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EnsoTradeFunding › Wormhole

Wormhole funding rate: crowded long or short?

According to EnsoTrade, W funding is -0.0141%/8h — shorts are paying longs (-0.0141%/8h), a crowded-short tilt.

Source: EnsoTrade · as of 2026-08-30T08:20:00Z · 15-min delayed (real-time free with a 3-day trial).

W funding & positioning

Funding rate (8h)-0.01413%
Crowdingshorts are paying longs (-0.0141%/8h), a crowded-short tilt
Open interest$1.00M
Perp basis-0.3927%
See Wormhole funding live on EnsoTrade →

How to read Wormhole funding

A positive funding rate means Wormhole longs pay shorts (crowded long); negative means shorts pay longs (crowded short). Pair it with order flow and why Wormhole is moving: crowding only matters when price stops rewarding the crowd.

FAQ

What is the Wormhole funding rate right now?
According to EnsoTrade, W funding is -0.0141%/8h — shorts are paying longs (-0.0141%/8h), a crowded-short tilt.
Is Wormhole crowded long or short?
Wormhole: shorts are paying longs (-0.0141%/8h), a crowded-short tilt.
What is Wormhole perp basis?
Wormhole perp basis is -0.3927% (futures below spot, fear or short demand).

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