ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.026%

Price spread now: Ondo Perps against Injective−1.168%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.166%−$17 on $10k

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

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 1.168% cheaper against Injective than usual: you would sell low and buy high (spread −1.168% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$117 on $10k: about 58 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.166%, 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	Injective ENA/USDC PERP	0.2123	0.0033	pay 0.0004% / 1h	6m 01s	$522	$57K	5.5x
Short	Ondo Perps ENA-USD.P	0.2099	0.0100	get 0.0013% / 1h	6m 01s	$15K	$397K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. 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 InjectivebpFee Ondo PerpsbpOrdersPrice spread, now −1.168%Rate

Funding earned: $14
Price spread: −1.168% → 0.000%: −$116.79
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$107.81
Costs to cover: 0.050%
Break-even: 60.9 days

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Injective and 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
Orderly PERP_ENA_USDC	−0.0037%	4h	0.2107	−0.754%	$41K	$24K	10x	as long as short
Backpack ENA_USDC_PERP	−0.0004%	1h	0.2109	−0.688%	$372K	$447K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2108	−0.725%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2109	−0.697%	$101K	—	150x	as long as short
Injective ENA/USDC PERPlong	+0.0033%	1h	0.2123	long leg	$522	$57K	5.5x
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2109	−0.693%	$2.7M	$5.5M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2111	−0.584%	$62K	$530K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2109	−0.660%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2111	−0.567%	$664K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2110	−0.622%	$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	0.2110	−0.626%	$408K	$575K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2107	−0.791%	$130.3M	$455.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2107	−0.796%	$87.9M	$190.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2107	−0.758%	$20.4M	$111.5M	50x	as long as short
Ondo Perps ENA-USD.Pshort	+0.0100%	1h	0.2099	−1.168%	$15K	$397K	5x
Arcus ENA-USD	+0.0100%	1h	0.2110	−0.631%	$83K	$220K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2099	−1.137%	$89K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2108	−0.739%	$10.7M	$21.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2107	−0.763%	$46.7M	$47.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2108	−0.725%	$24.0M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2107	−0.796%	$47.7M	$64.6M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2108	−0.725%	—	$32.8M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2097	−1.235%	$3.8M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2098	−1.202%	$249K	$7.7M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2105	−0.848%	$358K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2107	−0.772%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2112	−0.513%	$178K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2057	−3.141%	$1K	$817K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2107	−0.772%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	−0.575%	$274K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2106	−0.819%	$2.0M	$9.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2108	−0.739%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2098	−1.177%	$5K	$356K	10x	as long as short
01 Exchange ENAUSD	+0.0144%	1h	0.2112	−0.560%	$4K	$312	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0248% / S −0.0429%	1h	0.2108	−0.712%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2110	−0.617%	$5.5M	$8.1M	75x	as long as short
Extended ENA-USD	+0.0352%	1h	0.2107	−0.774%	$1.6M	$4.1M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2111	−0.583%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0560%	1h	0.2111	−0.593%	$5.6M	$12.9M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2112	−0.523%	$834K	$2.1M	50x	as long as short
Hyperliquid ENA	+0.0584%	1h	0.2111	−0.584%	$111.5M	$78.5M	10x	as long as short
dYdX ENA-USD	+0.1982%	1h	0.2109	−0.702%	$139K	$15K	5x	as long as short