ENA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitENA_USDC-PERPETUAL	0.2107	0	0.0000% / 1h	17m 24s	$931K	$14.0M	50x	Long Deribit
SHORT	RISExENA/USDC	0.2107	−0.4464	pay 0.0558% / 1h	17m 24s	$178K	$338K	10x	Short RISExInvite

Price gap+0.009%

Funding gap−0.4464% /8h

The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $134 a day and eats that in about under an hour.

If you open now and hold

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

Funding+$10−0.4464% /8h now · paid +0.099% over the last 7D

Price+$2spread +0.009% now, avg −0.015% → +0.024% if it goes back

Costs−$240.239% of $10k · taker + slippage, in and out

Result−$12−0.12%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 +0.099% in total, about +0.0047%/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+0.009%

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

3 ok · 2 to watch

OK: Fits both order books6.8 / 5.2 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $1,000
Deribit 50x, 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: −$133.93Long Deribit: 24 payments, $0.00; short RISEx: 24 payments, −$133.93.
OK: Entry gap works for you+0.009% vs −0.015%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$178K vs $931K OI
RISEx sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCDeribit Yes · RISEx No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0047%/8h × 21 periods+$9.86

Price spread+0.009% → −0.015% (7d avg)+$2.45

Slippage, 4 orderslive order books−$10.86

Fee Deribit bp × 2 orders−$7.00

Fee RISEx bp × 2 orders−$6.00

Net · 7 days · $10k−$11.55

Costs to cover0.239%Break-even15.2 days

Slippage: Deribit: live order book, 3 min ago; RISEx: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit2.866.8 bp−$712.2 bp−$122doesn’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