ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.057%

Price spread now: edgeX against Orderly−0.898%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.898% cheaper against Orderly than usual: you would sell low and buy high (spread −0.898% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$90 on $10k: about 15 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ENA_USDC	0.2139	−0.0104	get 0.0052% / 4h	3h 22m	$44K	$15K	10x
Short	edgeX ENAUSDC	0.2120	0.0100	get 0.0050% / 4h	3h 22m	$248K	$7.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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 OrderlybpFee edgeXbpOrdersPrice spread, now −0.898%Rate

Funding earned: $42.76
Price spread: −0.898% → 0.000%: −$89.8
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$62.04
Costs to cover: 0.150%
Break-even: 17.2 days

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 2 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 Orderly no order-book sample	—	—	—	—	—
Sell edgeX live order book, 2 min ago	7.03 bp	11.5 bp −$12	13.0 bp −$130	43.7 bp −$4,374	doesn't fit

Orderly: 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
Phemex ENAUSDT	−0.0232%	4h	0.2136	−0.150%	$1.8M	$8.9M	50x	as long as short
01 Exchange ENAUSD	−0.0120%	1h	0.2142	+0.112%	$4K	$169	10x	as long as short
Orderly PERP_ENA_USDClong	−0.0104%	4h	0.2139	long leg	$44K	$15K	10x
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2141	+0.089%	$76K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2139	+0.012%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	−0.809%	$734	$57K	5.5x	as long as short
Bitget ENAUSDT	+0.0076%	4h	0.2139	−0.005%	$48.5M	$61.0M	75x	as long as short
Lighter ENA	+0.0096%	1h	0.2143	+0.164%	$5.0M	$13.0M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2141	+0.084%	$55K	$497K	50x	as long as short
Paradex ENA-USD-PERP	+0.0099%	8h	0.2141	+0.074%	$48K	$110	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ENA-USD	+0.0099%	1h	0.2142	+0.114%	$142K	$16K	5x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2141	+0.105%	$566K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2143	+0.164%	$116.5M	$76.1M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2141	+0.106%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2140	+0.056%	$411K	$562K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2142	+0.108%	$129.2M	$430.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2141	+0.103%	$89.1M	$194.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2142	+0.150%	$21.2M	$109.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2120	−0.884%	$38K	$327K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2141	+0.084%	$78K	$283K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2113	−1.246%	$92K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2141	+0.098%	$13.4M	$27.9M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2140	+0.056%	$41.7M	$43.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2142	+0.145%	$25.2M	$16.0M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2140	+0.037%	—	$31.0M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2139	−0.019%	$414K	$479K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2114	−1.158%	$3.0M	$9.8M	—	as long as short
edgeX ENAUSDCshort	+0.0100%	4h	0.2120	−0.898%	$248K	$7.1M	20x
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2120	−0.898%	$356K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2117	−1.038%	$19K	$645K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2142	+0.131%	$176K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2087	−2.435%	$1K	$930K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2139	−0.009%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2146	+0.304%	$267K	$843K	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2140	+0.060%	$1.6M	$4.7M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2139	+0.001%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2119	−0.944%	$13K	$267K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0195%	1h	0.2140	+0.039%	$2.6M	$4.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0308% / S −0.0756%	1h	0.2138	−0.047%	$59K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2138	−0.061%	$5.6M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2140	+0.052%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0544%	1h	0.2118	−0.977%	$786K	$2.0M	50x	as long as short