ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.683%

Price spread now: Ondo Perps against dYdX+0.136%7-day average +0.052% · you sell dearer than you buy

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

Long on dYdX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−1.046%−$105 on $10k

Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.136%, 7d avg +0.052%

Together, before fees−1.356%+ Points / potential airdropOndo Perps: Active · farm board−$136 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.085% dearer against dYdX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.052%. Mind the row above: over the last 7 days funding on this pair cost −1.046%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ENA-USD	0.2119	0	get 0.0000% / 1h	52m 10s	$140K	$15K	5x
Short	Ondo Perps ENA-USD.P	0.2122	0.0100	get 0.0013% / 1h	52m 10s	$15K	$394K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.136%Rate

Funding earned: $21
Price spread: +0.136% → +0.052%: $8.47
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $14.47
Costs to cover: 0.150%
Break-even: 2.2 days

Slippage unknown: dYdX: live order book, 22 min ago; Ondo Perps: 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 dYdX live order book, 22 min ago	195.88 bp	350.9 bp −$351	593.8 bp −$5,938	695.8 bp −$69.6K	1393.6 bp −$696.8K
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0074%	1h	0.2117	−0.090%	$376K	$419K	5x	as long as short
dYdX ENA-USDlong	0.0000%	1h	0.2119	long leg	$140K	$15K	5x
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2117	−0.109%	$94K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2120	+0.012%	$104K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0017%	4h	0.2116	−0.175%	$41K	$24K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.193%	$522	$57K	5.5x	as long as short
Gate ENA_USDT	+0.0092%	4h	0.2116	−0.161%	$10.8M	$20.6M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2119	−0.015%	$63K	$525K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2119	−0.012%	$680K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2118	−0.056%	$1.5M	$3.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2120	+0.029%	$411K	$560K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2117	−0.128%	$131.4M	$448.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2117	−0.133%	$89.1M	$188.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2117	−0.118%	$20.6M	$109.8M	50x	as long as short
Ondo Perps ENA-USD.Pshort	+0.0100%	1h	0.2122	+0.136%	$15K	$394K	5x
Arcus ENA-USD	+0.0100%	1h	0.2121	+0.080%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2126	+0.316%	$90K	−$0	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2117	−0.114%	$46.2M	$44.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2117	−0.090%	$24.3M	$16.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2115	−0.199%	$48.1M	$62.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2116	−0.152%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2122	+0.106%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2124	+0.235%	$246K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2124	+0.221%	$359K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2124	+0.221%	$34K	$713K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2119	+0.004%	$181K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2071	−2.284%	$1K	$828K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2116	−0.156%	$4K	$11K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2123	+0.184%	$275K	$1.4M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2116	−0.156%	$2.0M	$9.3M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2119	−0.009%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2117	−0.123%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2124	+0.198%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0208%	1h	0.2122	+0.141%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0236%	1h	0.2117	−0.091%	$2.7M	$5.1M	50x	as long as short
Extended ENA-USD	+0.0248%	1h	0.2116	−0.177%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2119	+0.007%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2120	+0.037%	$5.6M	$4.7M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2119	−0.028%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2121	+0.084%	$838K	$1.9M	50x	as long as short
Lighter ENA	+0.0632%	1h	0.2119	−0.010%	$5.6M	$12.5M	10x	as long as short
Hyperliquid ENA	+0.0655%	1h	0.2119	−0.001%	$114.3M	$76.2M	10x	as long as short