ENS funding rates

ENS perpetual funding is currently quoted across 5 venues, ranging from -28.1% to +58.4% APR. The most reliable delta-neutral pairing for ENS right now is long Hyperliquid / short Kraken at +74.2% net APR (low risk, ~1d to break even).

as of 2026-07-29 10:38 UTC
Best delta-neutral pairing
Long Hyperliquid / Short Kraken
+74.2% net APR
Backtested (30d)
-42.6%
Stability
23.5%
Risk
low
Breakeven
~1d

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+58.43%
Variational+3.15%
dYdX+0.00%
Aster-1.66%
Hyperliquid-28.14%

Frequently asked

What is the ENS funding rate right now?

ENS perpetual funding ranges from -28.14% to 58.43% APR across 5 exchanges we track; the widest delta-neutral spread is long Hyperliquid / short Kraken at 74.2% net APR.

Which exchange has the highest ENS funding rate?

Kraken currently has the highest at 58.43% APR. See the full ranking above.