ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1641%/8h= +179.6% APRnext payment +$2.05 per $10,000 · paid last 24h +0.692%

Price spread now: dYdX against Nado−0.015%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$415as in the Price arb table

costs, in and out, $10k−$4174.173% of the position

Long on Nado Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.919%+$92 on $10k

Price spread, last 3 days (all we have)−0.219%−$22 · spread now −0.015%, 7d avg −0.039%

Together, before fees+0.700%+ Points / potential airdropNado: Active · farm board+$70 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and dYdX is 0.024% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ENA-PERP	0.2128	0.0100	pay 0.0012% / 1h	39m 54s	$684K	$1.8M	10x
Short	dYdX ENA-USD	0.2128	0.1741	get 0.0218% / 1h	39m 54s	$141K	$15K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Nado. 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 NadobpFee dYdXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $344.53
Price spread: −0.015% → −0.039%: $2.38
Slippage, 4 orders: −$400.3
Fee Nado: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$70.39
Costs to cover: 4.173%
Break-even: 8.4 days

Slippage from Nado: live order book, 4 min ago; dYdX: live order book, 39 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 Nado live order book, 4 min ago	0.94 bp	6.9 bp −$7	14.4 bp −$144	doesn't fit	doesn't fit
Sell dYdX live order book, 39 min ago	76.39 bp	107.8 bp −$108	705.2 bp −$7,052	1435.1 bp −$143.5K	1910.6 bp −$955.3K

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	−0.0023%	4h	0.2126	−0.101%	$41K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2127	−0.045%	$93K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2128	−0.024%	$106K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.237%	$522	$57K	5.5x	as long as short
Backpack ENA_USDC_PERP	+0.0090%	1h	0.2128	−0.002%	$376K	$448K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2128	−0.021%	$64K	$523K	50x	as long as short
Nado ENA-PERPlong	+0.0100%	1h	0.2128	long leg	$684K	$1.8M	10x
Aster ENAUSDT	+0.0100%	4h	0.2127	−0.078%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2128	0.000%	$412K	$567K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2125	−0.148%	$131.4M	$454.5M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ENAUSDT	+0.0100%	4h	0.2125	−0.157%	$89.3M	$190.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2125	−0.148%	$20.6M	$112.0M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2126	−0.134%	$15K	$400K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2130	+0.073%	$84K	$221K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2129	+0.026%	$90K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2128	−0.021%	$10.9M	$21.4M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2125	−0.153%	$46.9M	$45.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2127	−0.068%	$24.4M	$16.3M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2124	−0.204%	$48.2M	$64.6M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2125	−0.143%	—	$32.7M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2129	+0.030%	$3.9M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2125	−0.145%	$253K	$7.7M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2125	−0.162%	$358K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2126	−0.115%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2128	−0.012%	$179K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2076	−2.460%	$1K	$824K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2127	−0.068%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2131	+0.115%	$277K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2126	−0.115%	$2.0M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2128	−0.031%	$48K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2127	−0.073%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0189%	1h	0.2129	+0.031%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0200%	1h	0.2129	+0.045%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0240%	1h	0.2129	+0.020%	$2.7M	$5.5M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2128	−0.043%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0320%	1h	0.2125	−0.156%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2128	−0.026%	$5.6M	$7.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2128	−0.043%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0552%	1h	0.2132	+0.153%	$842K	$2.1M	50x	as long as short
Lighter ENA	+0.0616%	1h	0.2130	+0.073%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0859%	1h	0.2131	+0.129%	$114.5M	$78.9M	10x	as long as short
dYdX ENA-USDshort	+0.1741%	1h	0.2128	−0.015%	$141K	$15K	5x