ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0069%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h +0.682%

Price spread now: dYdX against Nado−0.021%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$716as in the Price arb table

costs, in and out, $10k−$7187.178% of the position

Long on Nado Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.931%+$93 on $10k

Price spread, last 3 days (all we have)−0.175%−$18 · spread now −0.021%, 7d avg −0.037%

Together, before fees+0.756%+ Points / potential airdropNado: Active · farm board+$76 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ENA-PERP	0.2167	0.0100	pay 0.0012% / 1h	10m 19s	$716K	$1.8M	10x
Short	dYdX ENA-USD	0.2167	0.0169	get 0.0021% / 1h	10m 19s	$143K	$15K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Nado. 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 NadobpFee dYdXbpOrdersPrice spread, now −0.021%Rate

Funding earned: $14.43
Price spread: −0.021% → −0.037%: $1.66
Slippage, 4 orders: −$700.79
Fee Nado: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$701.71
Costs to cover: 7.178%
Break-even: 347.5 days

Slippage from Nado: live order book, 3 min ago; dYdX: live order book, 64 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 Nado live order book, 3 min ago	0.93 bp	7.8 bp −$8	23.0 bp −$230	doesn't fit	doesn't fit
Sell dYdX live order book, 64 min ago	195.88 bp	352.0 bp −$352	615.6 bp −$6,156	781.5 bp −$78.1K	1519.3 bp −$759.6K

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	0.2167	−0.007%	$81K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0004%	1h	0.2168	+0.017%	$104K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0032%	4h	0.2167	−0.016%	$42K	$23K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−2.023%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2168	+0.035%	$53K	$524K	50x	as long as short
Nado ENA-PERPlong	+0.0100%	1h	0.2167	long leg	$716K	$1.8M	10x
Aster ENAUSDT	+0.0100%	4h	0.2168	+0.040%	$1.6M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2168	+0.030%	$427K	$553K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2168	+0.040%	$135.3M	$442.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2167	+0.002%	$89.2M	$186.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2166	−0.044%	$21.3M	$110.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2159	−0.390%	$16K	$413K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2168	+0.035%	$107K	$242K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2150	−0.792%	$94K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2168	+0.035%	$11.1M	$21.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2169	+0.062%	$45.9M	$44.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2168	+0.048%	$24.9M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2164	−0.155%	$49.0M	$61.2M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2167	+0.012%	—	$32.6M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2159	−0.385%	$383K	$388K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2158	−0.441%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2159	−0.393%	$250K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2161	−0.288%	$366K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2159	−0.381%	$33K	$686K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2168	+0.035%	$181K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2117	−2.309%	$1K	$833K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2165	−0.104%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2170	+0.132%	$281K	$1.1M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2166	−0.058%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2167	+0.002%	$49K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2168	+0.019%	$76K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2162	−0.247%	$8K	$347K	10x	as long as short
dYdX ENA-USDshort	+0.0169%	1h	0.2167	−0.021%	$143K	$15K	5x
01 Exchange ENAUSD	+0.0176%	1h	0.2170	+0.118%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0231%	1h	0.2167	−0.032%	$2.7M	$5.1M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0334% / S −0.0430%	1h	0.2168	+0.024%	$82K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2158	−0.404%	$5.7M	$2.0M	75x	as long as short
Extended ENA-USD	+0.0344%	1h	0.2165	−0.092%	$1.6M	$4.2M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2167	+0.010%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2160	−0.316%	$854K	$1.8M	50x	as long as short
Lighter ENA	+0.0768%	1h	0.2170	+0.113%	$6.0M	$13.1M	10x	as long as short
Hyperliquid ENA	+0.0794%	1h	0.2171	+0.178%	$118.2M	$74.8M	10x	as long as short