ETH funding rate on SoDEX

Funding APR
+10.95%
0.0013% / 1h
Interval
1h
next 19:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
24
listing this pair

Over the last 29.7 days, ETH funding on SoDEX averaged +8.1% APR and stayed positive 97.9% of the time, ranging from -51.3% to +10.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 1h across 24 venues we track. The most reliable delta-neutral pairing for ETH right now is long HotStuff / short Lighter at +4622.5% net APR (low risk, ~0.3d to break even).

as of 2026-07-21 18:14 UTC

ETH funding history on SoDEXlast 30d

30d average
+8.08%
Range
-51% / 11%
% positive
97.9%
Volatility
4.6
Best delta-neutral pairing
Long HotStuff / Short Lighter
+4622.5% net APR
Backtested (30d)
+43.5%
Stability
77.4%
Risk
low
Breakeven
~0.3d

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
Kraken+12.78%
Hyperliquid+10.95%
Ondo+10.95%
Katana+10.95%
Hyena+10.95%
Grvt+10.95%
SoDEX+10.95%
Arcus+10.95%
EdgeX+10.95%
Nado+10.95%
Paradex+10.72%
Lighter+10.51%
Decibel+9.64%
Variational+9.01%
Aster+7.08%
Ethereal+5.70%
Pacifica+4.83%
Extended+2.63%
RiseX+1.88%
dYdX+0.00%
Perpl+0.00%
01xyz+0.00%
Phoenix-2.74%
HotStuff-4613.02%

Frequently asked

What is the current ETH funding rate on SoDEX?

ETH on SoDEX is funding at 10.95% APR (0.0013% every 1h), paid longs pay shorts, as of 2026-07-21 18:14 UTC.

How often does SoDEX 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 Lighter, currently 4622.5% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy