ENA 永续合约资金费率 — 各交易所对比
Ethena
Funding Rates by Exchange
+429.89%
Interval
1h
Open Interest
$138K
Mark Price
$0.206
+145.10%
Interval
1h
Open Interest
—
Mark Price
$0.144
+44.45%
Interval
1h
Open Interest
$1K
Mark Price
$0.2061
+37.69%
Interval
1h
Open Interest
$1.8M
Mark Price
$0.2062
+37.26%
Interval
4h
Open Interest
$4.7M
Mark Price
$0.2062
+32.17%
Interval
4h
Open Interest
$267K
Mark Price
$0.207
+19.14%
Interval
4h
Open Interest
$836K
Mark Price
$0.2062
+10.96%
Interval
4h
Open Interest
$115.3M
Mark Price
$0.2062
+10.96%
Interval
8h
Open Interest
$1.4M
Mark Price
$0.2061
+10.96%
Interval
4h
Open Interest
$18.1M
Mark Price
$0.2061
+10.96%
Interval
1h
Open Interest
$103.1M
Mark Price
$0.2061
+10.96%
Interval
4h
Open Interest
$12.6M
Mark Price
$0.2047
+10.96%
Interval
4h
Open Interest
$22.9M
Mark Price
$0.2048
+10.96%
Interval
4h
Open Interest
$47.0M
Mark Price
$0.2062
+10.96%
Interval
4h
Open Interest
$1.1M
Mark Price
$0.2063
+10.96%
Interval
1h
Open Interest
$382K
Mark Price
$0.2061
+10.96%
Interval
1h
Open Interest
$26K
Mark Price
$0.2061
+10.96%
Interval
4h
Open Interest
$369K
Mark Price
$0.2061
+10.96%
Interval
1h
Open Interest
$572K
Mark Price
$0.2061
+10.96%
Interval
4h
Open Interest
$2.3M
Mark Price
$0.2058
+10.96%
Interval
4h
Open Interest
$243K
Mark Price
$0.206
+10.96%
Interval
1h
Open Interest
$103.1M
Mark Price
$0.2061
+10.96%
Interval
1h
Open Interest
$40K
Mark Price
$0.2062
+10.96%
Interval
1h
Open Interest
$6K
Mark Price
$0.2061
+10.96%
Interval
4h
Open Interest
$32.4M
Mark Price
$0.2058
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.2062
+10.96%
Interval
4h
Open Interest
$7.8M
Mark Price
$0.2061
+10.96%
Interval
4h
Open Interest
$7.7M
Mark Price
$0.2062
+10.96%
Interval
4h
Open Interest
$2.2M
Mark Price
$0.2047
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.2062
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.2062
+10.96%
Interval
1h
Open Interest
$91K
Mark Price
$0.2062
+10.96%
Interval
1h
Open Interest
$158K
Mark Price
$0.2062
+10.96%
Interval
1h
Open Interest
$55K
Mark Price
$0.2061
+10.96%
Interval
1h
Open Interest
$103.1M
Mark Price
$0.2061
+10.96%
Interval
1h
Open Interest
$103.1M
Mark Price
$0.2061
+10.90%
Interval
8h
Open Interest
$46K
Mark Price
$0.2062
+10.52%
Interval
1h
Open Interest
$4.7M
Mark Price
$0.2063
+7.45%
Interval
4h
Open Interest
$24.0M
Mark Price
$0.2047
+5.26%
Interval
1h
Open Interest
$4K
Mark Price
$0.2063
+2.19%
Interval
4h
Open Interest
$45.1M
Mark Price
$0.206
+0.09%
Interval
1h
Open Interest
$4K
Mark Price
$0.2056
-1.85%
Interval
1h
Open Interest
$61K
Mark Price
$0.2062
-8.69%
Interval
4h
Open Interest
$38K
Mark Price
$0.2062
-60.79%
Interval
1h
Open Interest
$363K
Mark Price
$0.2063
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| +429.89% | 1h | $138K | $0.206 | |
