S funding rates
S perpetual funding is currently quoted across 6 venues, ranging from -536.1% to +10.9% APR. The most reliable delta-neutral pairing for S right now is long Variational / short Aster at +19.3% net APR (high risk, ~2d to break even).
as of 2026-10-27 23:42 UTC
Best delta-neutral pairing
Long Variational / Short Aster
+19.3% net APR
- Backtested (30d)
- +25.1%
- Stability
- 73.2%
- Risk
- high
- Breakeven
- ~2d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeS funding by exchange
| Exchange | Funding APR |
|---|---|
| Hyperliquid | +10.95% |
| Aster | +10.95% |
| Lighter | +10.51% |
| Extended | +8.76% |
| Variational | -16.16% |
| n1xyz | -536.11% |
Frequently asked
What is the S funding rate right now?
S perpetual funding ranges from -536.11% to 10.95% APR across 6 exchanges we track; the widest delta-neutral spread is long Variational / short Aster at 19.3% net APR.
Which exchange has the highest S funding rate?
Hyperliquid currently has the highest at 10.95% APR. See the full ranking above.