ETHFI funding rate explained
Right now Ether.fi (ETHFI) perpetual futures trade on 11 exchanges we track. The highest funding is on Bybit at +0.030% per day, the lowest on HTX at +0.015%. The average across all venues is +0.027% per day, or about +9.8% a year. Positive funding means ETHFI longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.015% per day. A delta-neutral position that shorts ETHFI on Bybit and goes long on HTX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live ETHFI arbitrage board for the price side of the trade.
Settlement intervals differ: ETHFI funding is paid every 1 hour, 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: ETHFI arbitrage · Ether.fi price · funding rates for all coins.