ETH funding rate on Paradex

Funding APR
+5.55%
0.0006% / 8h
Interval
8h
next 16:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
26
listing this pair

Over the last 30 days, ETH funding on Paradex averaged +9.3% APR and stayed positive 99.4% of the time, ranging from -10.6% to +16.4%. Right now it pays longs pay shorts at +5.5% APR, settled every 8h across 26 venues we track. The most reliable delta-neutral pairing for ETH right now is long n1xyz / short Phoenix at +8.2% net APR (low risk, ~2.2d to break even).

as of 2026-09-12 08:35 UTC

ETH funding history on Paradexlast 30d

30d average
+9.33%
Range
-11% / 16%
% positive
99.4%
Volatility
2.2
Best delta-neutral pairing
Long n1xyz / Short Phoenix
+8.2% net APR
Backtested (30d)
+8.5%
Stability
96.1%
Risk
low
Breakeven
~2.2d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How ETH funding compares across venues

ExchangeFunding APR
Phoenix+11.45%
Extended+11.39%
Pacifica+10.95%
Polymarket+10.95%
Arcus+10.95%
Bulk+10.95%
Katana+10.93%
RiseX+10.77%
Lighter RH+10.51%
SoDEX+7.55%
Kraken+7.05%
Lighter+7.01%
TxFlow+6.18%
Paradex+5.55%
Aster+5.48%
Decibel+1.75%
Variational+1.66%
Hibachi+0.22%
Perpl+0.00%
Nado-0.18%
dYdX-0.88%
n1xyz-0.88%
Hyperliquid-2.62%
Grvt-6.46%
HotStuff-8.76%
Ondo-8.94%

Frequently asked

What is the current ETH funding rate on Paradex?

ETH on Paradex is funding at 5.55% APR (0.0006% every 8h), paid longs pay shorts, as of 2026-09-12 08:35 UTC.

How often does Paradex pay funding on ETH?

Every 8 hours.

How do I earn ETH funding without price risk?

Open a delta-neutral position: long n1xyz and short Phoenix, currently 8.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy