ENA funding rate on Phoenix
Over the last 30 days, ENA funding on Phoenix averaged +15.5% APR and stayed positive 84.2% of the time, ranging from -21.9% to +111.9%. Right now it pays longs pay shorts at +4.4% APR, settled every 1h across 21 venues we track. The most reliable delta-neutral pairing for ENA right now is long Decibel / short Pacifica at +26.2% net APR (low risk, ~1.3d to break even).
ENA funding history on Phoenixlast 30d
- Backtested (30d)
- +19.8%
- Stability
- 94.9%
- Risk
- low
- Breakeven
- ~1.3d
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
Frequently asked
What is the current ENA funding rate on Phoenix?
ENA on Phoenix is funding at 4.43% APR (0.0005% every 1h), paid longs pay shorts, as of 2026-10-22 23:17 UTC.
How often does Phoenix pay funding on ENA?
Every 1 hour.
How do I earn ENA funding without price risk?
Open a delta-neutral position: long Decibel and short Pacifica, currently 26.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.