ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h −0.684%

Price spread now: Popdex against dYdX−0.013%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1221.218% of the position

Long on dYdX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.966%−$97 on $10k

Price spread, last 4 days (all we have)−0.150%−$15 · spread now −0.013%, 7d avg +0.001%

Together, before fees−1.116%−$112 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.966%, 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	0.2134	0.0015	pay 0.0002% / 1h	25m 55s	$141K	$15K	5x
Short	Popdex ENAUSDT	0.2134	0.0096	get 0.0012% / 1h	25m 55s	$56K	$521K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.013%Rate

Funding earned: $16.93
Price spread: −0.013% → +0.001%: −$1.5
Slippage, 4 orders: −$105.42
Fee dYdX: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$106.38
Costs to cover: 1.218%
Break-even: 51.0 days

Slippage from dYdX: live order book, 43 min ago; Popdex: live order book, 43 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, 43 min ago	39.28 bp	44.3 bp −$44	294.9 bp −$2,949	882.2 bp −$88.2K	1645.9 bp −$823.0K
Sell Popdex live order book, 43 min ago	2.54 bp	16.2 bp −$16	95.2 bp −$952	doesn't fit	doesn't fit

ENA on 41 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	0.2135	+0.033%	$80K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2134	−0.013%	$92K	—	150x	as long as short
dYdX ENA-USDlong	+0.0015%	1h	0.2134	long leg	$141K	$15K	5x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.510%	$522	$57K	5.5x	as long as short
Orderly PERP_ENA_USDC	+0.0038%	4h	0.2134	−0.013%	$44K	$28K	10x	as long as short
01 Exchange ENAUSD	+0.0080%	1h	0.2135	+0.052%	$4K	$302	10x	as long as short
Popdex ENAUSDTshort	+0.0096%	1h	0.2134	−0.013%	$56K	$521K	50x
Aster ENAUSDT	+0.0100%	4h	0.2135	+0.029%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2135	+0.046%	$418K	$544K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2132	−0.129%	$131.9M	$445.0M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ENAUSDT	+0.0100%	4h	0.2130	−0.177%	$87.5M	$187.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2130	−0.187%	$20.9M	$108.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2138	+0.160%	$19K	$413K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2135	+0.033%	$116K	$251K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2135	+0.010%	$94K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2131	−0.149%	$11.0M	$21.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2131	−0.145%	$45.4M	$44.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2135	+0.038%	$24.8M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2129	−0.229%	$48.5M	$61.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2131	−0.168%	—	$32.6M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2136	+0.085%	$382K	$394K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2134	−0.032%	$3.8M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2149	+0.692%	$247K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2145	+0.512%	$360K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2144	+0.455%	$32K	$656K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2133	−0.058%	$688K	$1.8M	10x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2135	+0.010%	$185K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2083	−2.384%	$1K	$853K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2136	+0.080%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2136	+0.080%	$275K	$877K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2134	−0.013%	$1.9M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2133	−0.069%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2135	+0.017%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0188%	1h	0.2147	+0.610%	$8K	$351K	10x	as long as short
Extended ENA-USD	+0.0240%	1h	0.2132	−0.100%	$1.6M	$4.2M	50x	as long as short
Kraken Futures PF_ENAUSD	+0.0250%	1h	0.2137	+0.144%	$2.7M	$4.5M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2133	−0.053%	$51K	—	100x	as long as short
Lighter ENA	+0.0368%	1h	0.2139	+0.207%	$5.6M	$13.7M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2134	−0.020%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0511%	1h	0.2133	−0.056%	$115.4M	$73.3M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2140	+0.277%	$838K	$1.8M	50x	as long as short