ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.032%

Price spread now: SoDEX against Deribit−0.034%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.034% cheaper against Deribit than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ENA_USDC-PERPETUAL	0.2065	0	get 0.0000% / 1h	30m 31s	$72K	$1.2M	50x
Short	SoDEX ENA-USD	0.2064	0.0100	get 0.0013% / 1h	30m 31s	$6K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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 DeribitbpFee SoDEXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $21
Price spread: −0.034% → 0.000%: −$3.39
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $2.61
Costs to cover: 0.150%
Break-even: 6.1 days

Slippage unknown: Deribit: live order book, 2 min ago; SoDEX: 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 Deribit live order book, 2 min ago	4.36 bp	9.2 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 exchanges

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
01 Exchange ENAUSD	−0.0376%	1h	0.2058	−0.305%	$4K	$60	10x	as long as short
Orderly PERP_ENA_USDC	−0.0172%	4h	0.2064	−0.034%	$43K	$13K	10x	as long as short
Kraken Futures PF_ENAUSD	−0.0135%	1h	0.2064	−0.037%	$2.5M	$3.1M	50x	as long as short
Bitget ENAUSDT	−0.0028%	4h	0.2060	−0.223%	$46.5M	$56.3M	75x	as long as short
Deribit ENA_USDC-PERPETUALlong	0.0000%	1h	0.2065	long leg	$72K	$1.2M	50x
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2064	−0.016%	$80K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	+2.770%	$734	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2063	−0.087%	$4.8M	$12.7M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2061	−0.179%	$52K	$391K	50x	as long as short
Paradex ENA-USD-PERP	+0.0099%	8h	0.2061	−0.166%	$46K	—	10x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2061	−0.182%	$529K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2062	−0.121%	$110.7M	$77.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2062	−0.133%	$1.3M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2062	−0.119%	$376K	$510K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2061	−0.174%	$123.1M	$405.9M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2061	−0.194%	$82.8M	$186.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2062	−0.150%	$20.5M	$97.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2062	−0.150%	$32K	$317K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2060	−0.228%	$76K	$227K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2082	+0.814%	$102K	$11K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2060	−0.223%	$13.7M	$27.1M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2062	−0.126%	$42.1M	$41.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2062	−0.107%	$24.5M	$14.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2059	−0.252%	—	$29.7M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2062	−0.111%	$399K	$475K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2064	−0.055%	$2.8M	$7.7M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2059	−0.260%	$239K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2062	−0.151%	$351K	$4.1M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2059	−0.276%	$22K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2061	−0.170%	$121K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2015	−2.407%	$1K	$926K	20x	as long as short
SoDEX ENA-USDshort	+0.0100%	1h	0.2064	−0.034%	$6K	$5K	10x
HTX ENA-USDT	+0.0100%	4h	0.2066	+0.077%	$266K	$779K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2064	−0.034%	$1.8M	$9.0M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2059	−0.286%	$1.6M	$4.7M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2064	−0.058%	$72K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2065	+0.029%	$13K	$278K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0303% / S −0.0754%	1h	0.2065	−0.005%	$57K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2062	−0.121%	$5.5M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2064	−0.044%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0480%	1h	0.2071	+0.286%	$758K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.1420%	1h	0.2064	−0.026%	$137K	$15K	5x	as long as short