ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0668%/8h= −73.2% APRnext payment −$0.84 per $10,000 · paid last 24h −0.147%

Price spread now: 01 Exchange against Hyperliquid−0.164%49s7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on 01 Exchange

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 against this trade now: funding costs −$20 a day on $10k at the current rate, and 01 Exchange is 0.164% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ENA	0.2131	0.0844	pay 0.0106% / 1h	47m 49s	$114.5M	$78.9M	10x
Short	01 Exchange ENAUSD	0.2128	0.0176	get 0.0022% / 1h	47m 49s	$4K	$302	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Hyperliquid. 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 HyperliquidbpFee 01 ExchangebpOrdersPrice spread, now −0.164%Rate

Funding earned: −$140.29
Price spread: −0.164% → 0.000%: −$16.42
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$172.71
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 6 min ago; 01 Exchange: 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 Hyperliquid live order book, 6 min ago	1.17 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0027%	4h	0.2124	−0.314%	$41K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2126	−0.258%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2126	−0.249%	$106K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.361%	$522	$57K	5.5x	as long as short
Backpack ENA_USDC_PERP	+0.0086%	1h	0.2127	−0.174%	$376K	$447K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2126	−0.239%	$63K	$525K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2126	−0.235%	$688K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2128	−0.131%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2127	−0.214%	$412K	$567K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2127	−0.197%	$131.4M	$455.1M	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	0.2126	−0.221%	$89.1M	$190.8M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2127	−0.174%	$20.6M	$112.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2128	−0.131%	$15K	$401K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2127	−0.192%	$84K	$221K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2125	−0.264%	$90K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2127	−0.216%	$10.9M	$21.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2127	−0.206%	$47.0M	$45.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2127	−0.183%	$24.5M	$16.3M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2126	−0.253%	$48.2M	$64.7M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2127	−0.202%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2124	−0.339%	$3.9M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2124	−0.329%	$253K	$7.7M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2124	−0.316%	$354K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2124	−0.333%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2126	−0.235%	$179K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2074	−2.679%	$1K	$823K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2125	−0.286%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2132	+0.052%	$276K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2124	−0.333%	$2.0M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2126	−0.243%	$48K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2125	−0.288%	$78K	$11K	3x	as long as short
01 Exchange ENAUSDshort	+0.0176%	1h	0.2128	−0.164%	$4K	$302	10x
Phoenix ENA	+0.0189%	1h	0.2125	−0.272%	$6K	$347K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0240%	1h	0.2127	−0.187%	$2.7M	$5.5M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2126	−0.262%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2128	−0.155%	$5.6M	$7.4M	75x	as long as short
Extended ENA-USD	+0.0352%	1h	0.2126	−0.236%	$1.6M	$4.2M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2125	−0.267%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0552%	1h	0.2135	+0.160%	$843K	$2.1M	50x	as long as short
Lighter ENA	+0.0640%	1h	0.2129	−0.122%	$5.7M	$12.8M	10x	as long as short
Hyperliquid ENAlong	+0.0844%	1h	0.2131	long leg	$114.5M	$78.9M	10x
dYdX ENA-USD	+0.1740%	1h	0.2127	−0.206%	$140K	$15K	5x	as long as short