diff --git a/packages/eslint-plugin-query/src/rules/exhaustive-deps/exhaustive-deps.test.ts b/packages/eslint-plugin-query/src/rules/exhaustive-deps/exhaustive-deps.test.ts
index bb145d2a2d..32608b929d 100644
--- a/packages/eslint-plugin-query/src/rules/exhaustive-deps/exhaustive-deps.test.ts
+++ b/packages/eslint-plugin-query/src/rules/exhaustive-deps/exhaustive-deps.test.ts
@@ -275,7 +275,7 @@ ruleTester.run('exhaustive-deps', rule, {
       `,
     },
     {
-      name: 'should ignore constants defined out of scope (react component)',
+      name: 'should ignore constants defined out of scope (react component, function declaration)',
       code: `
         const CONST_VAL = 1
         function MyComponent() {
@@ -287,7 +287,31 @@ ruleTester.run('exhaustive-deps', rule, {
       `,
     },
     {
-      name: 'should ignore constants defined out of scope (react hook)',
+      name: 'should ignore constants defined out of scope (react component, function expression)',
+      code: `
+        const CONST_VAL = 1
+        const MyComponent = () => {
+          useQuery({
+            queryKey: ["foo"],
+            queryFn: () => CONST_VAL
+          });
+        }
+      `,
+    },
+    {
+      name: 'should ignore constants defined out of scope (react component, anonymous function)',
+      code: `
+        const CONST_VAL = 1
+        const MyComponent = function () {
+          useQuery({
+            queryKey: ["foo"],
+            queryFn: () => CONST_VAL
+          });
+        }
+      `,
+    },
+    {
+      name: 'should ignore constants defined out of scope (react hook, function declaration)',
       code: `
         const CONST_VAL = 1
         function useHook() {
@@ -298,6 +322,30 @@ ruleTester.run('exhaustive-deps', rule, {
         }
       `,
     },
+    {
+      name: 'should ignore constants defined out of scope (react hook, function expression)',
+      code: `
+        const CONST_VAL = 1
+        const useHook = () => {
+          useQuery({
+            queryKey: ["foo"],
+            queryFn: () => CONST_VAL
+          });
+        }
+      `,
+    },
+    {
+      name: 'should ignore constants defined out of scope (react hook, anonymous function)',
+      code: `
+        const CONST_VAL = 1
+        const useHook = function () {
+          useQuery({
+            queryKey: ["foo"],
+            queryFn: () => CONST_VAL
+          });
+        }
+      `,
+    },
     {
       name: 'should ignore references of the queryClient',
       code: `
diff --git a/packages/eslint-plugin-query/src/utils/ast-utils.ts b/packages/eslint-plugin-query/src/utils/ast-utils.ts
index 6b30097da7..9123551ede 100644
--- a/packages/eslint-plugin-query/src/utils/ast-utils.ts
+++ b/packages/eslint-plugin-query/src/utils/ast-utils.ts
@@ -203,18 +203,29 @@ export const ASTUtils = {
       ]),
     )
   },
+  isValidReactComponentOrHookName(identifier: TSESTree.Identifier | null) {
+    return identifier !== null && /^(use|[A-Z])/.test(identifier.name)
+  },
   getReactComponentOrHookAncestor(
     context: Readonly<RuleContext<string, readonly unknown[]>>,
   ) {
     return context.getAncestors().find((x) => {
+      if (
+        x.type === AST_NODE_TYPES.FunctionDeclaration &&
+        ASTUtils.isValidReactComponentOrHookName(x.id)
+      ) {
+        return true
+      }
+
       return (
+        x.parent?.type === AST_NODE_TYPES.VariableDeclarator &&
+        x.parent.id.type === AST_NODE_TYPES.Identifier &&
         ASTUtils.isNodeOfOneOf(x, [
           AST_NODE_TYPES.FunctionDeclaration,
           AST_NODE_TYPES.FunctionExpression,
           AST_NODE_TYPES.ArrowFunctionExpression,
         ]) &&
-        x.id !== null &&
-        /^(use|[A-Z])/.test(x.id.name)
+        ASTUtils.isValidReactComponentOrHookName(x.parent.id)
       )
     }) as
       | TSESTree.FunctionDeclaration