ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0556%/8h= +60.9% APRnext payment +$0.70 per $10,000 · paid last 24h +0.147%

Price spread now: Coinbase International against Arcus+0.545%7-day average +0.122% · 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−$23as in the Price arb table

costs, in and out, $10k−$650.650% of the position

Long on Arcus Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.415%+$42 on $10k

Price spread, last 4 days (all we have)−0.512%−$51 · spread now +0.545%, 7d avg +0.122%

Together, before fees−0.097%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.422% dearer against Arcus than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.122%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus ENA-USD	0.2093	0.0100	pay 0.0013% / 1h	23m 53s	$77K	$283K	10x
Short	Coinbase International ENA-PERP-INTX	0.2104	0.0656	get 0.0082% / 1h	23m 53s	$870K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Arcus. 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 ArcusbpFee Coinbase InternationalbpOrdersPrice spread, now +0.545%Rate

Funding earned: $116.76
Price spread: +0.545% → +0.122%: $42.23
Slippage, 4 orders: −$50.47
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $94.02
Costs to cover: 0.650%
Break-even: 1.4 days

Slippage from Arcus: live order book, 14 min ago; Coinbase International: 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 Arcus live order book, 14 min ago	9.53 bp	12.5 bp −$13	23.9 bp −$239	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	9.52 bp	19.9 bp −$20	22.1 bp −$221	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	−0.0092%	4h	0.2094	+0.038%	$43K	$17K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2094	+0.072%	$54K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2093	+0.017%	$81K	—	150x	as long as short
01 Exchange ENAUSD	+0.0024%	1h	0.2092	−0.043%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.452%	$522	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2096	+0.148%	$4.9M	$13.9M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2092	−0.048%	$52K	$484K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2091	−0.072%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2092	−0.065%	$559K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2096	+0.153%	$113.7M	$74.7M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2095	+0.114%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2092	−0.069%	$403K	$563K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2094	+0.065%	$127.5M	$425.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2093	+0.005%	$89.9M	$187.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2095	+0.076%	$20.9M	$106.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2096	+0.143%	$38K	$321K	5x	as long as short
Arcus ENA-USDlong	+0.0100%	1h	0.2093	long leg	$77K	$283K	10x
Bulk ENA-USD	+0.0100%	1h	0.2095	+0.091%	$91K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2094	+0.072%	$12.7M	$27.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2095	+0.076%	$39.1M	$43.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2096	+0.124%	$24.7M	$15.8M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2093	−0.014%	$47.5M	$59.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2094	+0.024%	—	$31.4M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2096	+0.139%	$406K	$492K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2093	−0.016%	$3.0M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2103	+0.485%	$253K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2104	+0.513%	$351K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2095	+0.096%	$19K	$647K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2093	+0.019%	$180K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2043	−2.379%	$971	$908K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2094	+0.048%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2095	+0.100%	$264K	$814K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2094	+0.048%	$1.8M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2093	−0.003%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2094	+0.068%	$73K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0150%	1h	0.2095	+0.085%	$2.6M	$4.4M	50x	as long as short
Phoenix ENA	+0.0190%	1h	0.2096	+0.162%	$13K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0754%	1h	0.2094	+0.035%	$57K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2093	+0.010%	$5.5M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2093	−0.022%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTXshort	+0.0656%	1h	0.2104	+0.545%	$870K	$1.8M	50x
dYdX ENA-USD	+0.1122%	1h	0.2093	−0.020%	$138K	$16K	5x	as long as short