ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Nado against Popdex+0.033%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.325% of the position

Long on Popdex Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.024%+$2 on $10k

Price spread, last 3 days (all we have)+0.275%+$27 · spread now +0.033%, 7d avg +0.026%

Together, before fees+0.299%+ Points / potential airdropNado: Active · farm board+$30 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex ENAUSDT	0.2091	0.0096	pay 0.0012% / 1h	46m 57s	$59K	$538K	50x
Short	Nado ENA-PERP	0.2092	0.0100	get 0.0012% / 1h	46m 57s	$656K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Popdex. 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 PopdexbpFee NadobpOrdersPrice spread, now +0.033%Rate

Funding earned: $0.84
Price spread: +0.033% → +0.026%: $0.76
Slippage, 4 orders: −$19.15
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$30.95
Costs to cover: 0.325%
Break-even: 264.9 days

Slippage from Popdex: live order book, 37 min ago; Nado: live order book, 2 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 Popdex live order book, 37 min ago	0.71 bp	7.7 bp −$8	66.4 bp −$664	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	0.24 bp	8.3 bp −$8	18.3 bp −$183	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	−0.0074%	4h	0.2087	−0.167%	$40K	$24K	10x	as long as short
Backpack ENA_USDC_PERP	−0.0063%	1h	0.2089	−0.100%	$360K	$482K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2088	−0.158%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2088	−0.160%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.549%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0067%	1h	0.2088	−0.143%	$2.6M	$5.6M	50x	as long as short
01 Exchange ENAUSD	+0.0088%	1h	0.2092	+0.072%	$4K	$432	10x	as long as short
Popdex ENAUSDTlong	+0.0096%	1h	0.2091	long leg	$59K	$538K	50x
Paradex ENA-USD-PERP	+0.0100%	8h	0.2090	−0.040%	$47K	$221	10x	as long as short
Nado ENA-PERPshort	+0.0100%	1h	0.2092	+0.033%	$656K	$1.8M	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2088	−0.136%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2092	+0.029%	$405K	$582K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2088	−0.128%	$128.5M	$462.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2088	−0.158%	$86.8M	$192.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2089	−0.081%	$20.2M	$112.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2089	−0.072%	$20K	$412K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2092	+0.048%	$82K	$223K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2090	−0.044%	$88K	$1K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2088	−0.143%	$10.4M	$21.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2089	−0.086%	$44.9M	$46.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2091	−0.014%	$23.9M	$16.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2088	−0.163%	$47.3M	$65.4M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2088	−0.129%	—	$32.9M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2088	−0.121%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2090	−0.060%	$248K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2089	−0.096%	$353K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2089	−0.096%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2092	+0.029%	$188K	$2.8M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2041	−2.372%	$1K	$814K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2087	−0.191%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2093	+0.110%	$273K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2087	−0.191%	$1.9M	$9.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2088	−0.149%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2092	+0.048%	$5K	$356K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0221% / S −0.0366%	1h	0.2087	−0.193%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0248%	1h	0.2089	−0.106%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2087	−0.191%	$5.5M	$8.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2090	−0.062%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0456%	1h	0.2091	−0.024%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0520%	1h	0.2091	−0.005%	$110.1M	$79.7M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2090	−0.033%	$799K	$2.1M	50x	as long as short
dYdX ENA-USD	+0.1859%	1h	0.2091	−0.016%	$138K	$15K	5x	as long as short