Funding you earn now, next payment 22:00 UTC+0.8250%/8h= +903.3% APRnext payment +$10.31 per $10,000 · paid last 24h +0.646%
Price spread now: dYdX against Extended+0.072%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$692as in the Funding arb table
Net, price: spread back to 7d avg − costs−$779as in the Price arb table
costs, in and out, $10k−$7837.830% of the position
Funding, last 7 days+0.906%+$91 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now +0.072%, 7d avg +0.031%
=Together, before fees+1.066%+ Points / potential airdropExtended: Active · farm board+$107 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$247 a day on $10k at the current rate, and dYdX is 0.041% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.906% in total (about 47.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ENA-USD | 0.2098 | 0.0104 | pay 0.0013% / 1h | 31m 07s | $1.6M | $4.2M | 50x |
| Short | dYdX ENA-USD | 0.2100 | 0.8354 | get 0.1044% / 1h | 31m 07s | $139K | $15K | 5x |
Extended ENA-USD
dYdX ENA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1,732.42
- Price spread: +0.072% → +0.031%
- $4.13
- Slippage, 4 orders
- −$767.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $953.58
- Costs to cover
- 7.830%
- Break-even
- 3.1 days
Slippage from Extended: live order book, 3 min ago; dYdX: live order book, 57 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 Extended live order book, 3 min ago | 0.24 bp | 5.4 bp −$5 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 57 min ago | 34.14 bp | 451.0 bp −$451 | 841.6 bp −$8,416 | 1177.0 bp −$117.7K | 1861.9 bp −$931.0K |
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 | −0.0300% | 1h | 0.2100 | +0.092% | $361K | $485K | 5x | as long as short |
| Orderly PERP_ENA_USDC | −0.0082% | 4h | 0.2099 | +0.034% | $41K | $23K | 10x | as long as short |
| 01 Exchange ENAUSD | −0.0032% | 1h | 0.2100 | +0.068% | $4K | $432 | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2100 | +0.068% | $93K | $1.9M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2100 | +0.073% | $96K | — | 150x | as long as short |
| Gate ENA_USDT | +0.0006% | 4h | 0.2099 | +0.034% | $10.4M | $21.6M | 50x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +1.197% | $522 | $57K | 5.5x | as long as short |
| Phoenix ENA | +0.0076% | 1h | 0.2095 | −0.132% | $5K | $394K | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2100 | +0.082% | $59K | $541K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2099 | +0.032% | $47K | $221 | 10x | as long as short |
Backpack ENA_USDC_PERP
Orderly PERP_ENA_USDC
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Gate ENA_USDT
Injective ENA/USDC PERP
Phoenix ENA
Popdex ENAUSDT
Paradex ENA-USD-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ENA-PERP | +0.0100% | 1h | 0.2099 | +0.027% | $658K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2101 | +0.142% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2100 | +0.074% | $403K | $585K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2099 | +0.056% | $129.4M | $467.4M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2098 | −0.004% | $87.6M | $193.9M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2099 | +0.044% | $20.3M | $114.2M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2101 | +0.115% | $19K | $435K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2099 | +0.034% | $82K | $223K | 10x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2099 | +0.020% | $45.2M | $48.9M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2101 | +0.115% | $24.3M | $16.6M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2098 | −0.028% | $47.5M | $66.7M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2099 | +0.025% | — | $32.0M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2092 | −0.300% | $3.6M | $10.1M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2097 | −0.048% | $249K | $8.0M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2094 | −0.224% | $359K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2097 | −0.061% | $32K | $713K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2101 | +0.139% | $182K | $3.0M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2049 | −2.372% | $898 | $807K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2099 | +0.034% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2103 | +0.225% | $273K | $1.6M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2099 | +0.034% | $1.9M | $9.3M | 50x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2100 | +0.102% | $89K | $2K | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0104% | 1h | 0.2099 | +0.058% | $2.6M | $5.8M | 50x | as long as short |
| Extended ENA-USDlong | +0.0104% | 1h | 0.2098 | long leg | $1.6M | $4.2M | 50x | |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2100 | +0.069% | $77K | $11K | 3x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0213% / S −0.0161% | 1h | 0.2100 | +0.078% | $50K | — | 100x | as long as short |
| Lighter ENA | +0.0280% | 1h | 0.2102 | +0.168% | $5.7M | $13.2M | 10x | as long as short |
| Hyperliquid ENA | +0.0303% | 1h | 0.2102 | +0.158% | $110.9M | $80.9M | 10x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2101 | +0.130% | $5.5M | $8.1M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2099 | +0.045% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0536% | 1h | 0.2108 | +0.482% | $805K | $2.2M | 50x | as long as short |
| dYdX ENA-USDshort | +0.8354% | 1h | 0.2100 | +0.072% | $139K | $15K | 5x |
Nado ENA-PERP
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Bulk ENA-USD
Kraken Futures PF_ENAUSD
Aevo ENA-PERP
GMX ENA/USD [ETH-USDC]
Lighter ENA
Hyperliquid ENA
BloFin ENA-USDT
Reya ENARUSDPERP
Coinbase International ENA-PERP-INTX