ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.43 per $10,000 · paid last 24h −0.096%

Price spread now: Orderly against Aster+0.045%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.045% dearer against Aster than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ENAUSDT	0.2123	0.0100	pay 0.0050% / 4h	3h 56m	$1.5M	$3.3M	50x
Short	Orderly PERP_ENA_USDC	0.2124	0.0015	get 0.0007% / 4h	3h 56m	$41K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now +0.045%Rate

Funding earned: −$17.89
Price spread: +0.045% → 0.000%: $4.49
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$27.41
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; Orderly: 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 Aster live order book, 2 min ago	2.82 bp	11.3 bp −$11	21.3 bp −$213	doesn't fit	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 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	−0.0128%	1h	0.2125	+0.073%	$378K	$445K	5x	as long as short
dYdX ENA-USD	0.0000%	1h	0.2124	+0.021%	$140K	$15K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2124	+0.059%	$94K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2122	−0.048%	$105K	—	150x	as long as short
Orderly PERP_ENA_USDCshort	+0.0015%	4h	0.2124	+0.045%	$41K	$24K	10x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.007%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2122	−0.059%	$63K	$525K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2122	−0.080%	$682K	$1.8M	10x	as long as short
Aster ENAUSDTlong	+0.0100%	4h	0.2123	long leg	$1.5M	$3.3M	50x
Pacifica ENA	+0.0100%	1h	0.2122	−0.062%	$411K	$560K	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	0.2125	+0.076%	$131.9M	$448.5M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2124	+0.031%	$89.3M	$188.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2125	+0.078%	$20.7M	$110.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2124	+0.059%	$15K	$395K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2123	−0.012%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2126	+0.130%	$90K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2122	−0.049%	$10.8M	$20.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2122	−0.054%	$46.3M	$44.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2123	−0.002%	$24.6M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2123	−0.002%	$48.2M	$63.0M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2123	+0.007%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2122	−0.079%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2125	+0.098%	$246K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2126	+0.132%	$361K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2127	+0.177%	$34K	$714K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2122	−0.049%	$176K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2074	−2.301%	$1K	$828K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2124	+0.035%	$4K	$11K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2126	+0.125%	$276K	$1.4M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2124	+0.035%	$2.0M	$9.3M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2122	−0.064%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2127	+0.191%	$78K	$2K	3x	as long as short
Phoenix ENA	+0.0189%	1h	0.2129	+0.262%	$7K	$341K	10x	as long as short
01 Exchange ENAUSD	+0.0232%	1h	0.2123	+0.007%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0235%	1h	0.2126	+0.133%	$2.7M	$5.2M	50x	as long as short
Extended ENA-USD	+0.0240%	1h	0.2123	−0.009%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2122	−0.049%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2123	+0.002%	$5.6M	$4.7M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2121	−0.127%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2127	+0.196%	$840K	$1.9M	50x	as long as short
Lighter ENA	+0.0624%	1h	0.2127	+0.191%	$5.6M	$12.5M	10x	as long as short
Hyperliquid ENA	+0.0742%	1h	0.2126	+0.129%	$114.7M	$78.4M	10x	as long as short