Funding you earn now, next payment 00:00 UTC+0.1672%/8h= +183.1% APRnext payment +$2.09 per $10,000 · paid last 24h +0.692%
Price spread now: dYdX against Ondo Perps+0.107%7-day average −0.052% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.033%+$103 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.107%, 7d avg −0.052%
=Together, before fees+1.099%+ Points / potential airdropOndo Perps: Active · farm board+$110 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and dYdX is 0.159% dearer against Ondo Perps than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.052%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.033% in total (about 53.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 per $10,000. 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 | Ondo Perps ENA-USD.P | 0.2124 | 0.0100 | pay 0.0013% / 1h | 45m 12s | $15K | $400K | 5x |
| Short | dYdX ENA-USD | 0.2126 | 0.1772 | get 0.0222% / 1h | 45m 12s | $140K | $15K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Ondo Perps. 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
- $351.18
- Price spread: +0.107% → −0.052%
- $15.89
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $352.07
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; dYdX: live order book, 34 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 34 min ago | 76.39 bp | 107.8 bp −$108 | 705.2 bp −$7,052 | 1435.1 bp −$143.5K | 1910.6 bp −$955.3K |
Ondo Perps: 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 | −0.0026% | 4h | 0.2125 | +0.042% | $41K | $24K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2126 | +0.089% | $93K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2126 | +0.072% | $106K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −0.038% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2124 | −0.009% | $63K | $522K | 50x | as long as short |
| Backpack ENA_USDC_PERP | +0.0098% | 1h | 0.2126 | +0.075% | $375K | $447K | 5x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2125 | +0.056% | $687K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2127 | +0.113% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2126 | +0.090% | $412K | $567K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2126 | +0.062% | $131.3M | $454.8M | 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 | 0.2124 | +0.009% | $89.1M | $190.8M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2125 | +0.038% | $20.6M | $112.1M | 50x | as long as short |
| Ondo Perps ENA-USD.Plong | +0.0100% | 1h | 0.2124 | long leg | $15K | $400K | 5x | |
| Arcus ENA-USD | +0.0100% | 1h | 0.2126 | +0.085% | $84K | $221K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2125 | +0.060% | $90K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2125 | +0.042% | $10.9M | $21.3M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2126 | +0.080% | $47.0M | $45.4M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2127 | +0.108% | $24.5M | $16.3M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2124 | −0.009% | $48.1M | $64.7M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2125 | +0.033% | — | $32.7M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2126 | +0.065% | $3.9M | $10.3M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2128 | +0.196% | $253K | $7.7M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2129 | +0.246% | $355K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2128 | +0.179% | $32K | $712K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2125 | +0.028% | $179K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2074 | −2.387% | $1K | $824K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2126 | +0.085% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2130 | +0.273% | $277K | $1.5M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2125 | +0.038% | $2.0M | $9.2M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2125 | +0.036% | $48K | $221 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2126 | +0.072% | $78K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0189% | 1h | 0.2129 | +0.231% | $7K | $347K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0192% | 1h | 0.2127 | +0.113% | $4K | $302 | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0240% | 1h | 0.2127 | +0.116% | $2.7M | $5.5M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0250% / S −0.0434% | 1h | 0.2125 | +0.050% | $38K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2125 | +0.056% | $5.6M | $7.0M | 75x | as long as short |
| Extended ENA-USD | +0.0352% | 1h | 0.2125 | +0.046% | $1.6M | $4.2M | 50x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2124 | −0.001% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0552% | 1h | 0.2135 | +0.485% | $843K | $2.1M | 50x | as long as short |
| Lighter ENA | +0.0632% | 1h | 0.2128 | +0.174% | $5.7M | $12.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0858% | 1h | 0.2129 | +0.243% | $114.4M | $78.9M | 10x | as long as short |
| dYdX ENA-USDshort | +0.1772% | 1h | 0.2126 | +0.107% | $140K | $15K | 5x |
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Popdex ENAUSDT
Backpack ENA_USDC_PERP
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
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
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Phoenix ENA
01 Exchange ENAUSD
Kraken Futures PF_ENAUSD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Extended ENA-USD
Coinbase International ENA-PERP-INTX
Lighter ENA
Hyperliquid ENA