ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1464%/8h= −160.3% APRnext payment −$1.83 per $10,000 · paid last 24h −0.649%

Price spread now: Ondo Perps against dYdX+1.296%7-day average +0.045% · you sell dearer than you buy

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

Long on dYdX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−1.053%−$105 on $10k

Price spread, last 4 days (all we have)−1.504%−$150 · spread now +1.296%, 7d avg +0.045%

Together, before fees−2.557%+ Points / potential airdropOndo Perps: Active · farm board−$256 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 1.252% dearer against dYdX than usual: you sell high and buy low (spread +1.296% now, against its 7-day average of +0.045%): +$125 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−1.053% in total) that is about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ENA-USD	0.2097	0.1564	pay 0.0195% / 1h	56m 13s	$139K	$15K	5x
Short	Ondo Perps ENA-USD.P	0.2125	0.0100	get 0.0013% / 1h	56m 13s	$22K	$324K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +1.296%Rate

Funding earned: −$307.37
Price spread: +1.296% → +0.045%: $125.15
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$197.22
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: dYdX: live order book, 58 min ago; Ondo Perps: 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, 58 min ago	50.64 bp	55.6 bp −$56	314.7 bp −$3,147	692.6 bp −$69.3K	1581.0 bp −$790.5K
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0134%	4h	0.2097	−0.024%	$44K	$25K	10x	as long as short
Gate ENA_USDT	−0.0016%	4h	0.2088	−0.434%	$10.9M	$23.2M	50x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2094	−0.144%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2097	−0.043%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2097	−0.027%	$81K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.239%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2094	−0.163%	$56K	$465K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2094	−0.143%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2093	−0.215%	$649K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2092	−0.282%	$113.2M	$74.3M	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	0.2092	−0.276%	$1.4M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2096	−0.068%	$398K	$512K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2090	−0.355%	$126.6M	$414.5M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2089	−0.396%	$84.9M	$174.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2091	−0.330%	$20.9M	$102.8M	50x	as long as short
Ondo Perps ENA-USD.Pshort	+0.0100%	1h	0.2125	+1.296%	$22K	$324K	5x
Arcus ENA-USD	+0.0100%	1h	0.2095	−0.115%	$78K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2094	−0.141%	$92K	−$0	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2090	−0.363%	$45.2M	$40.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2090	−0.358%	$24.7M	$15.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2089	−0.392%	$47.6M	$57.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2090	−0.353%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2089	−0.378%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2090	−0.332%	$240K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2091	−0.302%	$346K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2095	−0.115%	$20K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2095	−0.110%	$192K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2040	−2.728%	$945	$859K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2092	−0.258%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2095	−0.115%	$272K	$778K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2088	−0.449%	$1.7M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2095	−0.109%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2096	−0.067%	$73K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2098	+0.009%	$8K	$278K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0164%	1h	0.2093	−0.198%	$2.6M	$4.3M	50x	as long as short
Lighter ENA	+0.0184%	1h	0.2090	−0.339%	$5.2M	$13.0M	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0305% / S −0.0358%	1h	0.2097	−0.030%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2110	+0.614%	$5.6M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2094	−0.148%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0558%	1h	0.2090	−0.358%	$356K	$400K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0704%	1h	0.2097	−0.043%	$859K	$1.7M	50x	as long as short
dYdX ENA-USDlong	+0.1564%	1h	0.2097	long leg	$139K	$15K	5x