ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.008%

Price spread now: 01 Exchange against Injective−1.102%7-day average — · you buy dearer than you sell

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

Long on Injective Short on 01 Exchange

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—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 1.102% cheaper against Injective than usual: you would sell low and buy high (−$110 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ENA/USDC PERP	0.2123	0.0033	pay 0.0004% / 1h	11m 13s	$522	$57K	5.5x
Short	01 Exchange ENAUSD	0.2100	0.0008	get 0.0001% / 1h	11m 13s	$4K	$277	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −1.102%Rate

Funding earned: −$5.32
Price spread: −1.102% → 0.000%: −$110.2
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$122.54
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—

Injective and 01 Exchange: 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
Orderly PERP_ENA_USDC	−0.0126%	4h	0.2099	−1.140%	$44K	$26K	10x	as long as short
Backpack ENA_USDC_PERP	−0.0075%	1h	0.2100	−1.097%	$358K	$400K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2099	−1.126%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2100	−1.107%	$81K	—	150x	as long as short
01 Exchange ENAUSDshort	+0.0008%	1h	0.2100	−1.102%	$4K	$277	10x
Injective ENA/USDC PERPlong	+0.0033%	1h	0.2123	long leg	$522	$57K	5.5x
Popdex ENAUSDT	+0.0096%	1h	0.2100	−1.102%	$56K	$465K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2101	−1.052%	$47K	$110	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2100	−1.097%	$1.4M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2101	−1.062%	$400K	$513K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2099	−1.126%	$127.2M	$412.9M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2099	−1.154%	$84.7M	$174.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2100	−1.107%	$20.9M	$102.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2101	−1.045%	$22K	$321K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2102	−1.008%	$78K	$276K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2099	−1.154%	$11.2M	$22.4M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2099	−1.126%	$45.5M	$41.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2100	−1.093%	$24.8M	$15.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2097	−1.239%	$47.6M	$57.5M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2099	−1.144%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2106	−0.830%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2103	−0.982%	$242K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2103	−0.961%	$348K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2103	−0.961%	$20K	$650K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2100	−1.121%	$650K	$1.7M	10x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2101	−1.055%	$189K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2049	−3.504%	$858	$854K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2099	−1.149%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	−0.603%	$273K	$771K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2099	−1.149%	$1.7M	$8.9M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2102	−1.003%	$92K	−$0	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2099	−1.166%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2099	−1.149%	$73K	$4K	3x	as long as short
Hyperliquid ENA	+0.0107%	1h	0.2101	−1.044%	$114.1M	$74.2M	10x	as long as short
Phoenix ENA	+0.0113%	1h	0.2104	−0.904%	$8K	$274K	10x	as long as short
Lighter ENA	+0.0160%	1h	0.2102	−1.031%	$5.2M	$13.3M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0174%	1h	0.2100	−1.087%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2100	−1.106%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2100	−1.102%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2099	−1.137%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2109	−0.683%	$863K	$1.7M	50x	as long as short
dYdX ENA-USD	+0.1104%	1h	0.2100	−1.122%	$139K	$15K	5x	as long as short