Funding you earn now, next payment 23:00 UTC+0.1766%/8h= +193.4% APRpaid last 24h +0.689%
Price spread now: dYdX against edgeX0.000%51s7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$688as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$7887.880% of the position
Funding, last 7 days+0.999%+$100 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now 0.000%, 7d avg −0.051%
=Together, before fees+1.099%+ Points / potential airdropedgeX: Active · farm board+$110 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$53 a day on $10k at the current rate, and dYdX is 0.051% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.051%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.999% in total (about 52.1% 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 | edgeX ENAUSDC | 0.2090 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $248K | $7.8M | 20x |
| Short | dYdX ENA-USD | 0.2090 | 0.1866 | get 0.0233% / 1h | 46m 41s | $138K | $15K | 5x |
edgeX ENAUSDC
dYdX ENA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against edgeX. 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
- $370.84
- Price spread: 0.000% → −0.051%
- $5.12
- Slippage, 4 orders
- −$768.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$412.03
- Costs to cover
- 7.880%
- Break-even
- 14.8 days
Slippage from edgeX: live order book, 2 min ago; dYdX: live order book, 37 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 edgeX live order book, 2 min ago | 14.34 bp | 18.8 bp −$19 | 23.4 bp −$234 | 74.4 bp −$7,436 | doesn't fit |
| Sell dYdX live order book, 37 min ago | 74.05 bp | 500.5 bp −$500 | 727.7 bp −$7,277 | 808.8 bp −$80.9K | 1641.0 bp −$820.5K |
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 | −0.0074% | 4h | 0.2087 | −0.107% | $40K | $24K | 10x | as long as short |
| Backpack ENA_USDC_PERP | −0.0063% | 1h | 0.2089 | −0.040% | $360K | $482K | 5x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2088 | −0.097% | $92K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2088 | −0.099% | $96K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +1.611% | $522 | $57K | 5.5x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0067% | 1h | 0.2088 | −0.083% | $2.6M | $5.6M | 50x | as long as short |
| 01 Exchange ENAUSD | +0.0088% | 1h | 0.2089 | −0.035% | $4K | $432 | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2088 | −0.083% | $59K | $539K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2088 | −0.077% | $47K | $221 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2092 | +0.094% | $656K | $1.8M | 10x | 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
01 Exchange ENAUSD
Popdex ENAUSDT
Paradex ENA-USD-PERP
Nado ENA-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ENAUSDT | +0.0100% | 4h | 0.2089 | −0.058% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2089 | −0.040% | $404K | $582K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2089 | −0.057% | $128.6M | $461.6M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2088 | −0.102% | $86.8M | $192.4M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2089 | −0.054% | $20.2M | $112.4M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2089 | −0.050% | $21K | $413K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2090 | +0.013% | $82K | $223K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2090 | +0.016% | $88K | $1K | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2088 | −0.074% | $10.4M | $21.2M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2088 | −0.064% | $44.9M | $46.7M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2091 | +0.037% | $23.9M | $16.7M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2088 | −0.088% | $47.3M | $65.3M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2088 | −0.074% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2088 | −0.060% | $3.8M | $10.4M | — | as long as short |
| edgeX ENAUSDClong | +0.0100% | 4h | 0.2090 | long leg | $248K | $7.8M | 20x | |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2089 | −0.035% | $353K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2089 | −0.035% | $32K | $712K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2092 | +0.089% | $188K | $2.8M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2041 | −2.313% | $1K | $814K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2087 | −0.131% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2093 | +0.171% | $273K | $1.5M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2087 | −0.131% | $1.9M | $9.2M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2088 | −0.089% | $77K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0115% | 1h | 0.2092 | +0.108% | $5K | $356K | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0221% / S −0.0366% | 1h | 0.2087 | −0.132% | $38K | — | 100x | as long as short |
| Extended ENA-USD | +0.0248% | 1h | 0.2088 | −0.095% | $1.6M | $4.2M | 50x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2087 | −0.131% | $5.5M | $8.1M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2090 | −0.001% | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.0456% | 1h | 0.2091 | +0.070% | $5.6M | $12.9M | 10x | as long as short |
| Hyperliquid ENA | +0.0519% | 1h | 0.2092 | +0.118% | $110.2M | $79.7M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0576% | 1h | 0.2090 | +0.027% | $799K | $2.1M | 50x | as long as short |
| dYdX ENA-USDshort | +0.1866% | 1h | 0.2090 | 0.000% | $138K | $15K | 5x |
Aster ENAUSDT
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
BingX ENA-USDC
Variational Omni ENA
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
GMX ENA/USD [ETH-USDC]
Extended ENA-USD
BloFin ENA-USDT
Reya ENARUSDPERP
Lighter ENA
Hyperliquid ENA
Coinbase International ENA-PERP-INTX