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ENA Funding Rate on Backpack

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As of 2026-10-04 01:39 UTC, the ENA perpetual on Backpack pays 0.0025% per 1h, 0.0198% per 8 hours (21.63% APR), so longs pay shorts. That is the 4th highest of 28 exchanges shown, against a volume-weighted average of 0.0101% per 8 hours (11.01% APR). Over the last 7 days Backpack averaged 0.0040% per 8 hours (4.41% APR). The next funding is at 2026-10-04 02:00 UTC.

Rate per 1h
0.0025%
Same rate per 8h
0.0198%
7-day average per 8h
0.0040%
Next funding
2026-10-04 02:00 UTC
Rank
4 of 28

ENA funding on Backpack, per 8h

ENA funding on Backpack, per 8 hours, hourly, last 7 days-0.0500%-0.0250%0.0000%0.0250%0.0500%0.0750%Oct 2 13:00Oct 2 22:00Oct 3 07:00Oct 3 16:00Oct 4 01:00HW 0.0591%LW -0.0362%0.0108%

Compare Backpack with other exchanges over 7 or 30 days

ENA funding arbitrage with Backpack

LongBackpack0.0025%/1hShortHTX0.0272%/4hFunding gap 0.0347% per 8h before fees

The widest pairing for Backpack is long ENA on Backpack and short on HTX. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

ENA funding on every exchange

Showing 28 of 28

All ENA funding rates Backpack funding rates

Frequently asked questions

What is the ENA funding rate on Backpack?
0.0025% per 1h, or 0.0198% per 8 hours (21.63% APR), so longs pay shorts. The 7-day average is 0.0040% per 8 hours (4.41% APR).
How often does Backpack pay ENA funding?
Every hour. The next payment is at 2026-10-04 02:00 UTC.
Is ENA funding on Backpack higher than on other exchanges?
Backpack is the 4th highest of 28 exchanges shown. The highest is HTX at 0.0272% per 4h (59.62% APR) and the lowest is Kraken at -0.0001% per 1h (-0.55% APR).
How do you arbitrage ENA funding with Backpack?
Long ENA on Backpack and short on HTX for a gross spread of 0.0347% per 8 hours (37.99% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.