ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Popdex against ApeX Omni−0.234%57s7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$700.702% of the position

Long on ApeX Omni Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.234%, 7d avg −0.048%

Together, before fees+0.167%+$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.186% cheaper against ApeX Omni than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ENAUSDT	0.2141	0.0100	pay 0.0013% / 1h	12m 23s	$19K	$644K	50x
Short	Popdex ENAUSDT	0.2136	0.0096	get 0.0012% / 1h	12m 23s	$55K	$488K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee PopdexbpOrdersPrice spread, now −0.234%Rate

Funding earned: −$0.84
Price spread: −0.234% → −0.048%: −$18.55
Slippage, 4 orders: −$53.76
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$89.55
Costs to cover: 0.702%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 21 min ago; Popdex: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 21 min ago	11.75 bp	19.7 bp −$20	124.2 bp −$1,242	doesn't fit	doesn't fit
Sell Popdex live order book, 21 min ago	7.76 bp	16.3 bp −$16	51.7 bp −$517	doesn't fit	doesn't fit

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ENAUSD	−0.0112%	1h	0.2136	−0.248%	$4K	$169	10x	as long as short
Orderly PERP_ENA_USDC	−0.0100%	4h	0.2137	−0.206%	$44K	$15K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2138	−0.154%	$76K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2137	−0.199%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	−0.892%	$734	$57K	5.5x	as long as short
Bitget ENAUSDT	+0.0054%	4h	0.2135	−0.271%	$48.4M	$60.1M	75x	as long as short
dYdX ENA-USD	+0.0080%	1h	0.2137	−0.168%	$141K	$16K	5x	as long as short
Lighter ENA	+0.0096%	1h	0.2138	−0.145%	$5.0M	$13.1M	10x	as long as short
Popdex ENAUSDTshort	+0.0096%	1h	0.2136	−0.234%	$55K	$488K	50x
Paradex ENA-USD-PERP	+0.0099%	8h	0.2135	−0.260%	$48K	$110	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2136	−0.224%	$566K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2139	−0.095%	$117.0M	$76.6M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2137	−0.200%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2137	−0.201%	$409K	$560K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2137	−0.198%	$128.9M	$424.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2137	−0.168%	$88.7M	$191.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2137	−0.210%	$21.1M	$107.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2142	+0.065%	$39K	$331K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2136	−0.234%	$79K	$249K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2147	+0.291%	$105K	$12K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2137	−0.173%	$13.4M	$28.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2137	−0.201%	$41.9M	$44.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2137	−0.163%	$25.1M	$15.9M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2137	−0.196%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2136	−0.248%	$413K	$479K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2146	+0.226%	$3.1M	$9.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2142	+0.061%	$253K	$7.2M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2142	+0.047%	$360K	$4.8M	10x	as long as short
ApeX Omni ENAUSDTlong	+0.0100%	1h	0.2141	long leg	$19K	$644K	50x
Polymarket Perps ENA-USD	+0.0100%	1h	0.2137	−0.163%	$176K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2087	−2.522%	$1K	$922K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2137	−0.187%	$4K	$6K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2140	−0.033%	$265K	$825K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2134	−0.327%	$1.9M	$9.0M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2136	−0.230%	$1.6M	$4.7M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2137	−0.198%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2138	−0.126%	$13K	$267K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0195%	1h	0.2138	−0.162%	$2.6M	$4.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0307% / S −0.0756%	1h	0.2137	−0.191%	$59K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2132	−0.411%	$5.5M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2133	−0.367%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0544%	1h	0.2144	+0.117%	$795K	$2.0M	50x	as long as short