ETH funding rate on Perpl

Funding APR
-24.45%
-0.0020% / 1h
Interval
1h
next 17:42 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
24
listing this pair

Over the last 30 days, ETH funding on Perpl averaged -5.3% APR and stayed positive 30.1% of the time, ranging from -48.9% to +48.9%. Right now it pays shorts pay longs at -24.4% APR, settled every 1h across 24 venues we track. The most reliable delta-neutral pairing for ETH right now is long HotStuff / short Phoenix at +16880.9% net APR (low risk, ~0d to break even).

as of 2026-09-04 17:03 UTC

ETH funding history on Perpllast 30d

30d average
-5.29%
Range
-49% / 49%
% positive
30.1%
Volatility
23.8
Best delta-neutral pairing
Long HotStuff / Short Phoenix
+16880.9% net APR
Backtested (30d)
+121.1%
Stability
69.3%
Risk
low
Breakeven
~0d

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
dYdX+20.00%
Phoenix+11.39%
Hyperliquid+10.95%
Ondo+10.95%
Polymarket+10.95%
Pacifica+10.95%
Katana+10.93%
Lighter+10.51%
Lighter RH+10.51%
Decibel+9.64%
Extended+9.64%
Paradex+9.61%
Nado+8.07%
Arcus+3.62%
Grvt+2.74%
Variational+0.58%
Aster-0.66%
RiseX-1.40%
Kraken-2.34%
Hibachi-2.85%
TxFlow-3.09%
SoDEX-4.50%
Perpl-24.45%
HotStuff-16924.32%

Frequently asked

What is the current ETH funding rate on Perpl?

ETH on Perpl is funding at -24.45% APR (-0.0020% every 1h), paid shorts pay longs, as of 2026-09-04 17:03 UTC.

How often does Perpl pay funding on ETH?

Every 1 hour.

How do I earn ETH funding without price risk?

Open a delta-neutral position: long HotStuff and short Phoenix, currently 16880.9% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy