Preheat 2 inches of vegetable oil in a deep-frying skillet over medium heat until it reaches 300 degrees Fahrenheit.

In the meantime, whisk the milk, eggs and vanilla together in a medium size bowl then set aside.

Add the flour, sugar, baking powder and salt in a separate bowl and whisk once again to combine.

Pour the wet ingredients into the dry ingredients and whisk just until there are no more lumps.

Add the batter to a measuring cup and drizzle the batter around into the pan.

Let it cook for about two minutes on each side or until golden in color.

Drain the funnel cake from the oil and let it cool completely on a plate fitted with a paper towel to soak up any excess oil.

Repeat the process with the remaining batter then serve the funnel cakes with a dust of powdered sugar and caramel or chocolate sauce.