ENS funding rates

ENS perpetual funding is currently quoted across 5 venues, ranging from +10.9% to +83.9% APR. The most reliable delta-neutral pairing for ENS right now is long Extended / short Kraken at +56.7% net APR (high risk, ~1.5d to break even).

as of 2026-09-12 03:46 UTC
Best delta-neutral pairing
Long Extended / Short Kraken
+56.7% net APR
Backtested (30d)
+4.2%
Stability
47.5%
Risk
high
Breakeven
~1.5d

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

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ENS funding by exchange

ExchangeFunding APR
Kraken+83.89%
Extended+11.39%
Hyperliquid+10.95%
Variational+10.95%
Aster+10.95%

Frequently asked

What is the ENS funding rate right now?

ENS perpetual funding ranges from 10.95% to 83.89% APR across 5 exchanges we track; the widest delta-neutral spread is long Extended / short Kraken at 56.7% net APR.

Which exchange has the highest ENS funding rate?

Kraken currently has the highest at 83.89% APR. See the full ranking above.