Funding you earn now, next payment 23:00 UTC−0.1888%/8h= −206.7% APRpaid last 24h −0.689%
Price spread now: BingX against dYdX+0.038%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$530as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4294.295% of the position
Funding, last 7 days−1.000%−$100 on $10k
+Price spread, last 4 days (all we have)−0.301%−$30 · spread now +0.038%, 7d avg −0.012%
=The price spread pays, funding is against you. BingX is 0.050% dearer against dYdX than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.012%): +$5 on $10k if it goes back. Holding the pair costs −$57 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−1.000% in total) that is about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.000% in total (about -52.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ENA-USD | 0.2107 | 0.1988 | pay 0.0248% / 1h | 8m 05s | $139K | $15K | 5x |
| Short | BingX ENA-USDC | 0.2107 | 0.0100 | get 0.0050% / 4h | 1h 08m | — | $6.5M | — |
dYdX ENA-USD
BingX ENA-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$396.45
- Price spread: +0.038% → −0.012%
- $4.98
- Slippage, 4 orders
- −$409.48
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$820.94
- Costs to cover
- 4.295%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 11 min ago; BingX: live order book, 7 min ago.
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 dYdX live order book, 11 min ago | 76.39 bp | 295.2 bp −$295 | 838.6 bp −$8,386 | 1395.7 bp −$139.6K | 1715.3 bp −$857.6K |
| Sell BingX live order book, 7 min ago | 0.71 bp | 11.0 bp −$11 | 32.5 bp −$325 | 80.0 bp −$8,000 | 511.4 bp −$255.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ENA_USDC | −0.0040% | 4h | 0.2107 | +0.014% | $41K | $24K | 10x | as long as short |
| Backpack ENA_USDC_PERP | −0.0013% | 1h | 0.2108 | +0.076% | $372K | $447K | 5x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2108 | +0.061% | $92K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2107 | −0.005% | $101K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.792% | $522 | $57K | 5.5x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0066% | 1h | 0.2109 | +0.107% | $2.7M | $5.5M | 50x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2106 | −0.033% | $62K | $531K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2108 | +0.073% | $47K | $221 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2106 | −0.038% | $662K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2107 | +0.033% | $1.5M | $3.3M | 50x | as long as short |
Orderly PERP_ENA_USDC
Backpack ENA_USDC_PERP
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Kraken Futures PF_ENAUSD
Popdex ENAUSDT
Paradex ENA-USD-PERP
Nado ENA-PERP
Aster ENAUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ENA | +0.0100% | 1h | 0.2108 | +0.061% | $408K | $575K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2107 | +0.038% | $130.1M | $454.9M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2107 | +0.033% | $87.9M | $190.5M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2107 | +0.033% | $20.4M | $111.6M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2099 | −0.385% | $15K | $397K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2108 | +0.061% | $82K | $220K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2099 | −0.353% | $89K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2107 | +0.014% | $10.5M | $21.4M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2107 | +0.038% | $46.7M | $47.1M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2108 | +0.076% | $24.0M | $16.4M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2106 | −0.038% | $47.6M | $64.6M | 75x | as long as short |
| BingX ENA-USDCshort | +0.0100% | 4h | 0.2107 | +0.038% | — | $6.5M | — | |
| Variational Omni ENA | +0.0100% | 4h | 0.2097 | −0.453% | $3.8M | $10.3M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2098 | −0.419% | $249K | $7.7M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2096 | −0.522% | $350K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2096 | −0.508% | $32K | $711K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2106 | −0.019% | $177K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2055 | −2.473% | $1K | $816K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2108 | +0.061% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2109 | +0.114% | $273K | $1.5M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2107 | +0.014% | $2.0M | $9.1M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2108 | +0.040% | $77K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0115% | 1h | 0.2098 | −0.394% | $5K | $356K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0144% | 1h | 0.2107 | +0.033% | $4K | $312 | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0246% / S −0.0426% | 1h | 0.2106 | −0.023% | $38K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2103 | −0.181% | $5.5M | $8.0M | 75x | as long as short |
| Extended ENA-USD | +0.0352% | 1h | 0.2107 | +0.028% | $1.6M | $4.1M | 50x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2105 | −0.078% | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.0552% | 1h | 0.2110 | +0.171% | $5.6M | $12.9M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0576% | 1h | 0.2100 | −0.314% | $827K | $2.1M | 50x | as long as short |
| Hyperliquid ENA | +0.0587% | 1h | 0.2110 | +0.171% | $111.4M | $78.5M | 10x | as long as short |
| dYdX ENA-USDlong | +0.1988% | 1h | 0.2107 | long leg | $139K | $15K | 5x |
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Aevo ENA-PERP
Phoenix ENA
01 Exchange ENAUSD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Extended ENA-USD
Reya ENARUSDPERP
Lighter ENA
Coinbase International ENA-PERP-INTX
Hyperliquid ENA