ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.061%

Price spread now: 01 Exchange against Polymarket Perps−0.128%53s7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.128% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 12 days of funding at the current rate (+$1 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ENA-USD	0.2117	0.0100	pay 0.0013% / 1h	54m 40s	$178K	$2.6M	10x
Short	01 Exchange ENAUSD	0.2114	0.0136	get 0.0017% / 1h	54m 40s	$4K	$312	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.128%Rate

Funding earned: $7.56
Price spread: −0.128% → 0.000%: −$12.75
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$20.19
Costs to cover: 0.150%
Break-even: 25.7 days

Slippage unknown: Polymarket Perps: live order book, 4 min ago; 01 Exchange: 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, 4 min ago	2.36 bp	7.3 bp −$7	9.0 bp −$90	12338.0 bp −$1.23M	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0071%	1h	0.2117	−0.014%	$374K	$447K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0035%	4h	0.2116	−0.052%	$41K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2117	−0.019%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2117	−0.026%	$105K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.293%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2113	−0.198%	$63K	$529K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2113	−0.191%	$679K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2114	−0.140%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2114	−0.172%	$409K	$573K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2114	−0.175%	$130.6M	$455.0M	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	0.2113	−0.203%	$88.7M	$190.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2114	−0.170%	$20.5M	$111.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2118	+0.033%	$16K	$400K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2114	−0.151%	$83K	$221K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2122	+0.208%	$89K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2113	−0.194%	$10.8M	$21.1M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2113	−0.189%	$46.4M	$45.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2115	−0.099%	$24.4M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2111	−0.274%	$47.9M	$64.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2113	−0.213%	—	$32.7M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2119	+0.064%	$3.9M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2122	+0.226%	$251K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2123	+0.257%	$352K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2123	+0.274%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USDlong	+0.0100%	1h	0.2117	long leg	$178K	$2.6M	10x
SunX ENA-USDT	+0.0100%	4h	0.2066	−2.418%	$1K	$820K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2116	−0.057%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2118	+0.033%	$275K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2116	−0.057%	$2.0M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2112	−0.253%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2117	−0.020%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2120	+0.151%	$5K	$347K	10x	as long as short
01 Exchange ENAUSDshort	+0.0136%	1h	0.2114	−0.128%	$4K	$312	10x
Kraken Futures PF_ENAUSD	+0.0241%	1h	0.2117	−0.026%	$2.7M	$5.5M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2116	−0.039%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2117	−0.024%	$5.6M	$8.1M	75x	as long as short
Extended ENA-USD	+0.0352%	1h	0.2113	−0.205%	$1.6M	$4.2M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2116	−0.049%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0487%	1h	0.2118	+0.028%	$112.0M	$77.8M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0552%	1h	0.2125	+0.364%	$839K	$2.1M	50x	as long as short
Lighter ENA	+0.0560%	1h	0.2115	−0.085%	$5.7M	$12.8M	10x	as long as short
dYdX ENA-USD	+0.1725%	1h	0.2116	−0.054%	$140K	$15K	5x	as long as short