ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0460%/8h= −50.3% APRnext payment −$0.57 per $10,000 · paid last 24h −0.082%

Price spread now: Aevo against Hyperliquid−0.032%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.216%−$22 on $10k

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aevo is 0.032% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.216% in total (about -11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 per $10,000. 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	Hyperliquid ENA	0.2095	0.0564	pay 0.0070% / 1h	32m 32s	$110.7M	$79.6M	10x
Short	Aevo ENA-PERP	0.2094	0.0104	get 0.0013% / 1h	32m 32s	$77K	$11K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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 HyperliquidbpFee AevobpOrdersPrice spread, now −0.032%Rate

Funding earned: −$96.53
Price spread: −0.032% → 0.000%: −$3.25
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$124.77
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 11 min ago; Aevo: 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 Hyperliquid live order book, 11 min ago	0.71 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	0.2095	0.000%	$361K	$481K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0063%	4h	0.2093	−0.081%	$40K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2094	−0.024%	$93K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2095	0.000%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.356%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2096	+0.043%	$2.6M	$5.6M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2092	−0.143%	$61K	$537K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2092	−0.132%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2091	−0.174%	$658K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2093	−0.110%	$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	0.2092	−0.123%	$405K	$581K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2092	−0.149%	$128.9M	$457.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2090	−0.229%	$86.9M	$191.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2092	−0.167%	$20.2M	$111.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2091	−0.196%	$15K	$405K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2093	−0.095%	$82K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2098	+0.136%	$88K	$1K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2092	−0.129%	$10.4M	$21.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2092	−0.138%	$45.0M	$46.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2092	−0.119%	$23.9M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2089	−0.267%	$47.3M	$65.2M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2092	−0.119%	—	$32.9M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2091	−0.200%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2092	−0.147%	$248K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2093	−0.103%	$353K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2093	−0.095%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2091	−0.186%	$184K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2044	−2.415%	$1K	$814K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2094	−0.048%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2097	+0.091%	$272K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2094	−0.048%	$1.9M	$9.2M	50x	as long as short
01 Exchange ENAUSD	+0.0104%	1h	0.2093	−0.100%	$4K	$432	10x	as long as short
Aevo ENA-PERPshort	+0.0104%	1h	0.2094	−0.032%	$77K	$11K	3x
Phoenix ENA	+0.0115%	1h	0.2095	−0.019%	$5K	$356K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0230% / S −0.0387%	1h	0.2094	−0.032%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0288%	1h	0.2092	−0.139%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2094	−0.033%	$5.5M	$8.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2090	−0.241%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0504%	1h	0.2095	0.000%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENAlong	+0.0564%	1h	0.2095	long leg	$110.7M	$79.6M	10x
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2101	+0.296%	$808K	$2.1M	50x	as long as short
dYdX ENA-USD	+0.1910%	1h	0.2093	−0.099%	$138K	$15K	5x	as long as short