ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0452%/8h= +49.5% APRnext payment +$0.56 per $10,000 · paid last 24h +0.168%

Price spread now: Lighter against ApeX Omni+0.697%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs+$17as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on ApeX Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.426%+$43 on $10k

Price spread, last 3 days (all we have)−0.512%−$51 · spread now +0.697%, 7d avg +0.069%

Together, before fees−0.085%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.628% dearer against ApeX Omni than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ENAUSDT	0.2096	0.0100	pay 0.0013% / 1h	8m 53s	$32K	$711K	50x
Short	Lighter ENA	0.2111	0.0552	get 0.0069% / 1h	8m 53s	$5.7M	$12.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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 ApeX OmnibpFee LighterbpOrdersPrice spread, now +0.697%Rate

Funding earned: $94.92
Price spread: +0.697% → +0.069%: $62.77
Slippage, 4 orders: −$36.06
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $111.63
Costs to cover: 0.461%
Break-even: from the start

Slippage from ApeX Omni: live order book, 10 min ago; Lighter: live order book, 5 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 ApeX Omni live order book, 10 min ago	9.55 bp	20.1 bp −$20	134.2 bp −$1,342	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.71 bp	1.8 bp −$2	4.0 bp −$40	167.0 bp −$16.7K	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	−0.0041%	4h	0.2107	+0.510%	$41K	$24K	10x	as long as short
Backpack ENA_USDC_PERP	−0.0018%	1h	0.2110	+0.654%	$372K	$447K	5x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2105	+0.448%	$101K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.307%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2109	+0.606%	$2.7M	$5.5M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2104	+0.382%	$62K	$530K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2102	+0.299%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2104	+0.398%	$662K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2107	+0.524%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2103	+0.334%	$407K	$575K	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	0.2107	+0.524%	$130.0M	$455.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2106	+0.487%	$87.8M	$190.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2106	+0.496%	$20.4M	$111.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2099	+0.124%	$15K	$397K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2104	+0.382%	$82K	$220K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2099	+0.156%	$89K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2107	+0.510%	$10.5M	$21.4M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2107	+0.530%	$46.7M	$47.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2107	+0.539%	$24.0M	$16.3M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2105	+0.444%	$47.6M	$64.7M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2107	+0.501%	—	$32.8M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2097	+0.056%	$3.8M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2098	+0.090%	$249K	$7.7M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2096	−0.014%	$350K	$4.6M	10x	as long as short
ApeX Omni ENAUSDTlong	+0.0100%	1h	0.2096	long leg	$32K	$711K	50x
Polymarket Perps ENA-USD	+0.0100%	1h	0.2106	+0.458%	$177K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2053	−2.037%	$1K	$816K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2108	+0.573%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2104	+0.391%	$274K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2107	+0.525%	$2.0M	$9.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2107	+0.549%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2098	+0.115%	$5K	$356K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	+0.0130%	1h	0.2108	+0.582%	$92K	$1.8M	50x	as long as short
01 Exchange ENAUSD	+0.0144%	1h	0.2105	+0.434%	$4K	$312	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0246% / S −0.0424%	1h	0.2105	+0.434%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2103	+0.329%	$5.5M	$8.0M	75x	as long as short
Extended ENA-USD	+0.0352%	1h	0.2106	+0.476%	$1.6M	$4.1M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2105	+0.428%	$1K	$5K	15x	as long as short
Lighter ENAshort	+0.0552%	1h	0.2111	+0.697%	$5.7M	$12.9M	10x
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2100	+0.196%	$827K	$2.1M	50x	as long as short
Hyperliquid ENA	+0.0589%	1h	0.2109	+0.635%	$111.4M	$78.5M	10x	as long as short
dYdX ENA-USD	+0.1983%	1h	0.2102	+0.309%	$139K	$15K	5x	as long as short