Entropy
dexMaker 0.03% · Taker 0.09%
Per-asset breakdown
Daily average of the venue's rolling 24h figures, through the last complete day — so these totals sit close to, but not exactly on, the live numbers above. Hover a chart for the per-asset split · hover or click an asset to spotlight it · click a legend chip to hide it.
Markets
| Asset | Mark Price ↕ | 24h % ↕ | Funding APR ↕ | Open Interest ↓ | 24h Volume ↕ | ||
|---|---|---|---|---|---|---|---|
| 🤖ANTHROPIC | $1,968.5 | +0.08% | +0.35% | +0.05% | 1h | $13.5M | $11.7M |
| NBNBIS | $211.15 | +3.65% | +149.50% | +14.26% | 1h | $9.1M | $17.0M |
 SNDK | $1,562.5 | +1.12% | +34.28% | +4.41% | 1h | $5.2M | $18.2M |
Click an asset to view market overview · Funding rates update every 60s
About Entropy funding & fees
Entropy is a decentralized perpetual exchange (perp DEX) tracked live on ORBIT, listing 3 perpetual markets, $27.8M total open interest, $46.9M in 24h volume. Average funding across its markets is +61.37% annualized. ORBIT compares Entropy's funding rates against 35 other venues so you can spot where it diverges from the rest of the market.
Entropy charges 0.09% taker and 0.03% maker fees on perpetuals. Via the ORBIT referral you also get: HYPE rebates on HIP-3 trades. Execution cost matters for funding arbitrage — ORBIT's backtester subtracts both legs' taker fees plus live order-book slippage, so the PnL it shows is net of what you actually pay.
Entropy is pre-TGE (token HYPE not yet live) — points farmed now may convert to a future airdrop. Pairing it with a funding-arbitrage position lets you earn the spread while farming. See the [Points Calculator](/tools/points-calculator) for FDV-based estimates.
To run funding arbitrage with Entropy, find an asset whose funding here diverges from another venue on the [Funding Screener](/screener), then verify the pair in the [backtester](/pair/BTC). Its most active markets right now include ANTHROPIC (+0.35%), NBIS (+149.50%), SNDK (+34.28%).
Frequently asked questions
- What are Entropy trading fees?
- Entropy charges 0.09% taker and 0.03% maker on perpetual futures. ORBIT referral perk: HYPE rebates on HIP-3 trades. Round-trip cost on both legs is what a funding-arbitrage trade has to overcome before it profits.
- Is Entropy a CEX or DEX?
- Entropy is a decentralized perpetual exchange (perp DEX). You trade non-custodially from your own wallet.
- Does Entropy have an airdrop or points program?
- Yes — Entropy is pre-TGE with points farming active. Trading volume accrues points that may convert to a future airdrop. Stack them on a funding-arbitrage long leg and value them with the ORBIT Points Calculator.
- How do I arbitrage funding rates on Entropy?
- Open the ORBIT Funding Screener, find an asset where Entropy's funding is much higher or lower than another exchange, then go long on the lower-funding venue and short on the higher one in equal size. Backtest the exact pair on ORBIT first to confirm it is profitable net of fees and slippage.
- How much open interest does Entropy have?
- Entropy currently has $27.8M in total open interest across 3 perpetual markets, with $46.9M traded in the last 24 hours.