairing for ICP right now is long Variational / short Pacifica at +35.3% net APR (low risk, ~0.9d to break even).

as of 2026-09-12 14:47 UTC
Best delta-neutral pairing
Long Variational / Short Pacifica
+35.3% net APR
Backtested (30d)
+11.4%
Stability
89.9%
Risk
low
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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ICP funding by exchange

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Grvt+10.95%
Aster+10.95%
Lighter+10.51%
dYdX+0.00%
Kraken-18.53%
Variational-30.02%
TxFlow-39.67%

Frequently asked

What is the ICP funding rate right now?

ICP perpetual funding ranges from -39.67% to 11.39% APR across 10 exchanges we track; the widest delta-neutral spread is long Variational / short Pacifica at 35.3% net APR.

Which exchange has the highest ICP funding rate?

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