S funding rates
S perpetual funding is currently quoted across 7 venues, ranging from -154.4% to +33.3% APR. The most reliable delta-neutral pairing for S right now is long Variational / short Extended at +59.9% net APR (high risk, ~1d to break even).
as of 2026-09-10 07:18 UTC
Best delta-neutral pairing
Long Variational / Short Extended
+59.9% net APR
- Backtested (30d)
- +44.9%
- Stability
- 96.1%
- Risk
- high
- Breakeven
- ~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 |
|---|---|
| n1xyz | +33.29% |
| Lighter | +10.51% |
| Extended | -15.77% |
| Variational | -86.21% |
| Aster | -100.03% |
| Hyperliquid | -134.83% |
| Kraken | -154.41% |
Frequently asked
What is the S funding rate right now?
S perpetual funding ranges from -154.41% to 33.29% APR across 7 exchanges we track; the widest delta-neutral spread is long Variational / short Extended at 59.9% net APR.
Which exchange has the highest S funding rate?
n1xyz currently has the highest at 33.29% APR. See the full ranking above.