ENA funding rate

Live Ethena perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)+0.151%HTX

Lowest (24h)+0.030%Variational

Average (24h)+0.041%across 11 venues

Funding gap (24h)+0.121%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

HTXCEX · ENA-USDT+0.0505%8h00:29:57+0.151%+55.2%——$394.4K

BinanceCEX · ENAUSDT+0.0050%4h—+0.030%+10.9%$0.2478-0.021%—

BybitCEX · ENAUSDT+0.0050%4h—+0.030%+10.9%$0.2478+0.012%$65.61M

BitgetCEX · ENAUSDT+0.0050%4h—+0.030%+10.9%$0.2479+0.062%$18.20M

MEXCCEX · ENA_USDT+0.0050%4h00:29:57+0.030%+10.9%$0.24790.000%$36.48M

GateCEX · ENA_USDT+0.0050%4h00:29:57+0.030%+10.9%$0.2479-0.024%$3.32M

OKXCEX · ENA-USDT-SWAP+0.0050%4h00:29:57+0.030%+10.9%$0.2476—$40.39M

KuCoinCEX · ENAUSDTM+0.0050%4h00:29:57+0.030%+10.9%$0.248+0.008%$16.79M

HyperliquidPerp DEX · ENA+0.0013%1h00:29:57+0.030%+10.9%$0.2481+0.078%$25.56M

AsterPerp DEX · ENAUSDT+0.0050%4h—+0.030%+10.9%$0.248+0.025%—

VariationalCEX · ENA+0.0050%4h—+0.030%+10.9%$0.2468—$4.15M

ENA funding rate explained

Right now Ethena (ENA) perpetual futures trade on 11 exchanges we track. The highest funding is on HTX at +0.151% per day, the lowest on Variational at +0.030%. The average across all venues is +0.041% per day, or about +15.0% a year. Positive funding means ENA longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.121% per day. A delta-neutral position that shorts ENA on HTX and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live ENA arbitrage board for the price side of the trade.

Settlement intervals differ: ENA funding is paid every 1 hour, 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

What is the ENA funding rate today?

The average ENA funding rate across 11 exchanges is +0.041% per 24 hours. It ranges from +0.030% on Variational to +0.151% on HTX. Rates update every few seconds on this page.

Which exchange has the highest ENA funding rate?

HTX currently has the highest ENA funding at +0.151% per day, and Variational the lowest at +0.030%.

How often is ENA funding paid?

ENA perpetuals settle funding every 1 hour, 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is ENA funding positive or negative?

On average it is positive (+0.041% per day): longs pay shorts.