ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.023%

Price spread now: Injective against Nado+0.614%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Injective is 0.614% dearer against Nado than usual: you sell high and buy low (spread +0.614% now, against zero (this spread has no 7-day history yet)): +$61 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ENA-PERP	0.2110	0.0100	pay 0.0012% / 1h	12m 55s	$564K	$1.8M	10x
Short	Injective ENA/USDC PERP	0.2123	0.0033	get 0.0004% / 1h	12m 55s	$522	$57K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.614%Rate

Funding earned: −$14
Price spread: +0.614% → 0.000%: $61.36
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $40.34
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Nado: live order book, 1 min ago; Injective: 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 Nado live order book, 1 min ago	0.47 bp	6.8 bp −$7	16.8 bp −$168	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0085%	4h	0.2111	+0.036%	$44K	$17K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2112	+0.050%	$54K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2110	+0.001%	$81K	—	150x	as long as short
01 Exchange ENAUSD	+0.0032%	1h	0.2112	+0.059%	$4K	$277	10x	as long as short
Injective ENA/USDC PERPshort	+0.0033%	1h	0.2123	+0.614%	$522	$57K	5.5x
Popdex ENAUSDT	+0.0096%	1h	0.2111	+0.026%	$53K	$484K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2111	+0.028%	$47K	$110	10x	as long as short
Nado ENA-PERPlong	+0.0100%	1h	0.2110	long leg	$564K	$1.8M	10x
Hyperliquid ENA	+0.0100%	1h	0.2111	+0.040%	$114.5M	$74.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2111	+0.042%	$1.4M	$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	0.2111	+0.029%	$407K	$563K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2110	−0.041%	$128.4M	$425.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2108	−0.111%	$90.4M	$187.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2110	−0.031%	$21.1M	$107.0M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2109	−0.073%	$33K	$312K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2111	+0.026%	$78K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2105	−0.258%	$92K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2110	−0.017%	$13.0M	$27.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2110	−0.002%	$39.3M	$43.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2111	+0.021%	$24.9M	$15.8M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2108	−0.135%	$47.8M	$59.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2110	−0.017%	—	$31.4M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2112	+0.073%	$409K	$486K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2105	−0.238%	$3.0M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2108	−0.137%	$254K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2108	−0.119%	$356K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2109	−0.069%	$19K	$646K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2111	+0.036%	$182K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2062	−2.310%	$1K	$908K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2111	+0.026%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2115	+0.230%	$266K	$808K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2110	−0.021%	$1.8M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2109	−0.052%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2112	+0.058%	$74K	$4K	3x	as long as short
Lighter ENA	+0.0112%	1h	0.2114	+0.145%	$5.0M	$13.9M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0149%	1h	0.2112	+0.089%	$2.6M	$4.4M	50x	as long as short
Phoenix ENA	+0.0190%	1h	0.2111	+0.036%	$13K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0754%	1h	0.2108	−0.109%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2110	−0.031%	$5.5M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2109	−0.052%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2098	−0.595%	$867K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.0877%	1h	0.2111	+0.006%	$139K	$16K	5x	as long as short