ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.1707%/8h= −186.9% APRnext payment −$2.13 per $10,000 · paid last 24h −0.689%

Price spread now: Bulk against dYdX−0.373%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Bulk

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—needs both histories

Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Bulk is 0.373% cheaper against dYdX than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ENA-USD	0.2091	0.1807	pay 0.0226% / 1h	53m 27s	$138K	$15K	5x
Short	Bulk ENA-USD	0.2083	0.0100	get 0.0013% / 1h	53m 27s	$88K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against dYdX. 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 dYdXbpFee BulkbpOrdersPrice spread, now −0.373%Rate

Funding earned: −$358.44
Price spread: −0.373% → 0.000%: −$37.35
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$412.78
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: dYdX: live order book, 30 min ago; Bulk: 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 dYdX live order book, 30 min ago	74.05 bp	249.8 bp −$250	475.0 bp −$4,750	648.8 bp −$64.9K	1405.5 bp −$702.8K
Sell Bulk no order-book sample	—	—	—	—	—

Bulk: 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	−0.0079%	4h	0.2092	+0.039%	$40K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2093	+0.077%	$93K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2093	+0.061%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.535%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0064%	1h	0.2091	−0.009%	$4K	$432	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2093	+0.076%	$2.6M	$5.6M	50x	as long as short
Backpack ENA_USDC_PERP	+0.0071%	1h	0.2091	−0.009%	$361K	$485K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2091	−0.014%	$59K	$538K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2091	−0.019%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2091	0.000%	$656K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2094	+0.135%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2092	+0.035%	$405K	$587K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2092	+0.010%	$128.6M	$464.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2090	−0.067%	$86.9M	$193.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2091	−0.028%	$20.2M	$113.0M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2098	+0.335%	$20K	$414K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2091	−0.014%	$82K	$223K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2091	−0.009%	$10.4M	$21.1M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2092	+0.034%	$45.0M	$46.6M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2092	+0.058%	$23.9M	$16.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2089	−0.114%	$47.2M	$65.5M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2091	−0.023%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2093	+0.085%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2096	+0.230%	$249K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2096	+0.241%	$353K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2097	+0.273%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2092	+0.010%	$189K	$2.8M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2042	−2.362%	$1K	$814K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2093	+0.082%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2099	+0.364%	$272K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2090	−0.062%	$1.9M	$9.2M	50x	as long as short
Bulk ENA-USDshort	+0.0100%	1h	0.2083	−0.373%	$88K	$2K	10x
Aevo ENA-PERP	+0.0104%	1h	0.2093	+0.089%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2092	+0.053%	$5K	$356K	10x	as long as short
Extended ENA-USD	+0.0208%	1h	0.2091	−0.018%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0217% / S −0.0355%	1h	0.2092	+0.035%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2096	+0.240%	$5.5M	$8.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2090	−0.081%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0520%	1h	0.2094	+0.134%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0533%	1h	0.2094	+0.126%	$110.3M	$79.7M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2094	+0.144%	$801K	$2.1M	50x	as long as short
dYdX ENA-USDlong	+0.1807%	1h	0.2091	long leg	$138K	$15K	5x