SYRUP funding rate on Variational

Funding APR
+10.95%
0.0050% / 4h
Interval
4h
next 16:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
6
listing this pair

Over the last 30 days, SYRUP funding on Variational averaged +10.9% APR and stayed positive 100% of the time, ranging from +9.7% to +10.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 4h across 6 venues we track. The most reliable delta-neutral pairing for SYRUP right now is long Kraken / short Lighter at +7.1% net APR (high risk, ~0.7d to break even).

as of 2026-07-29 12:12 UTC

SYRUP funding history on Variationallast 30d

30d average
+10.95%
Range
10% / 11%
% positive
100%
Volatility
0.1
Best delta-neutral pairing
Long Kraken / Short Variational
+4.0% net APR
Backtested (30d)
-126.5%
Stability
69.8%
Risk
high
Breakeven
~0.8d

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

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How SYRUP funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
Variational+10.95%
Aster+10.95%
Lighter+10.51%
dYdX+0.00%
Kraken-25.52%

Frequently asked

What is the current SYRUP funding rate on Variational?

SYRUP on Variational is funding at 10.95% APR (0.0050% every 4h), paid longs pay shorts, as of 2026-07-29 12:12 UTC.

How often does Variational pay funding on SYRUP?

Every 4 hours.

How do I earn SYRUP funding without price risk?

Open a delta-neutral position: long Kraken and short Variational, currently 4.0% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy