ENA funding rate on Phoenix
Over the last 30 days, ENA funding on Phoenix averaged +13.4% APR and stayed positive 70.4% of the time, ranging from -23.5% to +62.5%. Right now it pays longs pay shorts at +5.3% APR, settled every 1h across 18 venues we track. The most reliable delta-neutral pairing for ENA right now is long Kraken / short Lighter at +8.2% net APR (low risk, ~1.6d to break even).
ENA funding history on Phoenixlast 30d
- Backtested (30d)
- -3.4%
- Stability
- 67.9%
- Risk
- medium
- Breakeven
- ~4.5d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeNot ready to trade? Get a Telegram ping when ENA's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.
How ENA funding compares across venues
Frequently asked
What is the current ENA funding rate on Phoenix?
ENA on Phoenix is funding at 5.34% APR (0.0006% every 1h), paid longs pay shorts, as of 2026-09-07 16:35 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 Phoenix and short Arcus, currently 0.2% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.