ETHFI funding rates
ETHFI perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 4.7%long Variational, short Hyperliquid · net 2.4%
- Highest funding now
- 11.4%ExExtended
- Lowest funding now
- −87.4%PmPolymarket
- Listed on
- 12 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ExExtended | ETHFI-USD | 11.4% | 11.4% | 7.8% | 8.6% | 7.2% | 88% | 1h | 05:00 | 0.7314 | $210k | $883k | ExExtended | ||
| HyHyperliquid | ETHFI | 10.9% | 10.9% | 10.9% | 14.6% | 10.9% | 100% | 1h | — | 0.7332 | $14.3M | $3.3M | HyHyperliquid | ||
| AsAster | ETHFIUSDT | 10.9% | 10.9% | 9.0% | 10.1% | 8.6% | 93% | 4h | 08:00 | 0.7323 | $129k | $43k | AsAster | ||
| BnBinanceCEX | ETHFIUSDT | 10.9% | 10.9% | 7.4% | 7.9% | 6.8% | 88% | 4h | 08:00 | 0.7333 | $25.2M | $28.0M | BnBinance | ||
| ByBybitCEX | ETHFIUSDT | 10.9% | 10.9% | 7.6% | 5.3% | 7.0% | 88% | 4h | 08:00 | 0.7337 | $22.6M | $8.8M | ByBybit | ||
| BgBitgetCEX | ETHFIUSDT | 10.9% | 10.9% | 9.2% | 9.4% | 8.9% | 93% | 4h | 08:00 | 0.7332 | $5.8M | $2.0M | BgBitget | ||
| GtGateCEX | ETHFI_USDT | 10.9% | 8.8% | 7.7% | 6.6% | 7.5% | 88% | 4h | 08:00 | 0.7332 | $13.0M | $1.5M | GtGate | ||
| MxMEXCCEX | ETHFI_USDT | 10.9% | 10.9% | 7.3% | 8.3% | 6.7% | 88% | 4h | 08:00 | 0.7323 | $9.3M | $6.0M | MxMEXC | ||
| VaVariational | ETHFI | 10.9% | 10.9% | 6.2% | 5.0% | 5.5% | 85% | 4h | — | 0.7289 | $2.2M | $949k | VaVariational | ||
| LiLighter | ETHFI | 10.5% | 10.5% | 10.8% | 19.1% | 10.8% | 99% | 1h | 05:00 | 0.7282 | $1.0M | $305k | LiLighter | ||
| RwRWA Perp | PERP_ETHFI_USDC | −18.6% | −14.1% | −14.5% | −8.4% | −14.6% | 16% | 4h | 08:00 | 0.7318 | $16k | $180k | RwRWA Perp | ||
| PmPolymarket | ETHFI-USD | −87.4% | −94.6% | −31.5% | −21.7% | −21.0% | 37% | 1h | 05:00 | 0.7319 | $80k | $30k | PmPolymarket |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| PmPolymarket | LiLighter | 97.9% | 105% | 42.3% | 40.7% | 40.2% | 60.4% | 0.7d | spike ×3.3 | $80k | invite only | PmLi | calc | |
| PmPolymarket | HyHyperliquid | 98.4% | 106% | 42.5% | 36.3% | 38.1% | 57.1% | 1.5d | spike ×3.3 | $80k | invite only | PmHy | calc | |
| PmPolymarket | AsAster | 98.4% | 106% | 40.5% | 31.8% | 36.3% | 54.5% | 1.4d | spike ×3.6 | $80k | 1h/4hinvite only | PmAs | calc | |
| PmPolymarket | ExExtended | 98.8% | 106% | 39.3% | 30.2% | 35.9% | 53.9% | 1.2d | spike ×3.8 | $80k | invite only | PmEx | calc | |
| PmPolymarket | MxMEXCCEX | 98.4% | 106% | 38.9% | 29.9% | 35.8% | 53.6% | 1.1d | spike ×3.8 | $80k | 1h/4hinvite only | PmMx | calc | |
