ENA

Alert

Funding spread now, next payment 18:00 UTC−0.0588%/8h

next payment, per $10,000−$0.74paid, last 24h−0.084%paid, last 7 days−0.164%to open and close $10k−$31

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.74 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	0.2086	0.0100	pay 0.0013% / 1h	59m 59s	$106.9M	$86.9M	10x
Short	Backpack ENA_USDC_PERP	0.2085	−0.0488	pay 0.0061% / 1h	59m 59s	$354K	$506K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee BackpackbpOrdersRate

Funding earned: −$123.58
Slippage, 4 orders: −$12.16
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$154.74
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 5 min ago; Backpack: live order book, 25 min ago.

Price risk

price view

Price gap now: −0.043%
Avg gap 7d: −0.060%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 5 min ago	1.20 bp	8.5 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Backpack live order book, 25 min ago	0.24 bp	7.3 bp −$7	38.9 bp −$389	doesn't fit	doesn't fit

ENA on 41 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_ENAUSD	−0.0704%	1h	$2.6M	$8.3M	50x	as long as short
Backpack ENA_USDC_PERPshort	−0.0488%	1h	$354K	$506K	5x
Orderly PERP_ENA_USDC	−0.0180%	4h	$41K	$26K	10x	as long as short
01 Exchange ENAUSD	−0.0056%	1h	$4K	$571	10x	as long as short
Bitget ENAUSDT	−0.0024%	4h	$47.3M	$71.3M	75x	as long as short
Phoenix ENA	0.0000%	1h	$5K	$466K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	$93K	$2.4M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	$99K	—	150x	as long as short
Gate ENA_USDT	+0.0026%	4h	$10.5M	$27.2M	50x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	$535	$162	5.5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX ENA/USD [ETH-USDC]	L +0.0037% / S +0.0007%	1h	$18K	—	100x	as long as short
Popdex ENAUSDT	+0.0096%	1h	$53K	$597K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	$641K	$2.0M	10x	as long as short
Hyperliquid ENAlong	+0.0100%	1h	$106.9M	$86.9M	10x
Aster ENAUSDT	+0.0100%	4h	$1.6M	$3.1M	50x	as long as short
Pacifica ENA	+0.0100%	1h	$406K	$649K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	$128.2M	$509.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	$88.3M	$211.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	$20.1M	$131.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	$19K	$491K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	$83K	$304K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	$44.9M	$62.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	$22.7M	$17.6M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	—	$32.2M	—	as long as short
Variational Omni ENA	+0.0100%	4h	$3.3M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	$251K	$8.9M	20x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	$21K	$707K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	$229K	$3.5M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	$1K	$779K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	$4K	$16K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	$264K	$2.0M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	$1.7M	$9.5M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	$87K	−$0	10x	as long as short
Extended ENA-USD	+0.0104%	1h	$1.6M	$4.0M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	$77K	$11K	3x	as long as short
BloFin ENA-USDT	+0.0340%	4h	$5.6M	$8.6M	75x	as long as short
Lighter ENA	+0.0352%	1h	$5.8M	$16.3M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0552%	1h	$794K	$2.3M	50x	as long as short
dYdX ENA-USD	+0.1447%	1h	$137K	$12K	5x	as long as short