LDO funding rates

LDO perpetual funding is currently quoted across 13 venues, ranging from -28.2% to +10.9% APR. The most reliable delta-neutral pairing for LDO right now is long Decibel / short Pacifica at +31.2% net APR (low risk, ~1.1d to break even).

as of 2026-09-12 14:36 UTC
Best delta-neutral pairing
Long Decibel / Short Pacifica
+31.2% net APR
Backtested (30d)
+19.2%
Stability
100%
Risk
low
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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LDO funding by exchange

ExchangeFunding APR
Hyperliquid+10.95%
Pacifica+10.95%
Variational+10.95%
Aster+10.95%
Lighter+10.51%
Paradex+10.41%
Polymarket+7.38%
Grvt+4.27%
Extended+0.88%
dYdX+0.00%
Kraken-4.14%
Decibel-27.16%
TxFlow-28.24%

Frequently asked

What is the LDO funding rate right now?

LDO perpetual funding ranges from -28.24% to 10.95% APR across 13 exchanges we track; the widest delta-neutral spread is long Decibel / short Pacifica at 31.2% net APR.

Which exchange has the highest LDO funding rate?

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