Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.015%
Price spread now: Injective against Bitget+0.198%91s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.198% dearer against Bitget than usual: you sell high and buy low (spread +0.198% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you. The two prices were read 91 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 | Bitget ENAUSDT | 0.2119 | 0.0100 | pay 0.0050% / 4h | 59m 43s | $48.0M | $64.8M | 75x |
| Short | Injective ENA/USDC PERP | 0.2123 | 0.0033 | get 0.0004% / 1h | 59m 43s | $522 | $57K | 5.5x |
Bitget ENAUSDT
Injective ENA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +0.198% → 0.000%
- $19.82
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$6.2
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 4 min ago; Injective: 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 Bitget live order book, 4 min ago | 0.71 bp | 11.9 bp −$12 | 16.7 bp −$167 | 37.6 bp −$3,764 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ENA_USDC | −0.0036% | 4h | 0.2120 | +0.047% | $41K | $24K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2121 | +0.090% | $92K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2121 | +0.081% | $105K | — | 150x | as long as short |
| Backpack ENA_USDC_PERP | +0.0012% | 1h | 0.2122 | +0.113% | $375K | $447K | 5x | as long as short |
| Injective ENA/USDC PERPshort | +0.0033% | 1h | 0.2123 | +0.198% | $522 | $57K | 5.5x | |
| Kraken Futures PF_ENAUSD | +0.0065% | 1h | 0.2122 | +0.150% | $2.7M | $5.5M | 50x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2120 | +0.038% | $63K | $530K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2122 | +0.153% | $666K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2121 | +0.062% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2120 | +0.019% | $410K | $575K | 10x | as long as short |
Orderly PERP_ENA_USDC
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Backpack ENA_USDC_PERP
Kraken Futures PF_ENAUSD
Popdex ENAUSDT
Nado ENA-PERP
Aster ENAUSDT
Pacifica ENAShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ENAUSDT | +0.0100% | 4h | 0.2120 | +0.039% | $131.1M | $455.4M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2118 | −0.066% | $89.0M | $191.2M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2120 | +0.033% | $20.5M | $112.3M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2117 | −0.085% | $15K | $400K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2121 | +0.085% | $83K | $220K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2122 | +0.113% | $89K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2121 | +0.071% | $10.8M | $21.6M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2120 | +0.057% | $46.7M | $47.3M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2122 | +0.132% | $24.2M | $16.4M | 75x | as long as short |
| Bitget ENAUSDTlong | +0.0100% | 4h | 0.2119 | long leg | $48.0M | $64.8M | 75x | |
| BingX ENA-USDC | +0.0100% | 4h | 0.2120 | +0.057% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2115 | −0.190% | $3.8M | $10.3M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2112 | −0.347% | $251K | $7.7M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2107 | −0.576% | $349K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2111 | −0.387% | $32K | $710K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2122 | +0.132% | $178K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2069 | −2.388% | $1K | $819K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2121 | +0.085% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2123 | +0.189% | $275K | $1.5M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2119 | −0.009% | $2.0M | $9.2M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2119 | +0.008% | $47K | $221 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2121 | +0.071% | $78K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0115% | 1h | 0.2109 | −0.458% | $5K | $356K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0152% | 1h | 0.2121 | +0.090% | $4K | $312 | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0250% / S −0.0434% | 1h | 0.2121 | +0.065% | $38K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2117 | −0.109% | $5.6M | $8.1M | 75x | as long as short |
| Extended ENA-USD | +0.0352% | 1h | 0.2120 | +0.053% | $1.6M | $4.2M | 50x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2120 | +0.057% | $1K | $5K | 15x | as long as short |
| Hyperliquid ENA | +0.0452% | 1h | 0.2124 | +0.211% | $112.3M | $78.6M | 10x | as long as short |
| Lighter ENA | +0.0560% | 1h | 0.2121 | +0.094% | $5.7M | $12.8M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0576% | 1h | 0.2124 | +0.250% | $839K | $2.2M | 50x | as long as short |
| dYdX ENA-USD | +0.1985% | 1h | 0.2120 | +0.040% | $140K | $15K | 5x | as long as short |
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
BingX ENA-USDC
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Aevo ENA-PERP
Phoenix ENA
01 Exchange ENAUSD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Extended ENA-USD
Reya ENARUSDPERP
Hyperliquid ENA
Lighter ENA
Coinbase International ENA-PERP-INTX
dYdX ENA-USD