NASDAQ 100 (NDX) funding rates

NASDAQ 100 (NDX) perpetual funding is currently quoted across 10 venues, ranging from -76.7% to +26.3% APR. The most reliable delta-neutral pairing for NASDAQ 100 (NDX) right now is long Lighter / short Ondo at +0.8% net APR (low risk, ~3.8d to break even).

as of 2026-09-12 17:54 UTC
Best delta-neutral pairing
Long Lighter / Short Ondo
+0.8% net APR
Backtested (30d)
+1.6%
Stability
96.6%
Risk
low
Breakeven
~3.8d

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
HotStuff+26.28%
Ondo+5.52%
TradeXYZ+5.48%
Polymarket+5.47%
Paradex+5.47%
SoDEX+5.47%
Lighter+3.50%
Extended+3.50%
QFEX+0.00%
Kraken-76.67%

Frequently asked

What is the NDX funding rate right now?

NASDAQ 100 (NDX) perpetual funding ranges from -76.67% to 26.28% APR across 10 exchanges we track; the widest delta-neutral spread is long Lighter / short Ondo at 0.8% net APR.

Which exchange has the highest NDX funding rate?

HotStuff currently has the highest at 26.28% APR. See the full ranking above.