ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Popdex against Nado−0.077%57s7-day average −0.026% · 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—prices read too far apart to compare

costs, in and out, $10k−$420.416% of the position

Long on Nado Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−1.336%−$134 · spread now −0.077%, 7d avg −0.026%

Together, before fees−1.360%+ Points / potential airdropNado: Active · farm board−$136 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: Popdex is 0.052% cheaper against Nado than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 57 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	Nado ENA-PERP	0.2130	0.0100	pay 0.0012% / 1h	22m 32s	$687K	$1.8M	10x
Short	Popdex ENAUSDT	0.2128	0.0096	get 0.0012% / 1h	22m 32s	$55K	$519K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$0.84
Price spread: −0.077% → −0.026%: −$5.2
Slippage, 4 orders: −$28.21
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$47.65
Costs to cover: 0.416%
Break-even: never at this rate

Slippage from Nado: live order book, 1 min ago; Popdex: live order book, 46 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, 1 min ago	2.35 bp	8.3 bp −$8	18.3 bp −$183	doesn't fit	doesn't fit
Sell Popdex live order book, 46 min ago	2.54 bp	16.2 bp −$16	95.2 bp −$952	doesn't fit	doesn't fit

ENA on 41 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	0.2128	−0.059%	$79K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2129	−0.046%	$91K	—	150x	as long as short
dYdX ENA-USD	+0.0014%	1h	0.2131	+0.056%	$141K	$15K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.293%	$522	$57K	5.5x	as long as short
Orderly PERP_ENA_USDC	+0.0037%	4h	0.2128	−0.073%	$44K	$28K	10x	as long as short
01 Exchange ENAUSD	+0.0096%	1h	0.2129	−0.035%	$4K	$302	10x	as long as short
Popdex ENAUSDTshort	+0.0096%	1h	0.2128	−0.077%	$55K	$519K	50x
Nado ENA-PERPlong	+0.0100%	1h	0.2130	long leg	$687K	$1.8M	10x
Aster ENAUSDT	+0.0100%	4h	0.2130	+0.032%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2131	+0.054%	$417K	$544K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2129	−0.032%	$131.7M	$443.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2129	−0.012%	$87.3M	$187.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2130	+0.007%	$20.9M	$107.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2135	+0.265%	$19K	$413K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2130	+0.016%	$79K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2135	+0.228%	$94K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2130	+0.012%	$11.0M	$21.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2131	+0.045%	$45.3M	$44.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2131	+0.049%	$24.7M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2127	−0.106%	$48.4M	$60.9M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2129	−0.035%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2130	+0.031%	$381K	$391K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2134	+0.185%	$3.8M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2145	+0.699%	$247K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2132	+0.118%	$354K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2132	+0.110%	$32K	$656K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2130	+0.007%	$183K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2082	−2.256%	$1K	$854K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2129	−0.031%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2135	+0.242%	$275K	$871K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2131	+0.063%	$1.9M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2129	−0.026%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2129	−0.054%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0188%	1h	0.2138	+0.378%	$7K	$351K	10x	as long as short
Extended ENA-USD	+0.0240%	1h	0.2128	−0.081%	$1.6M	$4.1M	50x	as long as short
Kraken Futures PF_ENAUSD	+0.0250%	1h	0.2130	+0.031%	$2.7M	$4.5M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2129	−0.040%	$51K	—	100x	as long as short
Lighter ENA	+0.0368%	1h	0.2132	+0.106%	$5.5M	$13.7M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2129	−0.042%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0508%	1h	0.2132	+0.096%	$115.2M	$72.5M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2142	+0.561%	$839K	$1.7M	50x	as long as short