ENA funding rate on Hyena

Funding APR
+134.43%
0.0153% / 8h
Interval
8h
next 16:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
16
listing this pair

Over the last 30 days, ENA funding on Hyena averaged +17.1% APR and stayed positive 100% of the time, ranging from +0.7% to +184.6%. Right now it pays longs pay shorts at +134.4% APR, settled every 8h across 16 venues we track. The most reliable delta-neutral pairing for ENA right now is long Variational / short Hyena at +142.2% net APR (low risk, ~0.6d to break even).

as of 2026-07-29 10:48 UTC

ENA funding history on Hyenalast 30d

30d average
+17.09%
Range
1% / 185%
% positive
100%
Volatility
17.6
Best delta-neutral pairing
Long Variational / Short Hyena
+142.2% net APR
Backtested (30d)
+3.6%
Stability
93.3%
Risk
low
Breakeven
~0.6d

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

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How ENA funding compares across venues

ExchangeFunding APR
Hyena+134.43%
Ethereal+16.67%
Hyperliquid+10.95%
Grvt+10.95%
SoDEX+10.95%
Paradex+10.80%
dYdX+0.00%
Phoenix+0.00%
Aster-4.81%
01xyz-6.13%
Nado-9.04%
Variational-18.28%
Kraken-21.10%
Pacifica-22.89%
Lighter-25.40%
Extended-33.29%

Frequently asked

What is the current ENA funding rate on Hyena?

ENA on Hyena is funding at 134.43% APR (0.0153% every 8h), paid longs pay shorts, as of 2026-07-29 10:48 UTC.

How often does Hyena pay funding on ENA?

Every 8 hours.

How do I earn ENA funding without price risk?

Open a delta-neutral position: long Variational and short Hyena, currently 142.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy