Funding spread now, next payment 17:00 UTC−0.0290%/8h
paid, last 24h−0.031%paid, last 5 days+0.004%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.004% in total (about 0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ENA-USD | 0.2132 | 0.0100 | pay 0.0013% / 1h | 51m 56s | $169K | $4.0M | 10x |
| Short | Orderly PERP_ENA_USDC | 0.2137 | −0.0190 | pay 0.0095% / 4h | 3h 51m | $42K | $40K | 10x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$60.82
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$74.82
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.230%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 4 min ago | 1.40 bp | 7.7 bp −$8 | 10.5 bp −$105 | 13685.8 bp −$1.37M | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 41 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_ENAUSD | −0.0835% | 1h | $2.5M | $10.3M | 50x | as long as short |
| Backpack ENA_USDC_PERP | −0.0571% | 1h | $359K | $734K | 5x | as long as short |
| Gate ENA_USDT | −0.0224% | 4h | $10.7M | $28.2M | 50x | as long as short |
| Orderly PERP_ENA_USDCshort | −0.0190% | 4h | $42K | $40K | 10x | |
| 01 Exchange ENAUSD | −0.0120% | 1h | $4K | $779 | 10x | as long as short |
| Bitget ENAUSDT | −0.0100% | 4h | $49.2M | $82.8M | 75x | as long as short |
| Phoenix ENA | 0.0000% | 1h | $5K | $477K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | $122K | $2.5M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | $99K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | $535 | $1K | 5.5x | as long as short |
Polymarket Perps ENA-USD
Kraken Futures PF_ENAUSD
Backpack ENA_USDC_PERP
Gate ENA_USDT
Bitget ENAUSDT
Phoenix ENA
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
GMX ENA/USD [ETH-USDC]
OKX ENA-USDT-SWAP
SoDEX ENA-USD
Popdex ENAUSDT
Paradex ENA-USD-PERP
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
Bulk ENA-USD
MEXC ENA_USDT
KuCoin ENAUSDTM
BingX ENA-USDC
Variational Omni ENA
ApeX Omni ENAUSDT
SunX ENA-USDT
HTX ENA-USDT
Extended ENA-USD
Phemex ENAUSDT
Lighter ENA
BloFin ENA-USDT
Coinbase International ENA-PERP-INTX