# ENA funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/ENA/funding · window: last 30 days · generated 2026-09-23T19:06 UTC

What ENA (Ethena) actually paid over the last 30 days: 11,772 settlements across 33 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. dYdX paid the most over the window at +2.8233% of position size.

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 86% of the 11,772 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +2.8233% on dYdX to -1.3630% on WOOFi Pro — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| dYdX | 720 | +2.8233% | +34.37% | +0.0970% | -0.0153% | 2026-09-23 19:00 UTC |
| BloFin | 180 | +2.4306% | +29.59% | +0.0170% | -0.0070% | 2026-09-23 16:00 UTC |
| Bullpen (mirrors hyperliquid) | 720 | +1.1972% | +14.58% | +0.0168% | -0.0027% | 2026-09-23 19:00 UTC |
| Hyperliquid | 720 | +1.1972% | +14.58% | +0.0168% | -0.0027% | 2026-09-23 19:00 UTC |
| edgeX V2 | 180 | +1.0917% | +13.29% | +0.1976% | +0.0041% | 2026-09-23 16:00 UTC |
| Aster | 180 | +1.0158% | +12.37% | +0.0298% | -0.0018% | 2026-09-23 16:00 UTC |
| Extended | 720 | +0.9740% | +11.86% | +0.0087% | -0.0057% | 2026-09-23 19:00 UTC |
| Paradex | 93 | +0.9179% | +10.82% | +0.0102% | +0.0086% | 2026-09-23 16:00 UTC |
| HTX | 180 | +0.9015% | +10.98% | +0.0061% | +0.0050% | 2026-09-23 16:00 UTC |
| PopDEX | 719 | +0.8988% | +10.96% | +0.0013% | +0.0013% | 2026-09-23 19:00 UTC |
| BingX | 180 | +0.8785% | +10.70% | +0.0050% | -0.0010% | 2026-09-23 16:00 UTC |
| ApeX | 720 | +0.8702% | +10.60% | +0.0013% | -0.0062% | 2026-09-23 19:00 UTC |
| Pacifica | 718 | +0.8469% | +10.34% | +0.0049% | -0.0030% | 2026-09-23 19:00 UTC |
| grvt | 180 | +0.8230% | +10.02% | +0.0050% | -0.0026% | 2026-09-23 16:00 UTC |
| Bitget | 180 | +0.7659% | +9.32% | +0.0050% | -0.0118% | 2026-09-23 16:00 UTC |
| Bitunix | 180 | +0.6969% | +8.48% | +0.0104% | +0.0000% | 2026-09-23 16:00 UTC |
| Toobit | 180 | +0.6915% | +8.42% | +0.0096% | -0.0068% | 2026-09-23 16:00 UTC |
| Ondo | 521 | +0.6408% | +10.78% | +0.0013% | -0.0010% | 2026-09-23 19:00 UTC |
| Arcus | 502 | +0.6275% | +10.96% | +0.0013% | +0.0013% | 2026-09-23 19:00 UTC |
| Bybit | 90 | +0.6106% | +7.43% | +0.0100% | -0.0158% | 2026-09-23 16:00 UTC |
| Phoenix | 720 | +0.5997% | +7.30% | +0.0062% | -0.0027% | 2026-09-23 19:00 UTC |
| Hotcoin | 180 | +0.5286% | +6.44% | +0.0123% | -0.0065% | 2026-09-23 16:02 UTC |
| Pionex | 180 | +0.5241% | +6.38% | +0.0050% | -0.0102% | 2026-09-23 16:00 UTC |
| Binance Futures | 180 | +0.4957% | +6.04% | +0.0050% | -0.0103% | 2026-09-23 16:00 UTC |
| WEEX | 180 | +0.4956% | +6.03% | +0.0050% | -0.0102% | 2026-09-23 16:00 UTC |
| MEXC | 180 | +0.4927% | +6.00% | +0.0050% | -0.0102% | 2026-09-23 16:00 UTC |
| BitMart | 180 | +0.4927% | +6.00% | +0.0052% | -0.0105% | 2026-09-23 16:00 UTC |
| OKX | 180 | +0.4601% | +5.60% | +0.0050% | -0.0128% | 2026-09-23 16:00 UTC |
| KuCoin | 180 | +0.4528% | +5.51% | +0.0050% | -0.0176% | 2026-09-23 16:00 UTC |
| Gate.io | 180 | +0.4445% | +5.41% | +0.0050% | -0.0118% | 2026-09-23 16:00 UTC |
| Backpack | 720 | +0.0333% | +0.41% | +0.0160% | -0.0183% | 2026-09-23 19:00 UTC |
| Polymarket | 669 | -0.1492% | -1.96% | +0.0013% | -0.0098% | 2026-09-23 19:00 UTC |
| WOOFi Pro | 180 | -1.3630% | -16.60% | +0.0263% | -0.0453% | 2026-09-23 16:00 UTC |

## FAQ

### Is the ENA funding rate a live quote or an actual payment?

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 86% of the 11,772 settlements recorded here.

### Which exchange has paid the most settled ENA funding recently?

dYdX paid the most over the last 30 days at +2.8233% of position size across 720 settlements, an average annualized rate of +34.37%. This is a sum of actual payments, not a forecast.

### How often is ENA funding actually paid?

Over the last 30 days, ORBIT recorded 11,772 funding settlements for ENA across 33 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled ENA funding spread between venues?

Over the last 30 days, settled totals ranged from +2.8233% on dYdX to -1.3630% on WOOFi Pro. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/ENA · Screener: https://orbitperpscreener.com/screener