ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0674%/8h= +73.8% APRnext payment +$0.84 per $10,000 · paid last 24h +0.096%

Price spread now: Hyperliquid against Bulk+0.912%7-day average — · you sell dearer than you buy

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

Long on Bulk Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Hyperliquid is 0.912% dearer against Bulk than usual: you sell high and buy low: +$91 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk ENA-USD	0.2150	0.0100	pay 0.0013% / 1h	13m 57s	$94K	$4K	10x
Short	Hyperliquid ENA	0.2170	0.0774	get 0.0097% / 1h	13m 57s	$118.0M	$74.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bulk. 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 BulkbpFee HyperliquidbpOrdersPrice spread, now +0.912%Rate

Funding earned: $141.6
Price spread: +0.912% → 0.000%: $91.22
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $216.83
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Bulk: no order-book sample; Hyperliquid: live order book, 10 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 Bulk no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 10 min ago	0.23 bp	4.8 bp −$5	doesn't fit	doesn't fit	doesn't fit

Bulk: 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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2166	+0.745%	$81K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0004%	1h	0.2166	+0.718%	$104K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0032%	4h	0.2165	+0.698%	$42K	$23K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−1.241%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0066%	1h	0.2161	+0.504%	$143K	$15K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2164	+0.647%	$63K	$517K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2163	+0.615%	$716K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2167	+0.770%	$1.6M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2163	+0.594%	$426K	$553K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2163	+0.603%	$134.9M	$442.9M	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	0.2161	+0.508%	$89.1M	$187.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2161	+0.517%	$21.2M	$110.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2156	+0.261%	$16K	$413K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2164	+0.647%	$107K	$242K	10x	as long as short
Bulk ENA-USDlong	+0.0100%	1h	0.2150	long leg	$94K	$4K	10x
Gate ENA_USDT	+0.0100%	4h	0.2162	+0.549%	$11.0M	$21.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2162	+0.545%	$46.0M	$44.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2167	+0.782%	$24.9M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2159	+0.433%	$49.0M	$61.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2162	+0.531%	—	$32.6M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2168	+0.824%	$384K	$402K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2157	+0.332%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2155	+0.237%	$250K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2154	+0.161%	$356K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2154	+0.182%	$33K	$687K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2165	+0.684%	$181K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2112	−1.748%	$1K	$833K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2167	+0.787%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2170	+0.936%	$282K	$1.1M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2166	+0.740%	$2.0M	$9.3M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2162	+0.548%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2166	+0.725%	$76K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2153	+0.122%	$8K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0176%	1h	0.2164	+0.633%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0230%	1h	0.2168	+0.836%	$2.7M	$5.1M	50x	as long as short
Extended ENA-USD	+0.0328%	1h	0.2161	+0.493%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0334% / S −0.0430%	1h	0.2166	+0.736%	$82K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2160	+0.461%	$5.7M	$2.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2164	+0.660%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2168	+0.856%	$859K	$1.8M	50x	as long as short
Lighter ENA	+0.0720%	1h	0.2170	+0.912%	$6.0M	$13.1M	10x	as long as short
Hyperliquid ENAshort	+0.0774%	1h	0.2170	+0.912%	$118.0M	$74.7M	10x