Funding you earn now, next payment 00:00 UTC−0.0654%/8h= −71.6% APRpaid last 24h −0.089%
Price spread now: edgeX against Hyperliquid+0.164%7-day average −0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 7 days−0.232%−$23 · spread now +0.164%, 7d avg −0.100%
=Together, before fees−0.456%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.264% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of −0.100%): +$26 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.223% in total) that is about 8.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.223% in total (about -11.6% a year). A funding rate is set anew for every payment. 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 | Hyperliquid ENA | 0.2124 | 0.0754 | pay 0.0094% / 1h | 11m 15s | $114.4M | $78.4M | 10x |
| Short | edgeX ENAUSDC | 0.2128 | 0.0100 | get 0.0050% / 4h | 11m 15s | $246K | $7.6M | 20x |
Hyperliquid ENA
edgeX ENAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Hyperliquid. 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
- −$137.25
- Price spread: +0.164% → −0.100%
- $26.41
- Slippage, 4 orders
- −$21.62
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$150.46
- Costs to cover
- 0.396%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 13 min ago; edgeX: live order book, 3 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 Hyperliquid live order book, 13 min ago | 1.41 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 7.05 bp | 11.6 bp −$12 | 13.1 bp −$131 | 43.9 bp −$4,389 | 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 | 0.2122 | −0.099% | $94K | $1.7M | 50x | as long as short |
| Orderly PERP_ENA_USDC | +0.0003% | 4h | 0.2121 | −0.132% | $41K | $24K | 10x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2122 | −0.116% | $97K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −0.033% | $522 | $57K | 5.5x | as long as short |
| Backpack ENA_USDC_PERP | +0.0050% | 1h | 0.2122 | −0.122% | $376K | $444K | 5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2120 | −0.193% | $62K | $528K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2120 | −0.207% | $678K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2122 | −0.089% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2122 | −0.093% | $410K | $561K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2120 | −0.179% | $131.0M | $450.4M | 75x | as long as short |
Deribit ENA_USDC-PERPETUAL
Orderly PERP_ENA_USDC
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Backpack ENA_USDC_PERP
Popdex ENAUSDT
Nado ENA-PERP
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ENAUSDT | +0.0100% | 4h | 0.2120 | −0.188% | $89.1M | $189.0M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2121 | −0.165% | $20.6M | $110.5M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2123 | −0.033% | $15K | $395K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2121 | −0.146% | $84K | $222K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2121 | −0.146% | $89K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2120 | −0.188% | $10.9M | $21.5M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2120 | −0.174% | $46.4M | $45.6M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2122 | −0.122% | $24.5M | $16.3M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2119 | −0.240% | $48.1M | $63.4M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2120 | −0.174% | — | $32.6M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2121 | −0.149% | $3.9M | $10.2M | — | as long as short |
| edgeX ENAUSDCshort | +0.0100% | 4h | 0.2128 | +0.164% | $246K | $7.6M | 20x | |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2129 | +0.231% | $364K | $4.7M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2129 | +0.231% | $34K | $712K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2123 | −0.071% | $179K | $2.4M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2071 | −2.509% | $1K | $827K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2121 | −0.146% | $4K | $11K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2123 | −0.042% | $275K | $1.4M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2120 | −0.193% | $1.9M | $9.3M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2120 | −0.193% | $47K | $221 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2122 | −0.113% | $78K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0189% | 1h | 0.2129 | +0.212% | $7K | $347K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0200% | 1h | 0.2122 | −0.118% | $4K | $302 | 10x | as long as short |
| Extended ENA-USD | +0.0232% | 1h | 0.2121 | −0.153% | $1.6M | $4.2M | 50x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0241% | 1h | 0.2123 | −0.070% | $2.7M | $5.3M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0250% / S −0.0434% | 1h | 0.2122 | −0.112% | $38K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2121 | −0.137% | $5.6M | $4.7M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2122 | −0.114% | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.0552% | 1h | 0.2123 | −0.038% | $5.6M | $12.9M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0552% | 1h | 0.2127 | +0.118% | $840K | $1.9M | 50x | as long as short |
| Hyperliquid ENAlong | +0.0754% | 1h | 0.2124 | long leg | $114.4M | $78.4M | 10x | |
| dYdX ENA-USD | +0.1280% | 1h | 0.2124 | +0.002% | $140K | $15K | 5x | as long as short |
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Variational Omni ENA
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Aevo ENA-PERP
Phoenix ENA
01 Exchange ENAUSD
Extended ENA-USD
Kraken Futures PF_ENAUSD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Reya ENARUSDPERP
Lighter ENA
Coinbase International ENA-PERP-INTX
dYdX ENA-USD