ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.031%

Price spread now: Deribit against Polymarket Perps+0.028%7-day average +0.009% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.896%+$90 · spread now +0.028%, 7d avg +0.009%

Together, before fees+0.994%+$99 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ENA-USD	0.2108	0.0100	pay 0.0013% / 1h	8m 42s	$187K	$2.3M	10x
Short	Deribit ENA_USDC-PERPETUAL	0.2108	0	get 0.0000% / 1h	8m 42s	$79K	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Polymarket Perps. 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 Polymarket PerpsbpFee DeribitbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$21
Price spread: +0.028% → +0.009%: $1.93
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$34.07
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 5 min ago; Deribit: live order book, just now. 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 Polymarket Perps live order book, 5 min ago	2.12 bp	9.8 bp −$10	10.4 bp −$104	14816.9 bp −$1.48M	doesn't fit
Sell Deribit live order book, just now	4.75 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.0037%	4h	0.2107	−0.019%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2108	−0.009%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUALshort	0.0000%	1h	0.2108	+0.028%	$79K	$1.3M	50x
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2108	+0.032%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.740%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2108	+0.009%	$55K	$498K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2108	−0.012%	$661K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2106	−0.100%	$113.4M	$71.6M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2107	−0.037%	$1.5M	$2.9M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2108	−0.005%	$412K	$501K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2103	−0.228%	$128.8M	$417.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2103	−0.228%	$86.0M	$174.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2104	−0.204%	$20.7M	$101.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2112	+0.176%	$19K	$333K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2108	+0.009%	$78K	$275K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2120	+0.579%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2107	−0.057%	$11.0M	$21.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2106	−0.081%	$45.7M	$42.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2107	−0.014%	$24.6M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2102	−0.266%	$47.9M	$57.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2104	−0.176%	—	$32.3M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2108	−0.009%	$373K	$360K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2112	+0.220%	$3.4M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2112	+0.195%	$244K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2114	+0.285%	$356K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2119	+0.531%	$22K	$651K	50x	as long as short
Polymarket Perps ENA-USDlong	+0.0100%	1h	0.2108	long leg	$187K	$2.3M	10x
SunX ENA-USDT	+0.0100%	4h	0.2057	−2.401%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2107	−0.038%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.161%	$276K	$786K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2109	+0.057%	$1.8M	$8.8M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2107	−0.034%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2105	−0.112%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2108	+0.009%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2119	+0.522%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0253% / S −0.0213%	1h	0.2109	+0.054%	$51K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0286%	1h	0.2108	+0.005%	$2.6M	$4.3M	50x	as long as short
Lighter ENA	+0.0288%	1h	0.2107	−0.052%	$5.3M	$13.9M	10x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2107	−0.019%	$5.6M	$3.1M	75x	as long as short
dYdX ENA-USD	+0.0379%	1h	0.2105	−0.133%	$139K	$15K	5x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2107	−0.034%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2115	+0.361%	$832K	$1.5M	50x	as long as short