Live data
Ether.fi (ETHFI) perpetual futures
Live funding rates, open interest, and measured trade costs for Ether.fi. 8 venues in the PerpFinder venue map list ETHFI perps.
At a glance
This ETHFI funding snapshot covers 2 venues: Hyperliquid and dYdX. It is the server-rendered page seed, not the venue total; the live funding panel below covers every venue that lists ETHFI.
- Highest annualized funding
- +10.95%Hyperliquid
- Lowest annualized funding
- 0.00%dYdX
More
The highest listed annualized funding rate is +10.95% on Hyperliquid, and the lowest is 0.00% on dYdX.
Only Hyperliquid reports open interest of the 2 listed venues, so there is no executable spread.
Hyperliquid reports $22.2m of open interest across the venues in this snapshot that publish it.
The ETHFI price in this snapshot comes from Hyperliquid at $0.6456.
Generated from live venue feeds at
Funding rates
Annualized rates across exchanges
HyperliquidDEX
dYdXDEXOpen interest
Per-exchange open interest
HyperliquidLong/short ratio
Account-level positioning
Long/short ratios are published for BTC, ETH, SOL, and XRP only.
Cost comparison
Fee plus slippage for a $100K trade
The order-book cost engine measures BTC, ETH, SOL, XRP, BNB, DOGE and HYPE. ETHFI is not measured. Live costs for the measured assets are on the cost comparison tool.
Where to Trade Ether.fi (ETHFI) Perpetual Futures
7 of the 8 venues that list ETHFI perps have a PerpFinder review page. The table compares fees, leverage, and features for those 7.
| Venue | Maker | Taker | Max leverage | Rating | Trade |
|---|---|---|---|---|---|
| 0.015% | 0.045% | 40x | 9.2 | ETHFI → | |
| 0.010% | 0.050% | 50x | 9.0 | ETHFI → | |
| 0.035% when opening and again when closing; BTC and ETH review rate; other pairs can use different fees and spreads | 1000x | 8.0 | ETHFI → | ||
| 0.010% | 0.020% | 100x | 7.8 | ETHFI → | |
| Free | 0.030% | 50x | 7.8 | ETHFI → | |
| -0.010% | 0.017% | 1000x | 7.8 | ETHFI → | |
| 0.050% | 0.080% | 20x | 7.5 | ETHFI → | |
Market Overview
Ether.fi is a decentralized, non-custodial liquid staking and restaking protocol on Ethereum, offering eETH and integrating with EigenLayer. ETHFI perpetual futures are available on centralized exchanges. ETHFI perps offer leveraged exposure to both the liquid staking and EigenLayer restaking narratives, with price action driven by restaking TVL growth and ETH staking yields.
Ether.fi's ETHFI governs one of the largest liquid-restaking protocols. The perp gives leveraged exposure to the restaking narrative specifically — its correlation with ETH is high, but the residual tracks restaking TVL sentiment, which is the actual trade most ETHFI positions express.
Trading Tips for Ether.fi Perps
ETHFI moves with ETH staking yields and EigenLayer restaking momentum. When EigenLayer TVL grows or new AVS modules launch, ETHFI tends to rally. Track restaking deposits and eETH supply growth as fundamental indicators for ETHFI perp entries.
Frequently Asked Questions — Ether.fi (ETHFI)
What is the current ETHFI perpetual futures funding rate?
The live Ether.fi (ETHFI) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists ETHFI perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest ETHFI perp trading fees?
Among 6 tracked ETHFI venues with comparable order-book schedules, DESK lists the lowest taker fee at 0.017%. SynFutures lists 0.020%. 1 position-fee venue is excluded from this maker/taker result. Use the cost comparison for total cost.
How does Ether.fi open interest compare across exchanges?
The Ether.fi (ETHFI) open-interest chart shows the total value of outstanding ETHFI derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the ETHFI long/short ratio indicate?
The Ether.fi long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade ETHFI perpetual futures?
Ether.fi (ETHFI) perps are listed on 7 exchanges, including Hyperliquid, dYdX, Gains Network, SynFutures, and Orderly Network, plus 2 more. The "Where to Trade Ether.fi (ETHFI) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.
Category: DeFi · Data updates every 2 minutes · All rates shown are annualized