Preheat oven to 250°F and line a baking sheet with parchment paper.
Place the oyster crackers in a large mixing bowl.
In a separate bowl, whisk together melted butter, ranch seasoning, dill, garlic powder, onion powder, and paprika.
Pour the butter mixture over the crackers and gently toss to coat evenly.
Spread the crackers in a single layer on the prepared baking sheet.
Bake for 15-20 minutes, stirring halfway through, until lightly golden and crisp.
Cool completely before serving or storing in an airtight container.