NIL funding rates
NIL perpetual funding is currently quoted across 4 venues, ranging from -101.1% to +10.9% APR. The most reliable delta-neutral pairing for NIL right now is long Aster / short Hyperliquid at +87.7% net APR (low risk, ~6.8d to break even).
as of 2026-06-13 07:53 UTC
Best delta-neutral pairing
Long Aster / Short Hyperliquid
+87.7% net APR
- Backtested (30d)
- -8.4%
- Stability
- 39.1%
- Risk
- low
- Breakeven
- ~6.8d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeNIL funding by exchange
| Exchange | Funding APR |
|---|---|
| Hyperliquid | +10.95% |
| dYdX | +10.95% |
| Variational | +10.95% |
| Aster | -101.12% |
Frequently asked
What is the NIL funding rate right now?
NIL perpetual funding ranges from -101.12% to 10.95% APR across 4 exchanges we track; the widest delta-neutral spread is long Aster / short Hyperliquid at 87.7% net APR.
Which exchange has the highest NIL funding rate?
Hyperliquid currently has the highest at 10.95% APR. See the full ranking above.