| PmPolymarket | VaVariational | 98.4% | 106% | 37.8% | 26.7% | 35.7% | 53.6% | 0.8d | spike ×4.0 | $80k | 1h/4hinvite onlyspread not incl. | PmVa | calc | |
| PmPolymarket | BgBitgetCEX | 98.4% | 106% | 40.7% | 31.1% | 35.5% | 53.3% | 1.8d | spike ×3.5 | $80k | 1h/4hinvite only | PmBg | calc | |
| PmPolymarket | BnBinanceCEX | 98.4% | 106% | 38.9% | 26.6% | 34.2% | 51.3% | 1.7d | spike ×3.8 | $80k | 1h/4hinvite only | PmBn | calc | |
| PmPolymarket | ByBybitCEX | 98.4% | 106% | 39.1% | 26.9% | 34.2% | 51.3% | 1.8d | spike ×3.8 | $80k | 1h/4hinvite only | PmBy | calc | |
| PmPolymarket | GtGateCEX | 98.4% | 103% | 39.2% | 28.3% | 33.2% | 49.8% | 2.1d | spike ×3.6 | $80k | 1h/4hinvite only | PmGt | calc | |
| VaVariational | HyHyperliquid | 0.0% | 0.0% | 4.7% | 9.6% | 2.4% | 3.5% | 7.0d | cooling | $2.2M | 4h/1hspread not incl. | VaHy | calc | |
| VaVariational | LiLighter | −0.4% | −0.4% | 4.5% | 14.0% | 4.5% | 6.8% | <0.1d | mixed | $1.0M | 4h/1hspread not incl. | VaLi | calc | |
| MxMEXCCEX | LiLighter | −0.4% | −0.4% | 3.4% | 10.8% | 2.4% | 3.6% | 4.3d | mixed | $1.0M | 4h/1h | MxLi | calc | |
| ExExtended | LiLighter | −0.9% | −0.8% | 3.0% | 10.5% | 1.7% | 2.6% | 6.1d | mixed | $210k | ExLi | calc | ||
| VaVariational | AsAster | 0.0% | 0.0% | 2.7% | 5.1% | 0.6% | 0.9% | 11d | weak | $129k | spread not incl. | VaAs | calc | |
| BnBinanceCEX | LiLighter | −0.4% | −0.4% | 3.4% | 12.3% | 0.8% | 1.2% | 11d | mixed | $1.0M | 4h/1h | BnLi | calc | |
| MxMEXCCEX | HyHyperliquid | 0.0% | 0.0% | 3.6% | 6.3% | 0.2% | 0.3% | 13d | weak | $9.3M | 4h/1h | MxHy | calc | |
| VaVariational | ExExtended | 0.4% | 0.4% | 1.5% | 3.5% | 0.2% | 0.3% | 12d | weak | $210k | 4h/1hspread not incl. | VaEx | calc | |
| ByBybitCEX | LiLighter | −0.4% | −0.4% | 3.2% | 13.8% | 0.3% | 0.5% | 13d | mixed | $1.0M | 4h/1h | ByLi | calc | |
| VaVariational | MxMEXCCEX | 0.0% | 0.0% | 1.1% | 3.2% | 0.1% | 0.1% | 13d | weak | $2.2M | spread not incl. | VaMx | calc | |
| VaVariational | BgBitgetCEX | 0.0% | 0.0% | 2.9% | 4.4% | −0.2% | −0.3% | 15d | weak | $2.2M | spread not incl. | VaBg | calc | |
| AsAster | LiLighter | −0.4% | −0.4% | 1.8% | 8.9% | −0.3% | −0.4% | 16d | mixed | $129k | 4h/1h | AsLi | calc | |
| ExExtended | HyHyperliquid | −0.4% | −0.4% | 3.2% | 6.1% | −0.5% | −0.7% | 16d | mixed | $210k | ExHy | calc | ||
| BnBinanceCEX | HyHyperliquid | 0.0% | 0.0% | 3.6% | 6.3% | −1.4% | −2.1% | 19d | weak | $14.3M | 4h/1h | BnHy | calc | |
| VaVariational | BnBinanceCEX | 0.0% | 0.0% | 1.1% | 2.6% | −1.5% | −2.2% | 32d | weak | $2.2M | spread not incl. | VaBn | calc | |
