ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.023%

Price spread now: Nado against Injective−0.273%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Nado

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 airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.273% cheaper against Injective than usual: you would sell low and buy high (spread −0.273% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 14 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ENA/USDC PERP	0.2123	0.0033	pay 0.0004% / 1h	17m 23s	$522	$57K	5.5x
Short	Nado ENA-PERP	0.2118	0.0100	get 0.0012% / 1h	17m 23s	$657K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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 InjectivebpFee NadobpOrdersPrice spread, now −0.273%Rate

Funding earned: $14
Price spread: −0.273% → 0.000%: −$27.31
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$20.33
Costs to cover: 0.070%
Break-even: 17.2 days

Slippage unknown: Injective: no order-book sample; Nado: live order book, 1 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 Injective no order-book sample	—	—	—	—	—
Sell Nado live order book, 1 min ago	0.71 bp	7.0 bp −$7	17.1 bp −$171	doesn't fit	doesn't fit

Injective: 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	−0.0164%	1h	0.2117	−0.311%	$363K	$398K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0070%	4h	0.2117	−0.283%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	−0.0056%	1h	0.2119	−0.231%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2118	−0.259%	$79K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2118	−0.254%	$82K	—	150x	as long as short
Injective ENA/USDC PERPlong	+0.0033%	1h	0.2123	long leg	$522	$57K	5.5x
Phoenix ENA	+0.0076%	1h	0.2119	−0.207%	$8K	$266K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2118	−0.254%	$56K	$475K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2117	−0.316%	$47K	$110	10x	as long as short
Nado ENA-PERPshort	+0.0100%	1h	0.2118	−0.273%	$657K	$1.7M	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2118	−0.249%	$1.5M	$2.9M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2117	−0.279%	$404K	$517K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2118	−0.244%	$129.0M	$416.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2117	−0.283%	$85.4M	$175.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2118	−0.235%	$20.8M	$103.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2117	−0.278%	$18K	$317K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2118	−0.254%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2117	−0.325%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2118	−0.268%	$11.1M	$22.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2118	−0.245%	$46.1M	$41.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2118	−0.240%	$24.6M	$15.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2116	−0.330%	$48.1M	$57.5M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2118	−0.254%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2118	−0.252%	$3.1M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2117	−0.280%	$245K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2117	−0.292%	$350K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2119	−0.207%	$20K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2118	−0.235%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2067	−2.670%	$2K	$848K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2118	−0.254%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	−0.278%	$274K	$796K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2116	−0.348%	$1.8M	$8.8M	50x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2121	−0.104%	$115.5M	$75.1M	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2117	−0.283%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2118	−0.254%	$74K	$4K	3x	as long as short
dYdX ENA-USD	+0.0143%	1h	0.2117	−0.296%	$140K	$15K	5x	as long as short
Lighter ENA	+0.0144%	1h	0.2119	−0.212%	$5.2M	$13.5M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0242%	1h	0.2119	−0.192%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2118	−0.261%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2116	−0.344%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2117	−0.301%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0632%	1h	0.2127	+0.165%	$869K	$1.7M	50x	as long as short