ENA Funding Rate Today
Current ENA funding across major exchanges, including advertised APR, model-adjusted apr, and Mirage context.
ENA funding is live, but the current annualized signal does not survive reality adjustments cleanly.
Current ENA funding by exchange
Mirage is present but more contained, meaning a larger share of headline annualized funding currently survives reality.
Advertised APR is annualized from current funding. Model-Adjusted APR is a public estimate after Mirage and execution-aware adjustments.
See Binance funding indexFunding rate is the periodic transfer between longs and shorts in perpetual futures. A positive annualized rate can still degrade materially once fees, decay, and crowding are applied.
Read methodologyReview funding rate riskValidation status for this public metric.
Supported means stronger observed coverage. Calibration and exploratory indicate weaker empirical depth.
ENA Funding Rate FAQ
What is the current ENA funding rate?
The average ENA funding rate across major exchanges is -2286.2% advertised APR. After model adjustments for execution reality, the model-adjusted APR is approximately -2434.6%.
Which exchange has the best ENA funding rate?
Currently, Binance offers the best model-adjusted APR for ENA perpetual futures funding. This accounts for execution costs, decay, and crowding effects that reduce headline yields.
How much of ENA funding yield actually survives?
The current Mirage for ENA is 27.1%, meaning approximately 72.9% of the headline annualized funding survives execution reality. Mirage accounts for fees, basis drag, decay, and crowding.
When is the next ENA funding payment?
Funding payments occur at fixed intervals: Binance: 8h, OKX: 4h, Bybit: 8h. The exact next payment time depends on the exchange, but perpetual futures funding typically settles every 8 hours on most venues.
What factors affect ENA perpetual futures funding?
ENA funding rates are driven by the balance between long and short positions, spot-perpetual basis, market sentiment, and leverage demand. High positive funding indicates bullish crowding; negative funding suggests bearish pressure.