Funding you earn now, next payment 01:00 UTC+0.0228%/8h= +25.0% APRnext payment +$0.29 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against Ondo Perps+0.182%7-day average −0.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.182%, 7d avg −0.086%
=Together, before fees−0.121%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.268% dearer against Ondo Perps than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.086%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.047% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.29 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 | 0.2156 | 0.0100 | pay 0.0013% / 1h | 13m 48s | $16K | $413K | 5x |
| Short | Extended ENA-USD | 0.2160 | 0.0328 | get 0.0041% / 1h | 13m 48s | $1.6M | $4.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $47.88
- Price spread: +0.182% → −0.086%
- $26.81
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $64.69
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago | 0.46 bp | 5.5 bp −$6 | 10.1 bp −$101 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2166 | +0.482% | $81K | $1.7M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0004% | 1h | 0.2166 | +0.456% | $104K | — | 150x | as long as short |
| Orderly PERP_ENA_USDC | +0.0032% | 4h | 0.2165 | +0.436% | $42K | $23K | 10x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −1.498% | $522 | $57K | 5.5x | as long as short |
| dYdX ENA-USD | +0.0065% | 1h | 0.2162 | +0.281% | $143K | $15K | 5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2164 | +0.385% | $63K | $517K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2163 | +0.353% | $716K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2164 | +0.372% | $1.6M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2161 | +0.237% | $426K | $553K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2160 | +0.216% | $134.7M | $442.9M | 75x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ENAUSDT | +0.0100% | 4h | 0.2160 | +0.223% | $89.0M | $186.9M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2160 | +0.195% | $21.2M | $110.6M | 50x | as long as short |
| Ondo Perps ENA-USD.Plong | +0.0100% | 1h | 0.2156 | long leg | $16K | $413K | 5x | |
| Arcus ENA-USD | +0.0100% | 1h | 0.2161 | +0.246% | $107K | $242K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2150 | −0.260% | $94K | $4K | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2162 | +0.288% | $11.0M | $21.5M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2161 | +0.246% | $46.0M | $44.8M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2162 | +0.288% | $24.9M | $16.5M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2160 | +0.204% | $49.0M | $61.3M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2160 | +0.204% | — | $32.6M | — | as long as short |
| Backpack ENA_USDC_PERP | +0.0100% | 1h | 0.2168 | +0.561% | $384K | $402K | 5x | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2157 | +0.070% | $3.9M | $10.1M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2155 | −0.024% | $250K | $7.6M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2154 | −0.100% | $356K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2154 | −0.079% | $33K | $687K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2165 | +0.422% | $181K | $2.4M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2112 | −2.004% | $1K | $833K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2167 | +0.524% | $4K | $10K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2170 | +0.673% | $282K | $1.1M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2166 | +0.478% | $2.0M | $9.3M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2160 | +0.189% | $48K | $110 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2166 | +0.462% | $76K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0150% | 1h | 0.2153 | −0.139% | $8K | $347K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0176% | 1h | 0.2164 | +0.371% | $4K | $302 | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0230% | 1h | 0.2168 | +0.574% | $2.7M | $5.1M | 50x | as long as short |
| Extended ENA-USDshort | +0.0328% | 1h | 0.2160 | +0.182% | $1.6M | $4.2M | 50x | |
| GMX ENA/USD [ETH-USDC] | L +0.0334% / S −0.0430% | 1h | 0.2166 | +0.473% | $82K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2160 | +0.199% | $5.7M | $2.0M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2164 | +0.397% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0608% | 1h | 0.2168 | +0.594% | $859K | $1.8M | 50x | as long as short |
| Lighter ENA | +0.0720% | 1h | 0.2164 | +0.371% | $5.9M | $13.1M | 10x | as long as short |
| Hyperliquid ENA | +0.0775% | 1h | 0.2165 | +0.413% | $117.7M | $74.7M | 10x | as long as short |
Extended ENA-USD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Popdex ENAUSDT
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Backpack ENA_USDC_PERP
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
Paradex ENA-USD-PERP
Phoenix ENA
01 Exchange ENAUSD
Kraken Futures PF_ENAUSD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Coinbase International ENA-PERP-INTX
Lighter ENA
Hyperliquid ENA