TON funding rates

TON perpetual funding is currently quoted across 12 venues, ranging from -132.5% to +10.9% APR. The most reliable delta-neutral pairing for TON right now is long Paradex / short Ethereal at +131.6% net APR (low risk, ~0.3d to break even).

as of 2026-06-12 16:13 UTC
Best delta-neutral pairing
Long Paradex / Short Ethereal
+131.6% net APR
Backtested (30d)
+36.5%
Stability
83.8%
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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TON funding by exchange

ExchangeFunding APR
Hyperliquid+10.95%
EdgeX+10.95%
Lighter+7.88%
Ethereal+6.42%
dYdX+0.00%
Nado-3.59%
Aster-6.80%
Variational-7.65%
Extended-35.04%
Grvt-45.77%
Kraken-92.73%
Paradex-132.47%

Frequently asked

What is the TON funding rate right now?

TON perpetual funding ranges from -132.47% to 10.95% APR across 12 exchanges we track; the widest delta-neutral spread is long Paradex / short Ethereal at 131.6% net APR.

Which exchange has the highest TON funding rate?

Hyperliquid currently has the highest at 10.95% APR. See the full ranking above.