ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.085%

Price spread now: Extended against Hyperliquid−0.008%7-day average −0.114% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.202%−$20 on $10k

Price spread, last 7 days−0.042%−$4 · spread now −0.008%, 7d avg −0.114%

Together, before fees−0.244%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.107% dearer against Hyperliquid than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.114%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ENA	0.2105	0.0100	pay 0.0013% / 1h	55m 35s	$112.3M	$72.7M	10x
Short	Extended ENA-USD	0.2105	0.0104	get 0.0013% / 1h	55m 35s	$1.6M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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 HyperliquidbpFee ExtendedbpOrdersPrice spread, now −0.008%Rate

Funding earned: $0.84
Price spread: −0.008% → −0.114%: $10.66
Slippage, 4 orders: −$14.67
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$17.16
Costs to cover: 0.287%
Break-even: 150.0 days

Slippage from Hyperliquid: live order book, 8 min ago; Extended: 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, 8 min ago	0.47 bp	8.8 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	0.24 bp	7.2 bp −$7	13.2 bp −$132	doesn't fit	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
01 Exchange ENAUSD	−0.0120%	1h	0.2105	0.000%	$4K	$302	10x	as long as short
Backpack ENA_USDC_PERP	−0.0055%	1h	0.2114	+0.404%	$373K	$372K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0051%	4h	0.2120	+0.698%	$44K	$25K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2121	+0.750%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2121	+0.719%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.855%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0087%	1h	0.2106	+0.035%	$139K	$15K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2105	−0.019%	$55K	$500K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2105	−0.001%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2121	+0.731%	$666K	$1.6M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ENAlong	+0.0100%	1h	0.2105	long leg	$112.3M	$72.7M	10x
Aster ENAUSDT	+0.0100%	4h	0.2107	+0.060%	$1.5M	$2.9M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2105	0.000%	$410K	$499K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2106	+0.024%	$128.9M	$415.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2106	+0.014%	$86.0M	$175.8M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2106	+0.043%	$20.7M	$102.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2114	+0.404%	$19K	$324K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2105	−0.019%	$78K	$275K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2102	−0.161%	$92K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2105	−0.005%	$11.1M	$21.4M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2106	+0.024%	$45.6M	$41.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2106	+0.043%	$24.6M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2104	−0.076%	$47.8M	$57.2M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2106	+0.024%	—	$32.3M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2119	+0.665%	$3.3M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2108	+0.120%	$243K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2110	+0.218%	$354K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2107	+0.076%	$18K	$651K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2120	+0.698%	$188K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2070	−1.686%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2116	+0.503%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2121	+0.736%	$274K	$798K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2113	+0.361%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USDshort	+0.0104%	1h	0.2105	−0.008%	$1.6M	$4.1M	50x
Aevo ENA-PERP	+0.0104%	1h	0.2119	+0.637%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2110	+0.233%	$8K	$266K	10x	as long as short
Lighter ENA	+0.0176%	1h	0.2105	−0.005%	$5.2M	$13.3M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0242%	1h	0.2117	+0.562%	$2.7M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0253% / S −0.0213%	1h	0.2120	+0.706%	$51K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2105	+0.005%	$5.6M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2118	+0.593%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0632%	1h	0.2121	+0.755%	$864K	$1.5M	50x	as long as short