| MxMEXCCEX | AsAster | 0.0% | 0.0% | 1.6% | 1.9% | −1.5% | −2.3% | 27d | weak | $129k | MxAs | calc | ||
| VaVariational | ByBybitCEX | 0.0% | 0.0% | 1.3% | 0.2% | −1.5% | −2.3% | 30d | weak | $2.2M | spread not incl. | VaBy | calc | |
| GtGateCEX | LiLighter | −0.4% | 1.8% | 3.1% | 12.5% | −0.8% | −1.2% | 18d | mixed | $1.0M | 4h/1h | GtLi | calc | |
| ByBybitCEX | HyHyperliquid | 0.0% | 0.0% | 3.4% | 9.4% | −1.9% | −2.8% | 22d | weak | $14.3M | 4h/1h | ByHy | calc | |
| MxMEXCCEX | ExExtended | 0.4% | 0.4% | 0.4% | 0.3% | −1.9% | −2.9% | 80d | weak | $210k | 4h/1h | MxEx | calc | |
| LiLighter | HyHyperliquid | 0.4% | 0.4% | 0.2% | −4.5% | −2.2% | −3.3% | 185d | weak | $1.0M | LiHy | calc | ||
| MxMEXCCEX | BgBitgetCEX | 0.0% | 0.0% | 1.8% | 1.1% | −2.3% | −3.5% | 32d | weak | $5.8M | MxBg | calc | ||
| AsAster | HyHyperliquid | 0.0% | 0.0% | 2.0% | 4.5% | −2.4% | −3.7% | 31d | weak | $129k | 4h/1h | AsHy | calc | |
| VaVariational | GtGateCEX | 0.0% | −2.2% | 1.4% | 1.5% | −2.5% | −3.7% | 38d | weak | $2.2M | spread not incl. | VaGt | calc | |
| GtGateCEX | HyHyperliquid | 0.0% | 2.2% | 3.3% | 8.0% | −3.0% | −4.5% | 27d | weak | $13.0M | 4h/1h | GtHy | calc | |
| BgBitgetCEX | LiLighter | −0.4% | −0.4% | 1.6% | 9.7% | −1.5% | −2.3% | 27d | mixed | $1.0M | 4h/1h | BgLi | calc | |
| BnBinanceCEX | AsAster | 0.0% | 0.0% | 1.6% | 2.2% | −3.1% | −4.7% | 41d | weak | $129k | BnAs | calc | ||
| BnBinanceCEX | ExExtended | 0.4% | 0.4% | 0.4% | 0.2% | −3.5% | −5.3% | 141d | weak | $210k | 4h/1h | BnEx | calc | |
| ByBybitCEX | AsAster | 0.0% | 0.0% | 1.4% | 4.9% | −3.6% | −5.4% | 51d | weak | $129k | ByAs | calc | ||
| MxMEXCCEX | BnBinanceCEX | 0.0% | 0.0% | 0.0% | 0.0% | −3.6% | −5.4% | >999d | weak | $9.3M | MxBn | calc | ||
| MxMEXCCEX | ByBybitCEX | 0.0% | 0.0% | 0.3% | −3.0% | −3.7% | −5.5% | 219d | weak | $9.3M | MxBy | calc | ||
| BgBitgetCEX | HyHyperliquid | 0.0% | 0.0% | 1.8% | 5.2% | −3.7% | −5.6% | 43d | weak | $5.8M | 4h/1h | BgHy | calc | |
| LiLighter | AsAster | 0.4% | 0.4% | −1.8% | −8.9% | −3.9% | −5.8% | — | weak | $129k | 1h/4h | LiAs | calc | |
| BnBinanceCEX | BgBitgetCEX | 0.0% | 0.0% | 1.8% | 1.6% | −3.9% | −5.9% | 44d | weak | $5.8M | BnBg | calc | ||
| ByBybitCEX | ExExtended | 0.4% | 0.4% | 0.2% | 3.3% | −4.0% | −6.0% | 362d | weak | $210k | 4h/1h | ByEx | calc | |
| ExExtended | AsAster | −0.4% | −0.4% | 1.2% | 1.6% | −2.2% | −3.3% | 39d | mixed | $129k | 1h/4h | ExAs | calc | |
