ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.644%

Price spread now: dYdX against Ondo Perps−0.135%7-day average −0.040% · you buy dearer than you sell

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

Long on Ondo Perps Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.067%+$107 on $10k

Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.135%, 7d avg −0.040%

Together, before fees+1.375%+ Points / potential airdropOndo Perps: Active · farm board+$138 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.095% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.040%). If the spread goes back, that is −$10 on $10k: about 3.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+1.067% in total) that is about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ENA-USD.P	0.2175	0.0100	pay 0.0013% / 1h	3m 37s	$21K	$327K	5x
Short	dYdX ENA-USD	0.2172	0.0191	get 0.0024% / 1h	3m 37s	$143K	$16K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Ondo Perps. 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 Ondo PerpsbpFee dYdXbpOrdersPrice spread, now −0.135%Rate

Funding earned: $19.2
Price spread: −0.135% → −0.040%: −$9.52
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$5.32
Costs to cover: 0.150%
Break-even: 8.9 days

Slippage unknown: Ondo Perps: no order-book sample; dYdX: live order book, 45 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell dYdX live order book, 45 min ago	145.57 bp	322.7 bp −$323	626.1 bp −$6,261	1159.1 bp −$115.9K	1803.7 bp −$901.9K

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	−0.0140%	4h	0.2175	+0.018%	$45K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2175	+0.032%	$68K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2176	+0.055%	$84K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−2.363%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0040%	1h	0.2179	+0.179%	$4K	$277	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2178	+0.147%	$55K	$477K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2175	+0.021%	$577K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2174	−0.055%	$117.9M	$75.9M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2172	−0.122%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2172	−0.138%	$408K	$532K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2172	−0.147%	$131.5M	$426.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2172	−0.143%	$87.6M	$179.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2172	−0.129%	$21.7M	$109.5M	50x	as long as short
Ondo Perps ENA-USD.Plong	+0.0100%	1h	0.2175	long leg	$21K	$327K	5x
Arcus ENA-USD	+0.0100%	1h	0.2172	−0.129%	$80K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2182	+0.308%	$96K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2171	−0.184%	$11.5M	$24.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2171	−0.170%	$48.4M	$42.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2173	−0.087%	$25.3M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2170	−0.207%	$49.3M	$59.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2172	−0.147%	—	$31.3M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2182	+0.316%	$3.1M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2177	+0.115%	$257K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2179	+0.181%	$364K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2178	+0.147%	$20K	$651K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2179	+0.175%	$193K	$2.5M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2124	−2.336%	$919	$893K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2175	+0.009%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2182	+0.317%	$273K	$806K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2175	+0.009%	$1.8M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2171	−0.165%	$49K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2171	−0.160%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2175	+0.019%	$76K	$4K	3x	as long as short
Phoenix ENA	+0.0153%	1h	0.2177	+0.124%	$8K	$278K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0158%	1h	0.2176	+0.057%	$2.7M	$4.3M	50x	as long as short
dYdX ENA-USDshort	+0.0191%	1h	0.2172	−0.135%	$143K	$16K	5x
Lighter ENA	+0.0240%	1h	0.2174	−0.051%	$5.2M	$13.4M	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0310% / S −0.0753%	1h	0.2175	+0.024%	$60K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2179	+0.184%	$5.6M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2174	−0.020%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0542%	1h	0.2175	+0.028%	$398K	$423K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0704%	1h	0.2181	+0.280%	$895K	$1.8M	50x	as long as short