# Ethereum perpetual futures (ETH)

> Ether is the native asset of the Ethereum smart contract network. ETH perpetual futures are normally the second most liquid market after BTC, and firms often group the two together when they set leverage limits.

**Source:** https://propfirmpal.com/perpetuals/markets/eth  
**Generated:** 2026-11-11  
**Publisher:** Prop Firm Pal - independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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On a $10,000 ETH position with a funding rate of 0.01% for the interval, a long pays $1.00 to shorts at that funding time. If the rate is negative, shorts pay longs instead. These are illustrative figures, not a current ETH rate.

## Frequently asked questions

### What is a ETH perpetual future?

A Ethereum perpetual future is a derivative that tracks the price of ETH and has no expiry date. It stays near the spot price because longs and shorts exchange a periodic funding payment.

### Does ETH funding count against a prop firm drawdown?

It depends on the firm. Some apply funding to account equity, which moves a drawdown measured on equity, and others do not charge it at all. Check the firm’s published rules; where a firm does not say, we show that as unknown.

### How much leverage can I use on ETH?

Leverage limits differ by venue, firm and account tier, and they change. Prop firms commonly allow more on BTC and ETH than on smaller markets. Use the limit in your own firm’s rules, not a figure from an exchange.

## Related pages

- [Crypto funding rates by prop firm](https://propfirmpal.com/perpetuals/funding-rates)
- [Funding schedule](https://propfirmpal.com/perpetuals/funding-schedule)
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