ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.042%

Price spread now: OKX against Orderly+0.090%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.090% dearer against Orderly than usual: you sell high and buy low: +$9 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	Orderly PERP_ENA_USDC	0.2112	−0.0038	get 0.0019% / 4h	1h 03m	$41K	$24K	10x
Short	OKX ENA-USDT-SWAP	0.2114	0.0100	get 0.0050% / 4h	1h 03m	$20.5M	$111.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Orderly. 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 OrderlybpFee OKXbpOrdersPrice spread, now +0.090%Rate

Funding earned: $28.91
Price spread: +0.090% → 0.000%: $9
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: $21.91
Costs to cover: 0.160%
Break-even: 1.7 days

Slippage unknown: Orderly: no order-book sample; OKX: live order book, 5 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 Orderly no order-book sample	—	—	—	—	—
Sell OKX live order book, 5 min ago	0.24 bp	10.9 bp −$11	23.1 bp −$231	92.0 bp −$9,196	doesn't fit

Orderly: 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_USDClong	−0.0038%	4h	0.2112	long leg	$41K	$24K	10x
Backpack ENA_USDC_PERP	−0.0004%	1h	0.2115	+0.156%	$373K	$447K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2113	+0.047%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2113	+0.044%	$101K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.559%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2113	+0.084%	$2.7M	$5.5M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2111	−0.028%	$62K	$530K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2109	−0.118%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2110	−0.085%	$664K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2113	+0.082%	$1.5M	$3.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2110	−0.081%	$408K	$575K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2114	+0.097%	$130.7M	$455.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2112	+0.033%	$88.2M	$190.7M	50x	as long as short
OKX ENA-USDT-SWAPshort	+0.0100%	4h	0.2114	+0.090%	$20.5M	$111.8M	50x
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2105	−0.294%	$15K	$398K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2110	−0.076%	$83K	$220K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2099	−0.584%	$89K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2113	+0.085%	$10.7M	$21.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2114	+0.114%	$46.5M	$47.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2114	+0.137%	$24.1M	$16.3M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2112	0.000%	$47.8M	$64.7M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2113	+0.057%	—	$32.8M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2109	−0.106%	$3.8M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2108	−0.183%	$250K	$7.7M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2105	−0.294%	$358K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2109	−0.123%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2111	−0.009%	$177K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2060	−2.463%	$1K	$819K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2113	+0.066%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2112	+0.019%	$274K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2112	+0.019%	$2.0M	$9.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2112	+0.017%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2109	−0.099%	$5K	$356K	10x	as long as short
01 Exchange ENAUSD	+0.0144%	1h	0.2112	+0.009%	$4K	$312	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0249% / S −0.0432%	1h	0.2112	+0.032%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2107	−0.208%	$5.5M	$8.1M	75x	as long as short
Extended ENA-USD	+0.0344%	1h	0.2113	+0.070%	$1.6M	$4.2M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2111	−0.052%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0568%	1h	0.2115	+0.170%	$5.7M	$12.9M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2113	+0.052%	$835K	$2.1M	50x	as long as short
Hyperliquid ENA	+0.0585%	1h	0.2116	+0.219%	$111.8M	$78.5M	10x	as long as short
dYdX ENA-USD	+0.1982%	1h	0.2109	−0.147%	$139K	$15K	5x	as long as short