dYdX funding rates

24 markets · paired against 27 venues

dYdX Funding Rates — live across 24 markets

PERP · 1h funding interval · paired against 27 other venues · updated every few minutes

Live annualized funding for every dYdX perpetual market Perpia scans. Right now 8 of 24 markets pay positive funding (longs pay shorts) and 1 pay negative, with a median of +0.0%. The widest delta-neutral spread involving dYdX on a market with real depth is ETH: long GMTrade / short dYdX at 16.7% net APR.

Markets tracked24in the snapshot
Paying positive8longs pay shorts
Median funding APR+0.0%annualized
Funding interval1hacross its markets

dYdX at a glance

venue registry
Taker fee0.050%venue default
Maker fee0.020%venue default
Volume 24h$72.9Mvenue-wide
Listed markets73OI $49.6M

Fees are the venue's published default tiers — the ones Perpia uses when a market has no per-market override. Volume and open interest are venue-wide, not per market. dYdX website ↗

dYdX funding rate history

last 30 days · annualized
492%0-124.8%
17 Sep17 Oct

Over the last 30 days XMR on dYdX averaged +93.4% annualized, ranging from -82.3% to +449.5%; funding was positive 88% of the time. Rates are sampled per settlement and annualized, so venues on different intervals stay comparable. A market that spends most of its time on one side of zero is the one worth holding; a rate that crosses zero often pays only while you watch it.

Highest funding on dYdX

longs pay shorts
Markets with the highest annualized funding on dYdX
MarketFunding APRInterval
XMR+160.9%1h
ONDO+128.0%1h
SEI+28.7%1h
LTC+24.9%1h
ETH+21.6%1h
BNB+13.6%1h
XAG+4.5%1h
SOL+1.7%1h
XRP+0.0%1h
BTC+0.0%1h
ARB+0.0%1h
WLFI+0.0%1h

Most negative funding on dYdX

shorts pay longs
Markets with the most negative annualized funding on dYdX
MarketFunding APRInterval
WIF-1.7%1h
ENA+0.0%1h
TAO+0.0%1h
JUP+0.0%1h
WLD+0.0%1h
ASTER+0.0%1h
DOGE+0.0%1h
SUI+0.0%1h
AVAX+0.0%1h
AAVE+0.0%1h
NEAR+0.0%1h
TRX+0.0%1h

Best dYdX funding spreads

251 pairs scanned · net of fees
MarketLongShortNet APRThin leg volMax size
XMRGMTradedYdX155.7%$35K—
XMRLighterdYdX148.6%$35K—
XMRMEXCdYdX148.1%$35K—
XMRVariationaldYdX147.7%$35K—
XMRExtendeddYdX147.5%$35K—
XMRAsterdYdX147.4%$35K—
XMRBingXdYdX147.4%$35K—
XMRBinancedYdX147.4%$35K—
XMRGate.iodYdX147.2%$35K—
XMRNadodYdX147.1%$35K—
XMRKuCoindYdX147.0%$35K—
XMRBybitdYdX146.8%$35K—

Net APR is the gross funding spread minus entry and exit fees, both legs' bid/ask spread and estimated slippage. “Max size” is shown only where real order-book depth was available; a dash means the cap is a placeholder, not a measurement.

dYdX versus other exchanges

most shared markets first

The exchanges dYdX currently shares the most markets with. Each pair has its own page with the live spread between the two.

dYdX funding — FAQ

What is the funding rate on dYdX right now?

Across the 24 dYdX perpetual markets Perpia tracks, the median annualized funding is +0.0%. 8 markets currently pay positive funding (longs pay shorts) and 1 pay negative. The highest is XMR at +160.9%.

How often does dYdX pay funding?

dYdX settles funding every 1 hours on all 24 markets tracked here. Perpia annualizes the rate so it is comparable with venues on other intervals.

What is the best dYdX funding arbitrage right now?

Long GMTrade and short dYdX on ETH, worth about 16.7% net APR after estimated fees — the widest delta-neutral spread involving dYdX on a market with at least $1M of 24h volume on the smaller leg in the current snapshot.

How to read a venue funding rate

Funding is a recurring payment between the long and short side of a perpetual, set by each venue from its own perp-versus-spot basis. A positive rate means longs pay shorts. Because every exchange computes it independently — different intervals, clamps and premium windows — the same market can pay positive funding here and negative elsewhere, which is what a delta-neutral funding trade harvests. Perpia annualizes every rate so venues on 1h, 4h and 8h intervals are directly comparable. See the methodology for the exact calculation.