ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.15 per $10,000 · paid last 24h −0.689%

Price spread now: Injective against dYdX+0.275%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.882%−$88 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.275% dearer against dYdX than usual: you sell high and buy low (spread +0.275% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.8 days. At the pace of the last 7 days (−0.882% in total) that is about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ENA-USD	0.2118	0.0151	pay 0.0019% / 1h	59m 54s	$140K	$15K	5x
Short	Injective ENA/USDC PERP	0.2123	0.0033	get 0.0004% / 1h	59m 54s	$522	$57K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.275%Rate

Funding earned: −$24.79
Price spread: +0.275% → 0.000%: $27.5
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$7.31
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: dYdX: live order book, 59 min ago; Injective: 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, 59 min ago	42.15 bp	51.5 bp −$52	298.7 bp −$2,987	1417.9 bp −$141.8K	1832.1 bp −$916.1K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Backpack ENA_USDC_PERP	−0.0126%	1h	0.2115	−0.112%	$362K	$401K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0081%	4h	0.2115	−0.122%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	−0.0016%	1h	0.2116	−0.079%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2116	−0.089%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2116	−0.081%	$82K	—	150x	as long as short
Injective ENA/USDC PERPshort	+0.0033%	1h	0.2123	+0.275%	$522	$57K	5.5x
Phoenix ENA	+0.0076%	1h	0.2110	−0.353%	$8K	$266K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2115	−0.122%	$56K	$467K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2116	−0.086%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2114	−0.152%	$659K	$1.7M	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	0.2116	−0.056%	$1.5M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2117	−0.028%	$404K	$521K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2115	−0.122%	$128.7M	$415.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2115	−0.108%	$85.4M	$175.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2116	−0.060%	$21.1M	$103.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2105	−0.580%	$20K	$318K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2116	−0.074%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2107	−0.523%	$92K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2115	−0.103%	$11.1M	$22.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2115	−0.122%	$46.2M	$41.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2117	−0.032%	$25.0M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2114	−0.155%	$48.0M	$57.6M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2115	−0.108%	—	$32.3M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2114	−0.175%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2113	−0.206%	$244K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	−0.112%	$359K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2116	−0.074%	$20K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2116	−0.060%	$178K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2064	−2.525%	$1K	$850K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2116	−0.074%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2119	+0.044%	$274K	$793K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2115	−0.122%	$1.8M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2115	−0.137%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2116	−0.091%	$74K	$4K	3x	as long as short
dYdX ENA-USDlong	+0.0151%	1h	0.2118	long leg	$140K	$15K	5x
Hyperliquid ENA	+0.0176%	1h	0.2118	+0.006%	$115.4M	$74.8M	10x	as long as short
Lighter ENA	+0.0192%	1h	0.2118	+0.020%	$5.2M	$13.5M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0242%	1h	0.2117	−0.043%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2116	−0.081%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2115	−0.126%	$5.6M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2115	−0.140%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0632%	1h	0.2120	+0.124%	$866K	$1.7M	50x	as long as short