ENJ funding rate on Variational

Funding APR
-56.64%
-0.0517% / 8h
Interval
8h
next 00:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
4
listing this pair

Over the last 30 days, ENJ funding on Variational averaged -79.4% APR and stayed positive 0.1% of the time, ranging from -1146.8% to +0.3%. Right now it pays shorts pay longs at -56.6% APR, settled every 8h across 4 venues we track. The most reliable delta-neutral pairing for ENJ right now is long Kraken / short Variational at +150.7% net APR (high risk, ~1.1d to break even).

as of 2026-06-13 23:15 UTC

ENJ funding history on Variationallast 30d

30d average
-79.39%
Range
-1147% / 0%
% positive
0.1%
Volatility
126.2
Best delta-neutral pairing
Long Kraken / Short Variational
+150.7% net APR
Backtested (30d)
-23.6%
Stability
57.5%
Risk
high
Breakeven
~1.1d

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

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Watch ENJ on Telegram

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How ENJ funding compares across venues

ExchangeFunding APR
dYdX+10.95%
Aster+10.95%
Variational-56.64%
Kraken-225.34%

Frequently asked

What is the current ENJ funding rate on Variational?

ENJ on Variational is funding at -56.64% APR (-0.0517% every 8h), paid shorts pay longs, as of 2026-06-13 23:15 UTC.

How often does Variational pay funding on ENJ?

Every 8 hours.

How do I earn ENJ funding without price risk?

Open a delta-neutral position: long Kraken and short Variational, currently 150.7% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy