Rates/Hyperliquid/ENA/USDT

Hyperliquid ENA/USDT Funding Rate

17,103 settlements analyzed · 2024-04-02 to 2026-03-16

Avg Rate / Settlement

-0.001%

Per funding period

Annualized Yield

-8.51%

Projected annual

Positive Rate %

62.4%

of 17,103 settlements

Interval

24 settlements/day

Funding Rate Analysis

ENA/USDT on Hyperliquid has maintained a 62.4% positive rate frequency across 17,103 funding settlements since 2024-04-02. This translates to an annualized yield of -8.51% for delta-neutral positions.

The funding rate ranged from a low of -0.1524% to a high of 0.028% per settlement period. With 1-hour intervals, Hyperliquid settles this pair 24 times per day — each settlement is a tradeable event.

Will ENA/USDT funding rate be positive? See prediction →

Trade This Rate on Settled

Don't just watch the rate — predict it. Buy YES or NO on whether ENA/USDT funding rate will be positive at the next Hyperliquid settlement. Markets auto-resolve every 1 hours.

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How Hyperliquid Funding Rates Work

Funding rates are periodic payments between long and short traders on perpetual futures contracts. When the rate is positive, longs pay shorts — indicating bullish sentiment and excess leverage on the long side. When negative, shorts pay longs.

Hyperliquid settles ENA/USDT funding every 1 hours. The rate is determined by the premium/discount between the perpetual contract price and the spot index price. Over 17,103 historical settlements, we observe a strong positive bias — making this pair moderately predictable for Settled markets.

Frequently Asked Questions

What is the average ENA/USDT funding rate on Hyperliquid?

The average funding rate is -0.001% per 1-hour settlement period, which annualizes to approximately -8.51% APR.

How often does ENA/USDT have a positive funding rate?

62.4% of the time, based on 17,103 historical settlements from 2024-04-02 to 2026-03-16.

Can I trade ENA/USDT funding rates on Settled?

Yes — Settled creates binary prediction markets before each Hyperliquid ENA/USDT funding settlement. You can buy YES (rate will be positive) or NO (rate will be negative or zero). Markets auto-resolve from exchange API data.