ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0433%/8h= +47.4% APRnext payment +$0.54 per $10,000 · paid last 24h +0.146%

Price spread now: Hyperliquid against 01 Exchange−0.188%49s7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Hyperliquid

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 airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Hyperliquid is 0.188% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.188% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 35 hours of funding at the current rate (+$13 a day). The two prices were read 49 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	01 Exchange ENAUSD	0.2122	0.0016	pay 0.0002% / 1h	56m 51s	$4K	$302	10x
Short	Hyperliquid ENA	0.2119	0.0449	get 0.0056% / 1h	56m 51s	$114.1M	$74.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against 01 Exchange. 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 01 ExchangebpFee HyperliquidbpOrdersPrice spread, now −0.188%Rate

Funding earned: $90.94
Price spread: −0.188% → 0.000%: −$18.85
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $56.09
Costs to cover: 0.160%
Break-even: 2.7 days

Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 7 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 7 min ago	0.23 bp	10.4 bp −$10	doesn't fit	doesn't fit	doesn't fit

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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2119	−0.146%	$79K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2122	−0.036%	$91K	—	150x	as long as short
01 Exchange ENAUSDlong	+0.0016%	1h	0.2122	long leg	$4K	$302	10x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.042%	$522	$57K	5.5x	as long as short
Orderly PERP_ENA_USDC	+0.0034%	4h	0.2118	−0.198%	$41K	$23K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2124	+0.071%	$52K	$527K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2124	+0.072%	$700K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2118	−0.197%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2126	+0.151%	$418K	$548K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2116	−0.302%	$131.9M	$443.2M	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	0.2114	−0.391%	$86.7M	$186.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2115	−0.344%	$21.0M	$108.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2129	+0.297%	$17K	$409K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2126	+0.165%	$105K	$242K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2127	+0.228%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2116	−0.297%	$10.7M	$20.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2117	−0.245%	$44.7M	$43.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2119	−0.188%	$24.4M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2113	−0.433%	$47.9M	$61.2M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2116	−0.287%	—	$32.7M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2118	−0.226%	$369K	$381K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2125	+0.117%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2126	+0.166%	$246K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2128	+0.259%	$358K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2127	+0.212%	$32K	$688K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2124	+0.085%	$176K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2067	−2.605%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2119	−0.165%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2129	+0.283%	$275K	$1.1M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2120	−0.118%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2126	+0.154%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2119	−0.180%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2128	+0.240%	$7K	$351K	10x	as long as short
dYdX ENA-USD	+0.0179%	1h	0.2127	+0.200%	$140K	$15K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2121	−0.051%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0252%	1h	0.2120	−0.106%	$2.7M	$5.0M	50x	as long as short
Lighter ENA	+0.0264%	1h	0.2118	−0.207%	$5.6M	$13.4M	10x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2119	−0.165%	$5.7M	$2.0M	75x	as long as short
Extended ENA-USD	+0.0352%	1h	0.2116	−0.297%	$1.6M	$4.1M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2122	−0.028%	$1K	$5K	15x	as long as short
Hyperliquid ENAshort	+0.0449%	1h	0.2119	−0.188%	$114.1M	$74.8M	10x
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2128	+0.264%	$836K	$1.7M	50x	as long as short