ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0312%/8h= +34.1% APRnext payment +$0.39 per $10,000 · paid last 24h +0.093%

Price spread now: Reya against Bulk+2.039%7-day average — · you sell dearer than you buy

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

Long on Bulk Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Reya is 2.039% dearer against Bulk than usual: you sell high and buy low: +$204 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk ENA-USD	0.2105	0.0100	pay 0.0013% / 1h	26m 50s	$92K	$4K	10x
Short	Reya ENARUSDPERP	0.2148	0.0412	get 0.0051% / 1h	26m 50s	$1K	$5K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Bulk. 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 BulkbpFee ReyabpOrdersPrice spread, now +2.039%Rate

Funding earned: $65.48
Price spread: +2.039% → 0.000%: $203.91
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $256.38
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Bulk: no order-book sample; Reya: 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 Bulk no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Bulk and Reya: 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 41 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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2144	+1.849%	$80K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2147	+2.003%	$92K	—	150x	as long as short
dYdX ENA-USD	+0.0016%	1h	0.2141	+1.718%	$141K	$15K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.861%	$522	$57K	5.5x	as long as short
Orderly PERP_ENA_USDC	+0.0039%	4h	0.2144	+1.830%	$45K	$28K	10x	as long as short
01 Exchange ENAUSD	+0.0080%	1h	0.2146	+1.925%	$4K	$302	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2147	+1.982%	$56K	$521K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2149	+2.077%	$695K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2142	+1.740%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2143	+1.802%	$419K	$544K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2134	+1.379%	$132.1M	$445.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2132	+1.279%	$87.6M	$187.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2132	+1.289%	$21.0M	$108.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2138	+1.540%	$19K	$413K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2144	+1.840%	$117K	$251K	10x	as long as short
Bulk ENA-USDlong	+0.0100%	1h	0.2105	long leg	$92K	$4K	10x
Gate ENA_USDT	+0.0100%	4h	0.2134	+1.341%	$11.0M	$21.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2134	+1.341%	$45.5M	$44.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2137	+1.502%	$24.8M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2131	+1.241%	$48.5M	$61.2M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2133	+1.336%	—	$32.6M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2143	+1.806%	$383K	$394K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2140	+1.636%	$3.8M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2149	+2.080%	$247K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2145	+1.897%	$360K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2144	+1.840%	$32K	$656K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2148	+2.049%	$191K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2092	−0.611%	$1K	$852K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2142	+1.745%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2147	+1.963%	$276K	$929K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2142	+1.745%	$1.9M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2142	+1.724%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2145	+1.864%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0188%	1h	0.2147	+1.996%	$8K	$351K	10x	as long as short
Extended ENA-USD	+0.0240%	1h	0.2132	+1.252%	$1.6M	$4.2M	50x	as long as short
Kraken Futures PF_ENAUSD	+0.0249%	1h	0.2144	+1.858%	$2.7M	$4.5M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0252% / S −0.0206%	1h	0.2147	+2.005%	$51K	—	100x	as long as short
Lighter ENA	+0.0392%	1h	0.2145	+1.882%	$5.6M	$13.7M	10x	as long as short
Reya ENARUSDPERPshort	+0.0412%	1h	0.2148	+2.039%	$1K	$5K	15x
Hyperliquid ENA	+0.0521%	1h	0.2144	+1.854%	$116.1M	$73.3M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2140	+1.659%	$838K	$1.8M	50x	as long as short