S funding rates
S perpetual funding is currently quoted across 7 venues, ranging from -154.2% to +0.0% APR. The most reliable delta-neutral pairing for S right now is long Extended / short Lighter at +91.4% net APR (high risk, ~0.6d to break even).
as of 2026-07-29 10:36 UTC
Best delta-neutral pairing
Long Extended / Short Lighter
+91.4% net APR
- Backtested (30d)
- +9.2%
- Stability
- 64.2%
- Risk
- high
- Breakeven
- ~0.6d
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 |
|---|---|
| dYdX | +0.00% |
| Variational | -21.08% |
| Lighter | -54.31% |
| Hyperliquid | -76.17% |
| Kraken | -94.53% |
| Aster | -123.22% |
| Extended | -154.18% |
Frequently asked
What is the S funding rate right now?
S perpetual funding ranges from -154.18% to 0.00% APR across 7 exchanges we track; the widest delta-neutral spread is long Extended / short Lighter at 91.4% net APR.
Which exchange has the highest S funding rate?
dYdX currently has the highest at 0.00% APR. See the full ranking above.