NASDAQ 100 (NDX) funding rates

NASDAQ 100 (NDX) perpetual funding is currently quoted across 8 venues, ranging from -0.5% to +17.5% APR. The most reliable delta-neutral pairing for NASDAQ 100 (NDX) right now is long Lighter / short HotStuff at +4.2% net APR (low risk, ~0.9d to break even).

as of 2026-07-29 12:00 UTC
Best delta-neutral pairing
Long Lighter / Short HotStuff
+4.2% net APR
Backtested (30d)
+3.4%
Stability
91.6%
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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NDX funding by exchange

ExchangeFunding APR
QFEX+17.52%
Ondo+16.21%
TradeXYZ+5.48%
SoDEX+5.47%
Lighter+3.50%
Extended+3.50%
HotStuff+0.88%
Paradex-0.48%

Frequently asked

What is the NDX funding rate right now?

NASDAQ 100 (NDX) perpetual funding ranges from -0.48% to 17.52% APR across 8 exchanges we track; the widest delta-neutral spread is long Lighter / short HotStuff at 4.2% net APR.

Which exchange has the highest NDX funding rate?

QFEX currently has the highest at 17.52% APR. See the full ranking above.