| +145.10% | 1h | — | $0.144 | |
| +44.45% | 1h | $1K | $0.2061 | |
| +37.69% | 1h | $1.8M | $0.2062 | |
| +37.26% | 4h | $4.7M | $0.2062 | |
| +32.17% | 4h | $267K | $0.207 | |
| +19.14% | 4h | $836K | $0.2062 | |
| +10.96% | 4h | $115.3M | $0.2062 | |
| +10.96% | 8h | $1.4M | $0.2061 | |
| +10.96% | 4h | $18.1M | $0.2061 | |
| +10.96% | 1h | $103.1M | $0.2061 | |
| +10.96% | 4h | $12.6M | $0.2047 | |
| +10.96% | 4h | $22.9M | $0.2048 | |
| +10.96% | 4h | $47.0M | $0.2062 | |
| +10.96% | 4h | $1.1M | $0.2063 | |
| +10.96% | 1h | $382K | $0.2061 | |
| +10.96% | 1h | $26K | $0.2061 | |
| +10.96% | 4h | $369K | $0.2061 | |
| +10.96% | 1h | $572K | $0.2061 | |
| +10.96% | 4h | $2.3M | $0.2058 | |
| +10.96% | 4h | $243K | $0.206 | |
| +10.96% | 1h | $103.1M | $0.2061 | |
| +10.96% | 1h | $40K | $0.2062 | |
| +10.96% | 1h | $6K | $0.2061 | |
| +10.96% | 4h | $32.4M | $0.2058 | |
| +10.96% | 4h | — | $0.2062 | |
| +10.96% | 4h | $7.8M | $0.2061 | |
| +10.96% | 4h | $7.7M | $0.2062 | |
| +10.96% | 4h | $2.2M | $0.2047 | |
| +10.96% | 4h | — | $0.2062 | |
| +10.96% | 4h | — | $0.2062 | |
| +10.96% | 1h | $91K | $0.2062 | |
| +10.96% | 1h | $158K | $0.2062 | |
| +10.96% | 1h | $55K | $0.2061 | |
| +10.96% | 1h | $103.1M | $0.2061 | |
| +10.96% | 1h | $103.1M | $0.2061 | |
| +10.90% | 8h | $46K | $0.2062 | |
| +10.52% | 1h | $4.7M | $0.2063 | |
| +7.45% | 4h | $24.0M | $0.2047 | |
| +5.26% | 1h | $4K | $0.2063 | |
| +2.19% | 4h | $45.1M | $0.206 | |
| +0.09% | 1h | $4K | $0.2056 | |
| -1.85% | 1h | $61K | $0.2062 | |
| -8.69% | 4h | $38K | $0.2062 | |
| -60.79% | 1h | $363K | $0.2063 |
ENA 资金费率的含义
资金费率数据更新于 2026-09-23 23:05 UTC
ORBIT 按交易所实时汇总 ENA(Ethena) 永续合约在 45 家交易所的资金费率。资金费率是多头与空头之间的周期性支付,用来把永续合约价格锚定在现货附近:费率为正时多头向空头支付,为负时空头向多头支付。目前 ENA 的年化资金费率从 Backpack 的 -60.79% 到 dYdX 的 +429.89% 不等。
ENA 当前最大的跨所资金费率价差为年化 490.7%。德尔塔中性的跨所套利正是赚取这一差额:在费率最低的 Backpack 做多,在费率最高的 dYdX 做空。两条腿等额反向,价格波动相互抵消,留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史,并按实时订单簿扣除吃单手续费和滑点,得到的是净收益,而不是宣传数字。
ENA 在所跟踪的永续品种中持仓量排名第 19,各交易所合计持仓量 $767.3M,24 小时成交量 $941.7M,成交量加权标记价格 $0.206。流动性越深,就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤,只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 ENA 资金费率最高?
- dYdX,年化 +429.89%。较高的正费率意味着空头收取资金费用,因此它是跨所套利中做空的一方。费率每个结算周期都会变化,当前数值请以实时筛选器为准。
- 为赚取资金费率,ENA 应在哪家交易所做多?
- Backpack 的 ENA 资金费率最低,为年化 -60.79%,在那里做多成本最低(甚至可收取费用)。与费率最高的交易所配对,即构成德尔塔中性的价差组合。
- ENA 最佳的资金费率套利组合是什么?
- 价差最大的组合是 Backpack 做多 / dYdX 做空,扣除成本前约为年化 490.7%。确定仓位规模前,请先在 ORBIT 回测器中验证,它会扣除真实的手续费和滑点。
- ENA 的资金费用多久结算一次?
- 各交易所资金间隔不同(1 小时、4 小时、8 小时)。在年化费率相同的情况下,间隔越长,单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率,便于直接比较。
- ENA 的资金费率目前是正还是负?
- 各交易所正负不一,年化从 -60.79% 到 +429.89%——正是这种分歧创造了跨所套利机会。