Funding you earn now, next payment 00:00 UTC+0.0312%/8h= +34.1% APRnext payment +$0.39 per $10,000 · paid last 24h +0.092%
Price spread now: Reya against Polymarket Perps−0.049%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.049% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ENA-USD | 0.2127 | 0.0100 | pay 0.0013% / 1h | 0m 51s | $179K | $2.4M | 10x |
| Short | Reya ENARUSDPERP | 0.2126 | 0.0412 | get 0.0051% / 1h | 0m 51s | $1K | $5K | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Polymarket 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
- $65.49
- Price spread: −0.049% → 0.000%
- −$4.94
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $46.55
- Costs to cover
- 0.140%
- Break-even
- 2.0 days
Slippage unknown: Polymarket Perps: live order book, 3 min ago; Reya: no order-book sample. 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 Polymarket Perps live order book, 3 min ago | 1.41 bp | 6.8 bp −$7 | 7.4 bp −$74 | 11256.0 bp −$1.13M | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | 0.2128 | +0.056% | $95K | $1.7M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2126 | −0.032% | $97K | — | 150x | as long as short |
| Orderly PERP_ENA_USDC | +0.0012% | 4h | 0.2127 | +0.019% | $41K | $24K | 10x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −0.160% | $522 | $57K | 5.5x | as long as short |
| Backpack ENA_USDC_PERP | +0.0051% | 1h | 0.2129 | +0.108% | $379K | $445K | 5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2125 | −0.085% | $63K | $527K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2126 | −0.028% | $682K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2129 | +0.099% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2126 | −0.031% | $411K | $559K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2129 | +0.096% | $132.0M | $449.5M | 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 | 0.2129 | +0.089% | $89.4M | $189.0M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2130 | +0.127% | $20.7M | $110.9M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2127 | −0.014% | $15K | $395K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2126 | −0.038% | $84K | $222K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2126 | −0.041% | $90K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2129 | +0.080% | $10.8M | $21.7M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2129 | +0.118% | $46.5M | $45.7M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2129 | +0.113% | $24.7M | $16.4M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2128 | +0.061% | $48.4M | $63.5M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2130 | +0.155% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2124 | −0.115% | $3.9M | $10.2M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2128 | +0.051% | $246K | $7.6M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2123 | −0.173% | $360K | $4.7M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2128 | +0.056% | $34K | $713K | 50x | as long as short |
| Polymarket Perps ENA-USDlong | +0.0100% | 1h | 0.2127 | long leg | $179K | $2.4M | 10x | |
| SunX ENA-USDT | +0.0100% | 4h | 0.2076 | −2.393% | $1K | $829K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2128 | +0.056% | $4K | $11K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2129 | +0.108% | $276K | $1.4M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2127 | +0.009% | $1.9M | $9.3M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2125 | −0.080% | $48K | $221 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2127 | +0.033% | $78K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0189% | 1h | 0.2129 | +0.094% | $7K | $347K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0208% | 1h | 0.2127 | 0.000% | $4K | $302 | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0240% | 1h | 0.2130 | +0.133% | $2.7M | $5.2M | 50x | as long as short |
| Extended ENA-USD | +0.0240% | 1h | 0.2129 | +0.093% | $1.6M | $4.2M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0250% / S −0.0434% | 1h | 0.2126 | −0.020% | $38K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2127 | +0.019% | $5.6M | $4.7M | 75x | as long as short |
| Reya ENARUSDPERPshort | +0.0412% | 1h | 0.2126 | −0.049% | $1K | $5K | 15x | |
| Coinbase International ENA-PERP-INTX | +0.0552% | 1h | 0.2132 | +0.263% | $842K | $1.9M | 50x | as long as short |
| Lighter ENA | +0.0568% | 1h | 0.2132 | +0.235% | $5.6M | $12.9M | 10x | as long as short |
| Hyperliquid ENA | +0.0745% | 1h | 0.2133 | +0.296% | $115.0M | $78.4M | 10x | as long as short |
| dYdX ENA-USD | +0.1059% | 1h | 0.2128 | +0.049% | $141K | $15K | 5x | as long as short |
Polymarket Perps ENA-USD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Backpack 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-USDC
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Phoenix ENA
01 Exchange ENAUSD
Kraken Futures PF_ENAUSD
Extended ENA-USD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Coinbase International ENA-PERP-INTX
Lighter ENA
Hyperliquid ENA