ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0263%/8h= +28.8% APRnext payment +$0.33 per $10,000 · paid last 24h −0.676%

Price spread now: Extended against dYdX−0.094%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$814as in the Funding arb table

Net, price: spread back to 7d avg − costs−$720as in the Price arb table

costs, in and out, $10k−$7147.144% of the position

Long on dYdX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.999%−$100 on $10k

Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.094%, 7d avg −0.035%

Together, before fees−1.041%+ Points / potential airdropExtended: Active · farm board−$104 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.058% cheaper against dYdX than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.035%). If the spread goes back, that is −$6 on $10k: about 18 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.999%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ENA-USD	0.2162	0.0065	pay 0.0008% / 1h	13m 08s	$143K	$15K	5x
Short	Extended ENA-USD	0.2160	0.0328	get 0.0041% / 1h	13m 08s	$1.6M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.094%Rate

Funding earned: $55.25
Price spread: −0.094% → −0.035%: −$5.83
Slippage, 4 orders: −$699.45
Fee dYdX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$665.03
Costs to cover: 7.144%
Break-even: 91.3 days

Slippage from dYdX: live order book, 61 min ago; Extended: live order book, 6 min ago.

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, 61 min ago	195.88 bp	350.9 bp −$351	593.8 bp −$5,938	695.8 bp −$69.6K	1393.6 bp −$696.8K
Sell Extended live order book, 6 min ago	0.46 bp	5.5 bp −$6	10.1 bp −$101	doesn't fit	doesn't fit

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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2160	−0.067%	$81K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0004%	1h	0.2160	−0.074%	$104K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0032%	4h	0.2159	−0.127%	$42K	$23K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−1.774%	$522	$57K	5.5x	as long as short
dYdX ENA-USDlong	+0.0065%	1h	0.2162	long leg	$143K	$15K	5x
Popdex ENAUSDT	+0.0096%	1h	0.2161	−0.035%	$52K	$517K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2160	−0.067%	$714K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2164	+0.090%	$1.6M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2161	−0.044%	$426K	$553K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2161	−0.040%	$134.9M	$442.8M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ENAUSDT	+0.0100%	4h	0.2161	−0.049%	$89.0M	$187.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2160	−0.077%	$21.2M	$110.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2156	−0.280%	$16K	$413K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2161	−0.035%	$107K	$242K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2150	−0.540%	$94K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2161	−0.044%	$11.0M	$21.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2160	−0.058%	$46.0M	$44.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2162	+0.030%	$24.9M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2158	−0.151%	$48.9M	$61.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2160	−0.086%	—	$32.6M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2162	+0.002%	$384K	$398K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2157	−0.210%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2159	−0.140%	$250K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2159	−0.127%	$366K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2159	−0.127%	$33K	$686K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2162	−0.003%	$181K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2109	−2.417%	$1K	$834K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2161	−0.035%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2163	+0.058%	$280K	$1.1M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2160	−0.081%	$2.0M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2160	−0.091%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2160	−0.071%	$76K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2162	+0.007%	$8K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0176%	1h	0.2160	−0.063%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0231%	1h	0.2162	+0.017%	$2.7M	$5.1M	50x	as long as short
Extended ENA-USDshort	+0.0328%	1h	0.2160	−0.094%	$1.6M	$4.2M	50x
GMX ENA/USD [ETH-USDC]	L +0.0334% / S −0.0430%	1h	0.2160	−0.089%	$81K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2160	−0.058%	$5.7M	$2.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2160	−0.066%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2165	+0.141%	$857K	$1.8M	50x	as long as short
Lighter ENA	+0.0736%	1h	0.2164	+0.109%	$5.9M	$13.1M	10x	as long as short
Hyperliquid ENA	+0.0777%	1h	0.2164	+0.109%	$117.7M	$74.7M	10x	as long as short