US funding rates

US perpetual funding is currently quoted across 2 venues, ranging from +10.9% to +28.8% APR. The most reliable delta-neutral pairing for US right now is long Aster / short Variational at +5.7% net APR (high risk, ~6.1d to break even).

as of 2026-07-29 10:36 UTC
Best delta-neutral pairing
Long Aster / Short Variational
+5.7% net APR
Backtested (30d)
-12.8%
Stability
48.6%
Risk
high
Breakeven
~6.1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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US funding by exchange

ExchangeFunding APR
Variational+28.75%
Aster+10.95%

Frequently asked

What is the US funding rate right now?

US perpetual funding ranges from 10.95% to 28.75% APR across 2 exchanges we track; the widest delta-neutral spread is long Aster / short Variational at 5.7% net APR.

Which exchange has the highest US funding rate?

Variational currently has the highest at 28.75% APR. See the full ranking above.