Funding you earn now, next payment 01:00 UTC−0.0600%/8h= −65.8% APRpaid last 24h −0.096%
Price spread now: HTX against Hyperliquid+0.033%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$840.842% of the position
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.033%, 7d avg −0.013%
=Together, before fees−0.241%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.046% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.013%): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.231% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.231% in total (about -12.1% 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 | Hyperliquid ENA | 0.2119 | 0.0700 | pay 0.0088% / 1h | 35m 48s | $114.3M | $75.3M | 10x |
| Short | HTX ENA-USDT | 0.2119 | 0.0100 | get 0.0050% / 4h | 3h 35m | $275K | $1.3M | 50x |
Hyperliquid ENA
HTX ENA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$126.1
- Price spread: +0.033% → −0.013%
- $4.61
- Slippage, 4 orders
- −$63.18
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$205.67
- Costs to cover
- 0.842%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; HTX: live order book, 3 min ago.
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 Hyperliquid live order book, 8 min ago | 1.88 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 22.60 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2116 | −0.132% | $82K | $1.7M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2116 | −0.136% | $97K | — | 150x | as long as short |
| Backpack ENA_USDC_PERP | +0.0004% | 1h | 0.2117 | −0.066% | $377K | $415K | 5x | as long as short |
| Orderly PERP_ENA_USDC | +0.0026% | 4h | 0.2115 | −0.156% | $41K | $23K | 10x | as long as short |
| dYdX ENA-USD | +0.0032% | 1h | 0.2115 | −0.165% | $140K | $15K | 5x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.222% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2116 | −0.127% | $62K | $524K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2117 | −0.064% | $674K | $1.7M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2116 | −0.115% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2114 | −0.208% | $410K | $552K | 10x | as long as short |
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Backpack ENA_USDC_PERP
Orderly PERP_ENA_USDC
dYdX ENA-USD
Injective ENA/USDC PERP
Popdex ENAUSDT
Nado ENA-PERP
Aster ENAUSDT
Pacifica ENAShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ENAUSDT | +0.0100% | 4h | 0.2114 | −0.205% | $131.2M | $444.8M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2113 | −0.250% | $88.9M | $186.3M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2114 | −0.241% | $20.7M | $108.6M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2116 | −0.146% | $15K | $399K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2116 | −0.127% | $105K | $242K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2117 | −0.104% | $89K | −$0 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2115 | −0.160% | $10.8M | $20.8M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2114 | −0.212% | $46.1M | $44.3M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2117 | −0.104% | $24.4M | $16.6M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2112 | −0.307% | $47.9M | $61.6M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2113 | −0.250% | — | $32.6M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2115 | −0.188% | $3.8M | $10.1M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2117 | −0.058% | $247K | $7.5M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2117 | −0.080% | $356K | $4.7M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2118 | −0.033% | $34K | $709K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2116 | −0.123% | $179K | $2.4M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2067 | −2.445% | $841 | $828K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2116 | −0.127% | $4K | $10K | 10x | as long as short |
| HTX ENA-USDTshort | +0.0100% | 4h | 0.2119 | +0.033% | $275K | $1.3M | 50x | |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2116 | −0.127% | $1.9M | $9.4M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2113 | −0.249% | $47K | $221 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2116 | −0.127% | $74K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0150% | 1h | 0.2119 | +0.005% | $7K | $347K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0224% | 1h | 0.2118 | −0.042% | $4K | $302 | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0236% | 1h | 0.2117 | −0.067% | $2.7M | $5.1M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0250% / S −0.0434% | 1h | 0.2115 | −0.157% | $38K | — | 100x | as long as short |
| Extended ENA-USD | +0.0272% | 1h | 0.2116 | −0.132% | $1.6M | $4.3M | 50x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2119 | +0.014% | $5.6M | $2.8M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2115 | −0.171% | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.0600% | 1h | 0.2117 | −0.080% | $5.6M | $12.6M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0608% | 1h | 0.2120 | +0.052% | $837K | $1.8M | 50x | as long as short |
| Hyperliquid ENAlong | +0.0700% | 1h | 0.2119 | long leg | $114.3M | $75.3M | 10x |
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
Phemex ENAUSDT
Paradex ENA-USD-PERP
Aevo ENA-PERP
Phoenix ENA
01 Exchange ENAUSD
Kraken Futures PF_ENAUSD
GMX ENA/USD [ETH-USDC]
Extended ENA-USD
BloFin ENA-USDT
Reya ENARUSDPERP
Lighter ENA
Coinbase International ENA-PERP-INTX