Funding you earn now, next payment 22:00 UTC+0.6739%/8h= +738.0% APRnext payment +$8.42 per $10,000 · paid last 24h +0.648%
Price spread now: dYdX against Ondo Perps−0.251%7-day average −0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.947%+$95 on $10k
+Price spread, last 4 days (all we have)+0.714%+$71 · spread now −0.251%, 7d avg −0.054%
=Together, before fees+1.661%+ Points / potential airdropOndo Perps: Active · farm board+$166 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.197% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.251% now, against its 7-day average of −0.054%). If the spread goes back, that is −$20 on $10k: about 2 hours of funding at the current rate (+$202 a day). At the pace of the last 7 days (+0.947% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.947% in total (about 49.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ENA-USD.P | 0.2113 | 0.0100 | pay 0.0013% / 1h | 22m 55s | $19K | $432K | 5x |
| Short | dYdX ENA-USD | 0.2108 | 0.6839 | get 0.0855% / 1h | 22m 55s | $139K | $15K | 5x |
Ondo Perps ENA-USD.P
dYdX ENA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1,415.25
- Price spread: −0.251% → −0.054%
- −$19.69
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $1,380.55
- Costs to cover
- 0.150%
- Break-even
- 0.2 days
Slippage unknown: Ondo Perps: no order-book sample; dYdX: live order book, 1 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 1 min ago | 74.05 bp | 500.5 bp −$500 | 727.7 bp −$7,277 | 808.8 bp −$80.9K | 1641.0 bp −$820.5K |
Ondo Perps: 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 | −0.0263% | 1h | 0.2110 | −0.128% | $363K | $484K | 5x | as long as short |
| Orderly PERP_ENA_USDC | −0.0082% | 4h | 0.2109 | −0.175% | $41K | $23K | 10x | as long as short |
| 01 Exchange ENAUSD | −0.0016% | 1h | 0.2109 | −0.175% | $4K | $432 | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2110 | −0.123% | $93K | $1.9M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2111 | −0.083% | $97K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.502% | $522 | $57K | 5.5x | as long as short |
| Gate ENA_USDT | +0.0042% | 4h | 0.2108 | −0.208% | $10.5M | $21.7M | 50x | as long as short |
| Phoenix ENA | +0.0076% | 1h | 0.2110 | −0.109% | $5K | $394K | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2110 | −0.133% | $60K | $540K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2107 | −0.276% | $47K | $221 | 10x | as long as short |
Backpack ENA_USDC_PERP
Orderly PERP_ENA_USDC
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Gate ENA_USDT
Phoenix ENA
Popdex ENAUSDT
Paradex ENA-USD-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ENA-PERP | +0.0100% | 1h | 0.2112 | −0.027% | $663K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2110 | −0.136% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2108 | −0.225% | $407K | $595K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2109 | −0.204% | $130.0M | $466.7M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2109 | −0.204% | $88.1M | $193.8M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2109 | −0.170% | $20.4M | $114.6M | 50x | as long as short |
| Ondo Perps ENA-USD.Plong | +0.0100% | 1h | 0.2113 | long leg | $19K | $432K | 5x | |
| Arcus ENA-USD | +0.0100% | 1h | 0.2108 | −0.227% | $82K | $223K | 10x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2108 | −0.218% | $45.8M | $49.1M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2110 | −0.128% | $24.4M | $16.5M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2107 | −0.275% | $47.7M | $66.5M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2109 | −0.204% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2111 | −0.074% | $3.6M | $10.1M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2109 | −0.198% | $251K | $8.0M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2110 | −0.129% | $360K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2110 | −0.133% | $33K | $711K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2113 | +0.024% | $184K | $3.0M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2056 | −2.693% | $1K | $808K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2109 | −0.180% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2114 | +0.057% | $274K | $1.6M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2108 | −0.227% | $1.9M | $9.3M | 50x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2100 | −0.586% | $89K | $2K | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0103% | 1h | 0.2110 | −0.148% | $2.7M | $5.8M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2110 | −0.154% | $78K | $11K | 3x | as long as short |
| Extended ENA-USD | +0.0112% | 1h | 0.2108 | −0.227% | $1.6M | $4.2M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0214% / S −0.0162% | 1h | 0.2112 | −0.036% | $50K | — | 100x | as long as short |
| Lighter ENA | +0.0328% | 1h | 0.2112 | −0.052% | $5.7M | $13.2M | 10x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2108 | −0.218% | $5.5M | $8.2M | 75x | as long as short |
| Hyperliquid ENA | +0.0345% | 1h | 0.2112 | −0.028% | $111.5M | $80.6M | 10x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2113 | −0.013% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0536% | 1h | 0.2113 | +0.009% | $807K | $2.2M | 50x | as long as short |
| dYdX ENA-USDshort | +0.6839% | 1h | 0.2108 | −0.251% | $139K | $15K | 5x |
Nado ENA-PERP
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Arcus ENA-USD
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDC
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Bulk ENA-USD
Kraken Futures PF_ENAUSD
Aevo ENA-PERP
Extended ENA-USD
GMX ENA/USD [ETH-USDC]
Lighter ENA
BloFin ENA-USDT
Hyperliquid ENA
Reya ENARUSDPERP
Coinbase International ENA-PERP-INTX