ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0231%/8h= +25.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.675%

Price spread now: dYdX against Pacifica−0.079%59s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$392as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4974.972% of the position

Long on Pacifica Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.057%+$106 on $10k

Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.079%, 7d avg −0.016%

Together, before fees+1.219%+ Points / potential airdropPacifica: Active · farm board+$122 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.062% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.016%). If the spread goes back, that is −$6 on $10k: about 22 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+1.057% in total) that is about 10 hours. The two prices were read 59 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	Pacifica ENA	0.2114	0.0100	pay 0.0013% / 1h	11m 48s	$413K	$506K	10x
Short	dYdX ENA-USD	0.2113	0.0331	get 0.0041% / 1h	11m 48s	$140K	$15K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Pacifica. 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 PacificabpFee dYdXbpOrdersPrice spread, now −0.079%Rate

Funding earned: $48.49
Price spread: −0.079% → −0.016%: −$6.24
Slippage, 4 orders: −$479.22
Fee Pacifica: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$454.96
Costs to cover: 4.972%
Break-even: 72.7 days

Slippage from Pacifica: live order book, 52 min ago; dYdX: live order book, 52 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 Pacifica live order book, 52 min ago	1.41 bp	9.6 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell dYdX live order book, 52 min ago	153.18 bp	315.7 bp −$316	583.2 bp −$5,832	651.4 bp −$65.1K	1479.4 bp −$739.7K

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	−0.0032%	4h	0.2108	−0.305%	$44K	$26K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2111	−0.149%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2110	−0.229%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2110	−0.189%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.424%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2111	−0.163%	$55K	$498K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2112	−0.137%	$663K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2114	−0.026%	$113.9M	$71.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2111	−0.180%	$1.5M	$3.0M	50x	as long as short
Pacifica ENAlong	+0.0100%	1h	0.2114	long leg	$413K	$506K	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2113	−0.056%	$129.5M	$418.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2111	−0.149%	$86.4M	$175.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2112	−0.106%	$20.7M	$102.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2125	+0.481%	$19K	$351K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2113	−0.068%	$78K	$275K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2120	+0.263%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2111	−0.182%	$11.1M	$21.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2109	−0.267%	$45.8M	$42.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2110	−0.191%	$24.6M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2111	−0.172%	$48.1M	$57.5M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2112	−0.134%	—	$32.2M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2109	−0.243%	$374K	$362K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2124	+0.435%	$3.4M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2125	+0.518%	$245K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2125	+0.519%	$358K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2126	+0.547%	$22K	$652K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2111	−0.144%	$193K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2059	−2.641%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2109	−0.257%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2114	−0.030%	$276K	$780K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2109	−0.257%	$1.8M	$8.8M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2112	−0.111%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2110	−0.228%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2108	−0.294%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2119	+0.206%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0253% / S −0.0213%	1h	0.2111	−0.177%	$51K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0285%	1h	0.2111	−0.170%	$2.7M	$4.3M	50x	as long as short
Lighter ENA	+0.0312%	1h	0.2115	+0.031%	$5.3M	$13.9M	10x	as long as short
dYdX ENA-USDshort	+0.0331%	1h	0.2113	−0.079%	$140K	$15K	5x
BloFin ENA-USDT	+0.0340%	4h	0.2118	+0.178%	$5.6M	$3.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2110	−0.207%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2116	+0.055%	$833K	$1.5M	50x	as long as short