ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.124%

Price spread now: SoDEX against Lighter−0.152%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.152% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ENA	0.2112	0.0104	pay 0.0013% / 1h	52m 10s	$5.2M	$13.2M	10x
Short	SoDEX ENA-USD	0.2109	0.0100	get 0.0013% / 1h	52m 10s	$4K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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 LighterbpFee SoDEXbpOrdersPrice spread, now −0.152%Rate

Funding earned: −$0.84
Price spread: −0.152% → 0.000%: −$15.15
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$23.99
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 6 min ago; SoDEX: 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 Lighter live order book, 6 min ago	0.94 bp	1.9 bp −$2	7.5 bp −$75	302.7 bp −$30.3K	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Backpack ENA_USDC_PERP	−0.0190%	1h	0.2110	−0.104%	$361K	$401K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0085%	4h	0.2108	−0.180%	$44K	$25K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	−0.0034%	1h	0.2109	−0.147%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2111	−0.057%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.530%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0054%	1h	0.2114	+0.065%	$140K	$15K	5x	as long as short
01 Exchange ENAUSD	+0.0064%	1h	0.2113	+0.052%	$4K	$302	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2112	−0.009%	$56K	$464K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2113	+0.023%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2112	−0.002%	$656K	$1.7M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2111	−0.058%	$1.5M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2115	+0.129%	$403K	$511K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2108	−0.177%	$128.2M	$415.5M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2108	−0.180%	$85.2M	$175.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2110	−0.104%	$21.0M	$103.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2114	+0.104%	$20K	$325K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2114	+0.085%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2115	+0.149%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2109	−0.152%	$11.1M	$22.1M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2109	−0.152%	$46.0M	$40.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2110	−0.085%	$24.9M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2108	−0.213%	$48.0M	$57.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2109	−0.142%	—	$32.1M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2108	−0.209%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2109	−0.135%	$243K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2111	−0.069%	$352K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2112	−0.009%	$20K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2114	+0.066%	$178K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2062	−2.386%	$1K	$852K	20x	as long as short
SoDEX ENA-USDshort	+0.0100%	1h	0.2109	−0.152%	$4K	$7K	10x
HTX ENA-USDT	+0.0100%	4h	0.2117	+0.208%	$274K	$793K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2109	−0.152%	$1.7M	$8.9M	50x	as long as short
Lighter ENAlong	+0.0104%	1h	0.2112	long leg	$5.2M	$13.2M	10x
Extended ENA-USD	+0.0104%	1h	0.2108	−0.217%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2109	−0.150%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2109	−0.142%	$8K	$274K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0173%	1h	0.2110	−0.095%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2111	−0.065%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2114	+0.099%	$5.6M	$3.0M	75x	as long as short
Hyperliquid ENA	+0.0359%	1h	0.2112	−0.009%	$115.1M	$74.0M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2111	−0.047%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2116	+0.194%	$865K	$1.7M	50x	as long as short