ENA funding rates

ENA perpetual funding is currently quoted across 19 venues, ranging from -48.2% to +11.4% APR. The most reliable delta-neutral pairing for ENA right now is long Decibel / short Nado at +56.2% net APR (medium risk, ~0.3d to break even).

as of 2026-09-12 17:20 UTC
Best delta-neutral pairing
Long Decibel / Short Nado
+56.2% net APR
Backtested (30d)
+42.9%
Stability
94.7%
Risk
medium
Breakeven
~0.3d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

Open this trade

ENA funding by exchange

ExchangeFunding APR
Extended+11.39%
Pacifica+10.95%
Variational+10.95%
Arcus+10.95%
Aster+10.95%
Bulk+10.95%
Grvt+10.95%
SoDEX+10.95%
Nado+10.95%
Hyperliquid+10.68%
Lighter+10.51%
Paradex+10.27%
Polymarket+8.16%
dYdX+0.25%
Phoenix+0.00%
Kraken-3.06%
TxFlow-6.25%
n1xyz-25.40%
Decibel-48.18%

Frequently asked

What is the ENA funding rate right now?

ENA perpetual funding ranges from -48.18% to 11.39% APR across 19 exchanges we track; the widest delta-neutral spread is long Decibel / short Nado at 56.2% net APR.

Which exchange has the highest ENA funding rate?

Extended currently has the highest at 11.39% APR. See the full ranking above.