ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0378%/8h= −41.4% APRnext payment −$0.47 per $10,000 · paid last 24h −0.117%

Price spread now: Injective against Reya−0.856%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Injective is 0.856% cheaper against Reya than usual: you would sell low and buy high (−$86 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ENARUSDPERP	0.2140	0.0411	pay 0.0051% / 1h	15m 03s	$1K	—	15x
Short	Injective ENA/USDC PERP	0.2122	0.0033	get 0.0004% / 1h	15m 03s	$734	$57K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Reya. 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 ReyabpFee InjectivebpOrdersPrice spread, now −0.856%Rate

Funding earned: −$79.41
Price spread: −0.856% → 0.000%: −$85.65
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$171.08
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Injective: 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 Reya no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Reya and Injective: 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
01 Exchange ENAUSD	−0.0104%	1h	0.2142	+0.083%	$4K	$169	10x	as long as short
Orderly PERP_ENA_USDC	−0.0099%	4h	0.2141	+0.045%	$44K	$15K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2143	+0.111%	$76K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2141	+0.056%	$82K	—	150x	as long as short
Injective ENA/USDC PERPshort	+0.0033%	1h	0.2122	−0.856%	$734	$57K	5.5x
Phemex ENAUSDT	+0.0036%	4h	0.2141	+0.036%	$1.9M	$9.0M	50x	as long as short
Bitget ENAUSDT	+0.0062%	4h	0.2139	−0.067%	$48.5M	$60.5M	75x	as long as short
dYdX ENA-USD	+0.0084%	1h	0.2143	+0.112%	$142K	$16K	5x	as long as short
Lighter ENA	+0.0096%	1h	0.2143	+0.148%	$5.0M	$13.1M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2141	+0.036%	$55K	$496K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ENA-USD-PERP	+0.0099%	8h	0.2146	+0.247%	$48K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2141	+0.018%	$566K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2143	+0.150%	$117.2M	$76.5M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2143	+0.144%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2146	+0.270%	$410K	$560K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2141	+0.027%	$129.1M	$426.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2141	+0.031%	$88.8M	$192.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2141	+0.036%	$21.2M	$108.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2142	+0.101%	$39K	$331K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2142	+0.083%	$80K	$258K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2147	+0.327%	$105K	$12K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2142	+0.078%	$13.4M	$28.1M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2142	+0.087%	$42.0M	$43.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2143	+0.134%	$25.2M	$15.9M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2141	+0.045%	—	$31.0M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2142	+0.087%	$414K	$479K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2146	+0.262%	$3.1M	$9.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2143	+0.137%	$253K	$7.2M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2147	+0.327%	$361K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2142	+0.083%	$19K	$643K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2142	+0.083%	$176K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2092	−2.244%	$1K	$925K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2142	+0.083%	$4K	$6K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2147	+0.298%	$266K	$847K	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2141	+0.047%	$1.6M	$4.7M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2142	+0.106%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2147	+0.316%	$14K	$267K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0195%	1h	0.2142	+0.097%	$2.6M	$4.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0308% / S −0.0756%	1h	0.2143	+0.113%	$59K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2142	+0.059%	$5.6M	$3.4M	75x	as long as short
Reya ENARUSDPERPlong	+0.0411%	1h	0.2140	long leg	$1K	—	15x
Coinbase International ENA-PERP-INTX	+0.0544%	1h	0.2147	+0.298%	$797K	$2.0M	50x	as long as short