ENA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackENA_USDC_PERP	0.2108	+0.0100	pay 0.0013% / 1h	18m 29s	$515K	$376K	5x	Long Backpack
SHORT	RISExENA/USDC	0.2107	−0.4464	pay 0.0558% / 1h	18m 29s	$178K	$338K	10x	Short RISExInvite

Price gap−0.074%

Funding gap−0.4564% /8h

Both sides work against this direction now: funding costs $137 a day on $10k and the gap is 0.039% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$21−0.4564% /8h now · paid −0.209% over the last 7D

Price−$4spread −0.074% now, avg −0.036% → −0.039% if it goes back

Costs−$330.334% of $10k · taker + slippage, in and out

Result−$58−0.58%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.209% in total, about −0.0100%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.074%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ENA on 45 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

OK: Fits both order books12.4 / 5.2 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$2,000 + $1,000
Backpack 5x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$136.93Long Backpack: 24 payments, −$3.00; short RISEx: 24 payments, −$133.93.
Watch: Gap narrower than usual−0.074% vs −0.036%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$178K vs $515K OI
RISEx sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBackpack Yes · RISEx No
KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0100%/8h × 21 periods−$20.94

Price spread−0.074% → −0.036% (7d avg)−$3.86

Slippage, 4 orderslive order books−$17.44

Fee Backpack bp × 2 orders−$10.00

Fee RISEx bp × 2 orders−$6.00

Net · 7 days · $10k−$58.23

Costs to cover0.334%Break-evennever at this rate

Slippage: Backpack: live order book, 12 min ago; RISEx: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBackpack2.1612.4 bp−$1265.0 bp−$650doesn’t fitdoesn’t fit

SELL · SHORTRISEx1.925.2 bp−$530.0 bp−$300doesn’t fitdoesn’t fit

Closing costs about the same again.

ENA news

posts that mention ENA, from every exchangeSearch all news →

10-23 09:05	Reya	Listing	new market ENARUSDPERP ($ENA) seen by our collector
10-21 12:23	OKX	Other	ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-20 09:08	Bullet	Listing	By popular demand, $ENA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-20 08:16	Bullet	Listing	new market ENA-USD ($ENA) seen by our collector
10-16 07:56	Pacifica	Listing	$ENA Print is now live on Pacifica. Place Print $ENA orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗
10-13 15:13	OKX	Other	Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗

ENA