ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0378%/8h= +41.4% APRnext payment +$0.47 per $10,000 · paid last 24h +0.117%

Price spread now: Reya against Injective+1.140%52s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Reya is 1.140% dearer against Injective than usual: you sell high and buy low: +$114 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ENA/USDC PERP	0.2122	0.0033	pay 0.0004% / 1h	18m 11s	$734	$57K	5.5x
Short	Reya ENARUSDPERP	0.2146	0.0411	get 0.0051% / 1h	18m 11s	$1K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Injective. 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 InjectivebpFee ReyabpOrdersPrice spread, now +1.140%Rate

Funding earned: $79.41
Price spread: +1.140% → 0.000%: $114.03
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: $187.42
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Reya: 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 Injective no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Injective and Reya: 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
Phemex ENAUSDT	−0.0168%	4h	0.2147	+1.183%	$1.9M	$9.0M	50x	as long as short
01 Exchange ENAUSD	−0.0112%	1h	0.2148	+1.211%	$4K	$169	10x	as long as short
Orderly PERP_ENA_USDC	−0.0101%	4h	0.2148	+1.235%	$45K	$15K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2149	+1.291%	$76K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2148	+1.212%	$83K	—	150x	as long as short
Injective ENA/USDC PERPlong	+0.0033%	1h	0.2122	long leg	$734	$57K	5.5x
Bitget ENAUSDT	+0.0068%	4h	0.2147	+1.206%	$48.7M	$60.6M	75x	as long as short
dYdX ENA-USD	+0.0090%	1h	0.2148	+1.216%	$142K	$16K	5x	as long as short
Lighter ENA	+0.0096%	1h	0.2151	+1.362%	$5.0M	$13.0M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2146	+1.136%	$55K	$496K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ENA-USD-PERP	+0.0099%	8h	0.2146	+1.155%	$48K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2148	+1.235%	$568K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2152	+1.395%	$117.4M	$76.4M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2151	+1.359%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2147	+1.198%	$411K	$560K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2149	+1.283%	$129.6M	$427.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2149	+1.272%	$89.1M	$192.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2149	+1.296%	$21.3M	$108.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2140	+0.867%	$39K	$330K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2147	+1.183%	$80K	$284K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2147	+1.194%	$105K	$12K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2149	+1.291%	$13.4M	$28.0M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2149	+1.287%	$42.4M	$43.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2151	+1.357%	$25.3M	$15.9M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2149	+1.282%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2150	+1.334%	$416K	$479K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2144	+1.020%	$3.1M	$9.7M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2141	+0.897%	$250K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2144	+1.041%	$360K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2143	+0.994%	$19K	$645K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2148	+1.211%	$177K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2098	−1.122%	$1K	$926K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2149	+1.277%	$4K	$6K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2153	+1.485%	$268K	$845K	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2148	+1.231%	$1.6M	$4.7M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2148	+1.207%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2139	+0.796%	$13K	$267K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0194%	1h	0.2149	+1.258%	$2.6M	$4.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0308% / S −0.0756%	1h	0.2148	+1.216%	$59K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2148	+1.211%	$5.6M	$3.5M	75x	as long as short
Reya ENARUSDPERPshort	+0.0411%	1h	0.2146	+1.140%	$1K	—	15x
Coinbase International ENA-PERP-INTX	+0.0544%	1h	0.2149	+1.291%	$799K	$2.0M	50x	as long as short