ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.5194%/8h= +568.7% APRnext payment +$6.49 per $10,000 · paid last 24h +0.648%

Price spread now: dYdX against SoDEX−0.023%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on dYdX

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. dYdX is 0.023% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about under an hour of funding at the current rate (+$156 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ENA-USD	0.2091	0.0100	pay 0.0013% / 1h	9m 15s	$4K	$14K	10x
Short	dYdX ENA-USD	0.2091	0.5294	get 0.0662% / 1h	9m 15s	$138K	$15K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $1,090.69
Price spread: −0.023% → 0.000%: −$2.26
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $1,070.42
Costs to cover: 0.180%
Break-even: 0.1 days

Slippage unknown: SoDEX: no order-book sample; dYdX: live order book, 15 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 SoDEX no order-book sample	—	—	—	—	—
Sell dYdX live order book, 15 min ago	74.05 bp	500.5 bp −$500	727.7 bp −$7,277	808.8 bp −$80.9K	1641.0 bp −$820.5K

SoDEX: 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	−0.0284%	1h	0.2091	0.000%	$361K	$483K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0081%	4h	0.2091	−0.010%	$41K	$23K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2091	−0.005%	$4K	$432	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2092	+0.043%	$93K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2092	+0.048%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.549%	$522	$57K	5.5x	as long as short
Phoenix ENA	+0.0076%	1h	0.2094	+0.167%	$5K	$394K	10x	as long as short
Gate ENA_USDT	+0.0076%	4h	0.2091	+0.014%	$10.4M	$21.8M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2091	0.000%	$59K	$538K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2091	−0.016%	$47K	$221	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2092	+0.033%	$655K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2091	+0.013%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2091	−0.024%	$404K	$592K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2091	+0.010%	$128.9M	$465.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2091	0.000%	$87.1M	$193.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2092	+0.033%	$20.2M	$113.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2089	−0.077%	$19K	$418K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2091	0.000%	$82K	$223K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2087	−0.198%	$88K	$2K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2091	+0.019%	$45.5M	$49.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2092	+0.038%	$23.9M	$16.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2090	−0.033%	$47.3M	$66.0M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2091	+0.019%	—	$32.1M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2085	−0.263%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2087	−0.202%	$248K	$7.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2087	−0.212%	$349K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2088	−0.143%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2093	+0.086%	$182K	$3.0M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2040	−2.434%	$906	$811K	20x	as long as short
SoDEX ENA-USDlong	+0.0100%	1h	0.2091	long leg	$4K	$14K	10x
HTX ENA-USDT	+0.0100%	4h	0.2099	+0.378%	$272K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2090	−0.048%	$1.9M	$9.3M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2091	−0.001%	$77K	$11K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0104%	1h	0.2092	+0.044%	$2.6M	$5.8M	50x	as long as short
Extended ENA-USD	+0.0184%	1h	0.2091	−0.008%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0215% / S −0.0164%	1h	0.2092	+0.050%	$50K	—	100x	as long as short
Lighter ENA	+0.0296%	1h	0.2094	+0.143%	$5.6M	$13.2M	10x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2091	−0.024%	$5.5M	$8.1M	75x	as long as short
Hyperliquid ENA	+0.0352%	1h	0.2094	+0.139%	$110.4M	$80.1M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2092	+0.032%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0536%	1h	0.2090	−0.067%	$800K	$2.1M	50x	as long as short
dYdX ENA-USDshort	+0.5294%	1h	0.2091	−0.023%	$138K	$15K	5x