| ByBybitCEX | BgBitgetCEX | 0.0% | 0.0% | 1.6% | 4.2% | −4.4% | −6.6% | 53d | weak | $5.8M | ByBg | calc | ||
| LiLighter | VaVariational | 0.4% | 0.4% | −4.5% | −14.0% | −4.5% | −6.8% | — | weak | $1.0M | 1h/4hspread not incl. | LiVa | calc | |
| AsAster | ExExtended | 0.4% | 0.4% | −1.2% | −1.6% | −4.6% | −6.9% | — | weak | $129k | 4h/1h | AsEx | calc | |
| MxMEXCCEX | GtGateCEX | 0.0% | −2.2% | 0.3% | −1.7% | −4.6% | −6.9% | 214d | weak | $9.3M | MxGt | calc | ||
| GtGateCEX | AsAster | 0.0% | 2.2% | 1.3% | 3.6% | −4.7% | −7.1% | 65d | weak | $129k | GtAs | calc | ||
| LiLighter | BgBitgetCEX | 0.4% | 0.4% | −1.6% | −9.7% | −4.7% | −7.1% | — | weak | $1.0M | 1h/4h | LiBg | calc | |
| AsAster | BgBitgetCEX | 0.0% | 0.0% | 0.2% | −0.7% | −5.0% | −7.5% | 343d | weak | $129k | AsBg | calc | ||
| GtGateCEX | ExExtended | 0.4% | 2.6% | 0.1% | 2.0% | −5.1% | −7.7% | 834d | weak | $210k | 4h/1h | GtEx | calc | |
| BnBinanceCEX | ByBybitCEX | 0.0% | 0.0% | 0.2% | −2.3% | −5.2% | −7.9% | 340d | weak | $22.6M | BnBy | calc | ||
| GtGateCEX | BgBitgetCEX | 0.0% | 2.2% | 1.5% | 2.8% | −5.5% | −8.3% | 65d | weak | $5.8M | GtBg | calc | ||
| ExExtended | BgBitgetCEX | −0.4% | −0.4% | 1.4% | 0.9% | −3.0% | −4.5% | 44d | mixed | $210k | 1h/4h | ExBg | calc | |
| LiLighter | ByBybitCEX | 0.4% | 0.4% | −3.2% | −13.8% | −6.0% | −9.1% | — | weak | $1.0M | 1h/4h | LiBy | calc | |
| BnBinanceCEX | GtGateCEX | 0.0% | −2.2% | 0.3% | −0.4% | −6.2% | −9.3% | 305d | weak | $13.0M | BnGt | calc | ||
| ByBybitCEX | GtGateCEX | 0.0% | −2.2% | 0.1% | 1.3% | −6.7% | −10.1% | >999d | weak | $13.0M | ByGt | calc | ||
| LiLighter | GtGateCEX | 0.4% | −1.8% | −3.1% | −12.5% | −7.0% | −10.5% | — | weak | $1.0M | 1h/4h | LiGt | calc | |
| LiLighter | ExExtended | 0.9% | 0.8% | −3.0% | −10.5% | −4.3% | −6.5% | — | mixed | $210k | LiEx | calc | ||
| LiLighter | MxMEXCCEX | 0.4% | 0.4% | −3.4% | −10.8% | −4.5% | −6.7% | — | mixed | $1.0M | 1h/4h | LiMx | calc | |
| BgBitgetCEX | ExExtended | 0.4% | 0.4% | −1.4% | −0.9% | −5.9% | −8.8% | — | mixed | $210k | 4h/1h | BgEx | calc | |
| LiLighter | BnBinanceCEX | 0.4% | 0.4% | −3.4% | −12.3% | −6.0% | −9.0% | — | mixed | $1.0M | 1h/4h | LiBn | calc | |
| HyHyperliquid | ExExtended | 0.4% | 0.4% | −3.2% | −6.1% | −6.8% | −10.3% | — | mixed | $210k | HyEx | calc | ||
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 04:31 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
Indicative (mark or mid prices): buy on Lighter at 0.72825, sell on Bybit at 0.7337: 0.746% before fees, 0.636% after taker fees.
