ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1646%/8h= −180.3% APRnext payment −$2.06 per $10,000 · paid last 24h −0.692%

Price spread now: Nado against dYdX+0.052%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$416as in the Price arb table

costs, in and out, $10k−$4174.174% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.919%−$92 on $10k

Price spread, last 3 days (all we have)+0.182%+$18 · spread now +0.052%, 7d avg +0.039%

Together, before fees−0.737%+ Points / potential airdropNado: Active · farm board−$74 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$49 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ENA-USD	0.2125	0.1746	pay 0.0218% / 1h	43m 57s	$140K	$15K	5x
Short	Nado ENA-PERP	0.2126	0.0100	get 0.0012% / 1h	43m 57s	$684K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now +0.052%Rate

Funding earned: −$345.7
Price spread: +0.052% → +0.039%: $1.32
Slippage, 4 orders: −$400.42
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$761.81
Costs to cover: 4.174%
Break-even: never at this rate

Slippage from dYdX: live order book, 35 min ago; Nado: live order book, 5 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, 35 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 Nado live order book, 5 min ago	0.70 bp	8.2 bp −$8	19.7 bp −$197	doesn't fit	doesn't fit

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	−0.0027%	4h	0.2126	+0.048%	$41K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2127	+0.104%	$93K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2127	+0.124%	$106K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.061%	$522	$57K	5.5x	as long as short
Backpack ENA_USDC_PERP	+0.0090%	1h	0.2127	+0.104%	$375K	$448K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2127	+0.109%	$64K	$523K	50x	as long as short
Nado ENA-PERPshort	+0.0100%	1h	0.2126	+0.052%	$684K	$1.8M	10x
Aster ENAUSDT	+0.0100%	4h	0.2126	+0.081%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2123	−0.081%	$411K	$567K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2125	+0.034%	$131.4M	$455.0M	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	0.2125	−0.004%	$89.0M	$191.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2124	−0.009%	$20.6M	$112.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2124	−0.023%	$15K	$400K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2124	−0.032%	$84K	$221K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2125	+0.037%	$90K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2126	+0.071%	$10.9M	$21.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2126	+0.066%	$47.0M	$45.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2127	+0.109%	$24.5M	$16.3M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2124	−0.028%	$48.1M	$64.7M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2125	+0.010%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2126	+0.042%	$3.9M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2128	+0.173%	$253K	$7.7M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2129	+0.223%	$355K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2128	+0.156%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2128	+0.137%	$179K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2074	−2.362%	$1K	$823K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2126	+0.062%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2135	+0.466%	$277K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2126	+0.062%	$2.0M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2122	−0.142%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2127	+0.102%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0189%	1h	0.2129	+0.208%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0200%	1h	0.2127	+0.118%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0240%	1h	0.2127	+0.128%	$2.7M	$5.5M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2127	+0.118%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2125	+0.033%	$5.6M	$7.0M	75x	as long as short
Extended ENA-USD	+0.0344%	1h	0.2125	+0.002%	$1.6M	$4.2M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2126	+0.084%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0552%	1h	0.2135	+0.462%	$843K	$2.1M	50x	as long as short
Lighter ENA	+0.0632%	1h	0.2130	+0.226%	$5.7M	$12.8M	10x	as long as short
Hyperliquid ENA	+0.0861%	1h	0.2130	+0.226%	$114.4M	$78.9M	10x	as long as short
dYdX ENA-USDlong	+0.1746%	1h	0.2125	long leg	$140K	$15K	5x