ENA

Alert: funding

Alert: spread

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: Polymarket Perps against Reya+0.049%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Polymarket Perps

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Polymarket Perps is 0.049% dearer against Reya than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ENARUSDPERP	0.2126	0.0412	pay 0.0051% / 1h	0m 52s	$1K	$5K	15x
Short	Polymarket Perps ENA-USD	0.2127	0.0100	get 0.0013% / 1h	0m 52s	$179K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$65.49
Price spread: +0.049% → 0.000%: $4.95
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$74.55
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 3 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 Reya no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 3 min ago	1.41 bp	5.4 bp −$5	8.1 bp −$81	doesn't fit	doesn't fit

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	+0.106%	$95K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2126	+0.017%	$97K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0012%	4h	0.2127	+0.068%	$41K	$24K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.110%	$522	$57K	5.5x	as long as short
Backpack ENA_USDC_PERP	+0.0051%	1h	0.2129	+0.158%	$379K	$445K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2125	−0.035%	$63K	$527K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2126	+0.021%	$682K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2129	+0.129%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2126	+0.019%	$411K	$559K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2129	+0.175%	$132.0M	$449.6M	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	+0.158%	$89.4M	$189.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2129	+0.158%	$20.7M	$110.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2127	+0.035%	$15K	$395K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2126	+0.012%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2126	+0.008%	$90K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2128	+0.096%	$10.8M	$21.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2129	+0.167%	$46.5M	$45.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2129	+0.162%	$24.7M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2128	+0.115%	$48.4M	$63.5M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2129	+0.172%	—	$32.6M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2124	−0.065%	$3.9M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2128	+0.100%	$246K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2123	−0.123%	$360K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2128	+0.106%	$34K	$713K	50x	as long as short
Polymarket Perps ENA-USDshort	+0.0100%	1h	0.2127	+0.049%	$179K	$2.4M	10x
SunX ENA-USDT	+0.0100%	4h	0.2076	−2.345%	$1K	$829K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2128	+0.106%	$4K	$11K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2129	+0.158%	$276K	$1.4M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2127	+0.059%	$1.9M	$9.3M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2125	−0.030%	$48K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2127	+0.082%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0189%	1h	0.2129	+0.144%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0208%	1h	0.2127	+0.049%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0240%	1h	0.2130	+0.183%	$2.7M	$5.2M	50x	as long as short
Extended ENA-USD	+0.0240%	1h	0.2129	+0.143%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2126	+0.030%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2127	+0.068%	$5.6M	$4.7M	75x	as long as short
Reya ENARUSDPERPlong	+0.0412%	1h	0.2126	long leg	$1K	$5K	15x
Coinbase International ENA-PERP-INTX	+0.0552%	1h	0.2132	+0.313%	$842K	$1.9M	50x	as long as short
Lighter ENA	+0.0560%	1h	0.2131	+0.247%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0745%	1h	0.2132	+0.280%	$114.9M	$78.4M	10x	as long as short
dYdX ENA-USD	+0.1059%	1h	0.2128	+0.099%	$141K	$15K	5x	as long as short