ETH Funding Rate — live across 29 venues
Compared across 29 supported venues · net of estimated fees · updated every few minutes
Live annualized ETH perpetual funding across all 29 venues Perpia tracks. Right now ETH funding is positive on 25 and negative on 2, ranging from +39.9% on Risex to -3.1% on ApeX — a spread of 43.0%. The widest delta-neutral trade is long 01 / short Risex at 40.8% net APR.
ETH funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
ETH funding rate by venue
243 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Risex↗ | +39.9% | 1h |
| Extended↗ | +11.4% | 1h |
| Arcus↗ | +10.9% | 1h |
| Ondo Perps | +10.9% | 1h |
| Vest↗ | +10.9% | 1h |
| Nado↗ | +10.9% | 24h |
| Hyperliquid↗ | +10.9% | 1h |
| BackPack↗ | +10.9% | 1h |
| Pacifica↗ | +10.9% | 1h |
| Aster↗ | +10.2% | 8h |
| Sodex↗ | +9.4% | 1h |
| Paradex↗ | +8.7% | 8h |
| Bitget↗ | +7.1% | 8h |
| Binance↗ | +6.8% | 8h |
| MEXC↗ | +6.6% | 8h |
| Variational↗ | +6.2% | 8h |
| OKX↗ | +4.9% | 8h |
| Gate.io↗ | +4.5% | 8h |
| BingX↗ | +4.5% | 8h |
| KuCoin↗ | +4.5% | 8h |
| Lighter↗ | +4.4% | 8h |
| Bybit↗ | +3.6% | 8h |
| EdgeX↗ | +2.7% | 4h |
| GMTrade↗ | +0.1% | 1h |
| dYdX↗ | +0.1% | 1h |
| HyENA↗ | +0.0% | 1h |
| Ostium↗ | +0.0% | 1h |
| 01↗ | -2.6% | 1h |
| ApeX↗ | -3.1% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the 01 vs Risex page.
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ETH funding — FAQ
Is ETH funding positive right now?
ETH perpetual funding is positive on 25 of 29 venues Perpia tracks and negative on 2. The highest is +39.9% on Risex; the lowest is -3.1% on ApeX.
What is the best ETH funding arbitrage right now?
Go long 01 and short Risex for about 40.8% net APR after fees — the widest delta-neutral ETH spread Perpia currently sees.
Which exchange has the highest ETH funding rate?
Risex, at +39.9% annualized. Funding shifts continuously, so check the live table above before trading.
How ETH funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to ETH
Markets with the widest spreads on Risex — the same two exchanges you would already have funded for the ETH trade.