ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against Polymarket Perps+0.013%7-day average −0.028% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.001%$0 on $10k

Price spread, last 7 days−0.126%−$13 · spread now +0.013%, 7d avg −0.028%

Together, before fees−0.125%+ Points / potential airdropVariational Omni: Active · farm board−$12 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: Variational Omni is 0.041% dearer against Polymarket Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ENA-USD	0.2088	0.0100	pay 0.0013% / 1h	50m 13s	$187K	$2.8M	10x
Short	Variational Omni ENA	0.2088	0.0100	get 0.0050% / 4h	1h 50m	$3.8M	$10.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 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 Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → −0.028%: $4.08
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$3.92
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 Polymarket Perps live order book, 4 min ago	2.87 bp	7.0 bp −$7	9.6 bp −$96	15524.7 bp −$1.55M	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	7.16 bp	doesn't fit	16.7 bp −$167	59.6 bp −$5,962	doesn't fit

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	−0.0079%	1h	0.2088	−0.005%	$360K	$484K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0077%	4h	0.2086	−0.115%	$40K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2087	−0.067%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2087	−0.064%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.686%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0067%	1h	0.2087	−0.054%	$2.6M	$5.6M	50x	as long as short
01 Exchange ENAUSD	+0.0080%	1h	0.2090	+0.077%	$4K	$432	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2088	−0.010%	$59K	$538K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2089	+0.041%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2088	−0.031%	$654K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2088	−0.031%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2090	+0.089%	$404K	$587K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2087	−0.043%	$128.5M	$462.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2087	−0.062%	$86.8M	$192.7M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2088	−0.019%	$20.1M	$112.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2089	+0.062%	$20K	$412K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2090	+0.086%	$82K	$223K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2090	+0.090%	$88K	$1K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2087	−0.053%	$10.4M	$21.1M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2087	−0.048%	$44.9M	$46.6M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2088	−0.024%	$23.8M	$16.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2085	−0.144%	$47.2M	$65.4M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2087	−0.057%	—	$32.9M	—	as long as short
Variational Omni ENAshort	+0.0100%	4h	0.2088	+0.013%	$3.8M	$10.4M	—
edgeX ENAUSDC	+0.0100%	4h	0.2091	+0.148%	$248K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2096	+0.390%	$353K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2091	+0.134%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USDlong	+0.0100%	1h	0.2088	long leg	$187K	$2.8M	10x
SunX ENA-USDT	+0.0100%	4h	0.2039	−2.332%	$1K	$813K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2087	−0.057%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2093	+0.244%	$271K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2086	−0.105%	$1.9M	$9.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2087	−0.077%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2092	+0.201%	$5K	$356K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0220% / S −0.0361%	1h	0.2087	−0.071%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0224%	1h	0.2086	−0.109%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2089	+0.038%	$5.5M	$8.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2088	−0.017%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0432%	1h	0.2090	+0.072%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0529%	1h	0.2090	+0.086%	$110.0M	$79.7M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2094	+0.292%	$801K	$2.1M	50x	as long as short
dYdX ENA-USD	+0.1814%	1h	0.2089	+0.051%	$138K	$15K	5x	as long as short