diff --git a/ui/components/app/perps/perps-view.test.tsx b/ui/components/app/perps/perps-view.test.tsx
index 69ae4e431729..89df2de13622 100644
--- a/ui/components/app/perps/perps-view.test.tsx
+++ b/ui/components/app/perps/perps-view.test.tsx
@@ -203,6 +203,31 @@ describe('PerpsView', () => {
       ).toBeInTheDocument();
     });
 
+    it('filters out order and funding transactions from Recent Activity', () => {
+      // mockTransactions contains trades (tx-001, tx-002, tx-002b),
+      // a funding entry (tx-003), orders (tx-004 to tx-004d), and a deposit (tx-005)
+      jest.mocked(usePerpsTransactionHistory).mockReturnValueOnce({
+        transactions: mocks.mockTransactions,
+        isLoading: false,
+        error: null,
+        refetch: jest.fn(),
+      });
+
+      renderWithProvider(<PerpsView />, mockStore);
+
+      // Trade and deposit cards should be shown
+      expect(screen.getByTestId('transaction-card-tx-001')).toBeInTheDocument();
+      expect(screen.getByTestId('transaction-card-tx-005')).toBeInTheDocument();
+
+      // Funding and order cards must not appear in Recent Activity
+      expect(
+        screen.queryByTestId('transaction-card-tx-003'),
+      ).not.toBeInTheDocument();
+      expect(
+        screen.queryByTestId('transaction-card-tx-004'),
+      ).not.toBeInTheDocument();
+    });
+
     it('shows watchlist when mock watchlist symbols match market data', () => {
       renderWithProvider(<PerpsView />, mockStore);
 
diff --git a/ui/components/app/perps/perps-view.tsx b/ui/components/app/perps/perps-view.tsx
index 0f028811413f..8aeadceea3f5 100644
--- a/ui/components/app/perps/perps-view.tsx
+++ b/ui/components/app/perps/perps-view.tsx
@@ -68,11 +68,25 @@ export const PerpsView: React.FC = () => {
   } = usePerpsLiveMarketData();
 
   const {
-    transactions: recentActivityTransactions,
+    transactions: allRecentActivityTransactions,
     isLoading: recentActivityLoading,
     error: recentActivityError,
   } = usePerpsTransactionHistory();
 
+  // Recent Activity shows only trade executions, deposits, and withdrawals.
+  // Open orders are already surfaced in PerpsPositionsOrders above.
+  // Funding payments belong in the full activity page.
+  const recentActivityTransactions = useMemo(
+    () =>
+      allRecentActivityTransactions.filter(
+        (tx) =>
+          tx.type === 'trade' ||
+          tx.type === 'deposit' ||
+          tx.type === 'withdrawal',
+      ),
+    [allRecentActivityTransactions],
+  );
+
   // Show only user-placed limit orders resting on the orderbook.
   // Excludes:
   // - isTrigger: TP/SL trigger orders