ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.026%

Price spread now: SoDEX against Injective−0.631%62s7-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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.631% cheaper against Injective than usual: you would sell low and buy high (spread −0.631% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$63 on $10k: about 32 days of funding at the current rate (+$2 a day). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

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	49m 52s	$522	$57K	5.5x
Short	SoDEX ENA-USD	0.2110	0.0100	get 0.0013% / 1h	49m 52s	$4K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.631%Rate

Funding earned: $14
Price spread: −0.631% → 0.000%: −$63.11
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$57.13
Costs to cover: 0.080%
Break-even: 35.6 days

Slippage unknown: Injective: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

Injective and SoDEX: 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	−0.0107%	1h	0.2111	−0.603%	$375K	$419K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2110	−0.640%	$93K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2113	−0.503%	$104K	—	150x	as long as short
Gate ENA_USDT	+0.0006%	4h	0.2110	−0.617%	$10.7M	$20.6M	50x	as long as short
Orderly PERP_ENA_USDC	+0.0019%	4h	0.2109	−0.697%	$41K	$24K	10x	as long as short
Injective ENA/USDC PERPlong	+0.0033%	1h	0.2123	long leg	$522	$57K	5.5x
dYdX ENA-USD	+0.0085%	1h	0.2113	−0.474%	$140K	$15K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2112	−0.537%	$63K	$525K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2113	−0.494%	$678K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2110	−0.614%	$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	0.2113	−0.484%	$409K	$560K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2111	−0.584%	$131.0M	$447.9M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2110	−0.636%	$88.7M	$187.8M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2110	−0.622%	$20.6M	$109.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2122	−0.057%	$15K	$394K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2114	−0.443%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2126	+0.122%	$90K	−$0	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2111	−0.603%	$45.9M	$44.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2111	−0.593%	$24.2M	$16.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2109	−0.688%	$47.9M	$62.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2111	−0.589%	—	$32.6M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2115	−0.385%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2120	−0.157%	$245K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2120	−0.174%	$353K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2120	−0.160%	$34K	$714K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2113	−0.499%	$180K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2065	−2.764%	$1K	$828K	20x	as long as short
SoDEX ENA-USDshort	+0.0100%	1h	0.2110	−0.631%	$4K	$11K	10x
HTX ENA-USDT	+0.0100%	4h	0.2117	−0.320%	$275K	$1.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2112	−0.541%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2110	−0.646%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2124	+0.005%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0208%	1h	0.2115	−0.396%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0237%	1h	0.2111	−0.579%	$2.7M	$5.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2112	−0.536%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0256%	1h	0.2109	−0.675%	$1.6M	$4.3M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2116	−0.334%	$5.6M	$4.1M	75x	as long as short
Phemex ENAUSDT	+0.0392%	4h	0.2110	−0.631%	$1.9M	$9.3M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2113	−0.500%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0568%	1h	0.2113	−0.504%	$5.6M	$12.5M	10x	as long as short
Hyperliquid ENA	+0.0606%	1h	0.2113	−0.471%	$113.9M	$76.3M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2116	−0.330%	$836K	$1.9M	50x	as long as short