Ethereal lists 18 perpetual markets with funding rate data. The current mean funding rate across Ethereal perps is 1.76 bps (19.26% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Ethereal funding rates

• XMR: 18.26 bps (200.00% APY)
• HYPE: 8.60 bps (94.14% APY)
• FARTCOIN: 8.24 bps (90.22% APY)

Lowest Ethereal funding rates

• BERA: -19.79 bps (-216.69% APY)
• MON: 0.91 bps (10.00% APY)
• PUMP: 0.91 bps (10.00% APY)

Largest absolute Ethereal funding rates

Markets with the most extreme Ethereal funding (positive or negative): BERA (-19.79 bps), XMR (18.26 bps), HYPE (8.60 bps).

About Ethereal funding rates

Funding payments keep Ethereal perpetual contracts pinned to the underlying spot price. A positive Ethereal funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Ethereal funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Ethereal can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.

Last updated 2026-08-12T22:40:18Z (UTC).