| Buy ↓ · Sell → | ByBybit0.7337 | BnBinance0.733289 | HyHyperliquid0.73321 | BgBitget0.7332 | GtGate0.7332 | MxMEXC0.7323 | AsAster0.73227 | PmPolymarket0.73186 | RwRWA Perp0.7318 | ExExtended0.731421 | VaVariational0.728945 | LiLighter0.72825 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LiLighter0.72825 | 0.746% | 0.690% | 0.679% | 0.677% | 0.677% | 0.555% | 0.550% | 0.494% | 0.486% | 0.434% | 0.095% | — |
| VaVariational0.728945 | 0.650% | 0.594% | 0.583% | 0.582% | 0.582% | 0.459% | 0.455% | 0.399% | 0.391% | 0.339% | — | −0.095% |
| ExExtended0.731421 | 0.311% | 0.255% | 0.244% | 0.243% | 0.243% | 0.120% | 0.116% | 0.060% | 0.052% | — | −0.339% | −0.434% |
| RwRWA Perp0.7318 | 0.259% | 0.203% | 0.192% | 0.191% | 0.191% | 0.068% | 0.064% | 0.008% | — | −0.052% | −0.391% | −0.486% |
| PmPolymarket0.73186 | 0.251% | 0.195% | 0.184% | 0.183% | 0.183% | 0.060% | 0.056% | — | −0.008% | −0.060% | −0.399% | −0.494% |
| AsAster0.73227 | 0.195% | 0.139% | 0.128% | 0.127% | 0.127% | 0.004% | — | −0.056% | −0.064% | −0.116% | −0.455% | −0.550% |
| MxMEXC0.7323 | 0.191% | 0.135% | 0.124% | 0.123% | 0.123% | — | −0.004% | −0.060% | −0.068% | −0.120% | −0.459% | −0.555% |
| BgBitget0.7332 | 0.068% | 0.012% | 0.001% | — | 0.000% | −0.123% | −0.127% | −0.183% | −0.191% | −0.243% | −0.582% | −0.677% |
| GtGate0.7332 | 0.068% | 0.012% | 0.001% | 0.000% | — | −0.123% | −0.127% | −0.183% | −0.191% | −0.243% | −0.582% | −0.677% |
| HyHyperliquid0.73321 | 0.067% | 0.011% | — | −0.001% | −0.001% | −0.124% | −0.128% | −0.184% | −0.192% | −0.244% | −0.583% | −0.679% |
| BnBinance0.733289 | 0.056% | — | −0.011% | −0.012% | −0.012% | −0.135% | −0.139% | −0.195% | −0.203% | −0.255% | −0.594% | −0.690% |
| ByBybit0.7337 | — | −0.056% | −0.067% | −0.068% | −0.068% | −0.191% | −0.195% | −0.251% | −0.259% | −0.311% | −0.650% | −0.746% |
All quotes (12)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 0.73227 | 0.73227 | mark | 4m | $43k | no FX |
| BnBinanceCEX | 0.733289 | 0.733289 | mark | 4m | $28.0M | no FX |
| BgBitgetCEX | 0.7332 | 0.7332 | mark | 4m | $2.0M | no FX |
| ByBybitCEX | 0.7337 | 0.7337 | mark | 4m | $8.8M | no FX |
| ExExtended | 0.731421 | 0.731421 | mark | 4m | $883k | |
| GtGateCEX | 0.7332 | 0.7332 | mark | 4m | $1.5M | no FX |
| HyHyperliquid | 0.73321 | 0.73321 | mark | 4m | $3.3M | |
| LiLighter | 0.72825 | 0.72825 | mark | 4m | $305k | |
| MxMEXCCEX | 0.7323 | 0.7323 | mark | 4m | $6.0M | no FX |
| PmPolymarket | 0.73186 | 0.73186 | mark | 4m | $30k | |
| RwRWA Perp | 0.7318 | 0.7318 | mark | 4m | $180k | |
| VaVariational | 0.728945 | 0.728945 | mark | 4m | $949k |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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