ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.100%

Price spread now: Orderly against Aster−0.179%49s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.179% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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	Aster ENAUSDT	0.2128	0.0100	pay 0.0050% / 4h	2h 02m	$1.5M	$3.3M	50x
Short	Orderly PERP_ENA_USDC	0.2124	0.0034	get 0.0017% / 4h	2h 02m	$44K	$27K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now −0.179%Rate

Funding earned: −$13.94
Price spread: −0.179% → 0.000%: −$17.86
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$45.79
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 6 min ago; Orderly: 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 Aster live order book, 6 min ago	2.13 bp	8.0 bp −$8	23.1 bp −$231	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 41 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	0.2125	−0.122%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2124	−0.165%	$87K	—	150x	as long as short
dYdX ENA-USD	+0.0011%	1h	0.2127	−0.065%	$140K	$15K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.216%	$522	$57K	5.5x	as long as short
Orderly PERP_ENA_USDCshort	+0.0034%	4h	0.2124	−0.179%	$44K	$27K	10x
Popdex ENAUSDT	+0.0096%	1h	0.2130	+0.094%	$54K	$507K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2130	+0.080%	$684K	$1.7M	10x	as long as short
Aster ENAUSDTlong	+0.0100%	4h	0.2128	long leg	$1.5M	$3.3M	50x
Pacifica ENA	+0.0100%	1h	0.2127	−0.025%	$416K	$530K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2130	+0.079%	$131.0M	$431.1M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ENAUSDT	+0.0100%	4h	0.2131	+0.132%	$87.2M	$180.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2130	+0.117%	$21.0M	$105.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2116	−0.569%	$19K	$382K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2128	0.000%	$79K	$289K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2109	−0.869%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2128	−0.014%	$11.1M	$22.0M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2127	−0.023%	$45.2M	$44.6M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2129	+0.056%	$24.7M	$16.0M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2129	+0.052%	$48.5M	$59.0M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2127	−0.028%	—	$32.4M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2128	−0.014%	$383K	$370K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2114	−0.649%	$3.8M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2106	−1.037%	$246K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2112	−0.751%	$359K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2106	−1.034%	$32K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2131	+0.132%	$184K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2075	−2.486%	$984	$846K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2125	−0.141%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2127	−0.047%	$277K	$804K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2125	−0.141%	$1.9M	$9.0M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2128	−0.008%	$48K	$110	10x	as long as short
01 Exchange ENAUSD	+0.0104%	1h	0.2129	+0.038%	$4K	$302	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2126	−0.111%	$74K	$4K	3x	as long as short
Extended ENA-USD	+0.0168%	1h	0.2127	−0.032%	$1.6M	$4.1M	50x	as long as short
Phoenix ENA	+0.0188%	1h	0.2116	−0.545%	$7K	$351K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0251%	1h	0.2127	−0.038%	$2.7M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2124	−0.184%	$50K	—	100x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2130	+0.113%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0440%	1h	0.2131	+0.122%	$5.5M	$13.8M	10x	as long as short
Hyperliquid ENA	+0.0468%	1h	0.2133	+0.249%	$114.7M	$71.5M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2128	+0.014%	$835K	$1.6M	50x	as long as short