USUAL funding rates
USUAL perpetual funding is currently quoted across 3 venues, ranging from +10.9% to +186.7% APR. The most reliable delta-neutral pairing for USUAL right now is long Hyperliquid / short Kraken at +151.4% net APR (medium risk, ~1.3d to break even).
as of 2026-09-10 07:50 UTC
Best delta-neutral pairing
Long Hyperliquid / Short Kraken
+151.4% net APR
- Backtested (30d)
- +34.6%
- Stability
- 64.8%
- Risk
- medium
- Breakeven
- ~1.3d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeUSUAL funding by exchange
| Exchange | Funding APR |
|---|---|
| Kraken | +186.73% |
| Hyperliquid | +10.95% |
| Variational | +10.95% |
Frequently asked
What is the USUAL funding rate right now?
USUAL perpetual funding ranges from 10.95% to 186.73% APR across 3 exchanges we track; the widest delta-neutral spread is long Hyperliquid / short Kraken at 151.4% net APR.
Which exchange has the highest USUAL funding rate?
Kraken currently has the highest at 186.73% APR. See the full ranking above.