S funding rates
S perpetual funding is currently quoted across 8 venues, ranging from -117.0% to +49.1% APR. The most reliable delta-neutral pairing for S right now is long Hyperliquid / short 01xyz at +45.4% net APR (high risk, ~1.1d to break even).
as of 2026-06-12 04:35 UTC
Best delta-neutral pairing
Long Hyperliquid / Short 01xyz
+45.4% net APR
- Backtested (30d)
- +22.3%
- Stability
- 90.5%
- Risk
- high
- Breakeven
- ~1.1d
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 |
|---|---|
| 01xyz | +49.06% |
| Extended | +43.80% |
| Variational | +10.95% |
| Aster | +10.95% |
| Lighter | +10.51% |
| dYdX | +0.00% |
| Hyperliquid | -4.80% |
| Kraken | -116.99% |
Frequently asked
What is the S funding rate right now?
S perpetual funding ranges from -116.99% to 49.06% APR across 8 exchanges we track; the widest delta-neutral spread is long Hyperliquid / short 01xyz at 45.4% net APR.
Which exchange has the highest S funding rate?
01xyz currently has the highest at 49.06% APR. See the full ranking above.