ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.096%

Price spread now: Orderly against Aster−0.057%59s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Orderly is 0.057% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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	Aster ENAUSDT	0.2099	0.0100	pay 0.0050% / 4h	2h 15m	$1.5M	$3.3M	50x
Short	Orderly PERP_ENA_USDC	0.2098	−0.0082	pay 0.0041% / 4h	2h 15m	$41K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now −0.057%Rate

Funding earned: −$38.25
Price spread: −0.057% → 0.000%: −$5.66
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$57.91
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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 Aster live order book, 3 min ago	2.62 bp	8.2 bp −$8	19.1 bp −$191	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Backpack ENA_USDC_PERP	−0.0280%	1h	0.2099	+0.015%	$361K	$484K	5x	as long as short
Orderly PERP_ENA_USDCshort	−0.0082%	4h	0.2098	−0.057%	$41K	$23K	10x
01 Exchange ENAUSD	−0.0008%	1h	0.2098	−0.057%	$4K	$432	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2099	−0.018%	$93K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2098	−0.059%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.163%	$522	$57K	5.5x	as long as short
Gate ENA_USDT	+0.0058%	4h	0.2098	−0.066%	$10.4M	$21.7M	50x	as long as short
Phoenix ENA	+0.0076%	1h	0.2102	+0.158%	$5K	$394K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2097	−0.095%	$60K	$538K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2099	−0.009%	$47K	$221	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	0.2097	−0.102%	$657K	$1.8M	10x	as long as short
Aster ENAUSDTlong	+0.0100%	4h	0.2099	long leg	$1.5M	$3.3M	50x
Pacifica ENA	+0.0100%	1h	0.2099	+0.017%	$406K	$593K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2097	−0.088%	$129.3M	$465.9M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2097	−0.114%	$87.5M	$193.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2097	−0.080%	$20.2M	$113.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2100	+0.067%	$19K	$430K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2099	+0.001%	$82K	$223K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2107	+0.382%	$89K	$2K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2098	−0.052%	$46.0M	$49.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2099	−0.018%	$24.3M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2096	−0.142%	$47.4M	$66.2M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2097	−0.080%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2104	+0.240%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2100	+0.051%	$250K	$8.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2100	+0.031%	$351K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2100	+0.048%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2098	−0.047%	$183K	$3.0M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2047	−2.486%	$855	$809K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2098	−0.047%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2101	+0.077%	$272K	$1.6M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2099	+0.001%	$1.9M	$9.3M	50x	as long as short
Kraken Futures PF_ENAUSD	+0.0104%	1h	0.2099	−0.019%	$2.6M	$5.8M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2099	−0.004%	$77K	$11K	3x	as long as short
Extended ENA-USD	+0.0152%	1h	0.2097	−0.093%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0214% / S −0.0163%	1h	0.2097	−0.078%	$50K	—	100x	as long as short
Lighter ENA	+0.0312%	1h	0.2102	+0.148%	$5.7M	$13.2M	10x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2100	+0.067%	$5.5M	$8.1M	75x	as long as short
Hyperliquid ENA	+0.0352%	1h	0.2100	+0.053%	$110.8M	$80.7M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2096	−0.122%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0536%	1h	0.2104	+0.215%	$805K	$2.2M	50x	as long as short
dYdX ENA-USD	+0.5855%	1h	0.2100	+0.048%	$139K	$15K	5x	as long as short