Funding you earn now, next payment 02:00 UTC+0.0564%/8h= +61.8% APRpaid last 24h +0.085%
Price spread now: Coinbase International against Aster+0.207%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.207%, 7d avg +0.098%
=Together, before fees+0.377%+ Points / potential airdropAster: Stage 5 · farm board+$38 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 0.109% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.098%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.350% in total (about 18.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ENAUSDT | 0.2113 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $1.5M | $3.3M | 50x |
| Short | Coinbase International ENA-PERP-INTX | 0.2117 | 0.0664 | get 0.0083% / 1h | 44m 05s | $833K | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $118.44
- Price spread: +0.207% → +0.098%
- $10.88
- Slippage, 4 orders
- −$46.05
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $65.27
- Costs to cover
- 0.641%
- Break-even
- 3.1 days
Slippage from Aster: live order book, 5 min ago; Coinbase International: live order book, 4 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 Aster live order book, 5 min ago | 3.31 bp | 8.8 bp −$9 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 9.45 bp | 22.2 bp −$22 | 25.0 bp −$250 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2114 | +0.037% | $79K | $1.3M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2112 | −0.022% | $82K | — | 150x | as long as short |
| Orderly PERP_ENA_USDC | +0.0011% | 4h | 0.2112 | −0.039% | $44K | $27K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0024% | 1h | 0.2112 | −0.044% | $4K | $302 | 10x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.496% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2111 | −0.091% | $54K | $500K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2112 | −0.044% | $682K | $1.7M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2114 | +0.037% | $113.6M | $71.3M | 10x | as long as short |
| Aster ENAUSDTlong | +0.0100% | 4h | 0.2113 | long leg | $1.5M | $3.3M | 50x | |
| Pacifica ENA | +0.0100% | 1h | 0.2114 | +0.028% | $413K | $516K | 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 | 0.2110 | −0.120% | $129.8M | $425.2M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2110 | −0.134% | $86.6M | $177.0M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2111 | −0.082% | $20.8M | $103.2M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2107 | −0.295% | $19K | $375K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2113 | +0.003% | $78K | $288K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2113 | +0.003% | $93K | $4K | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2112 | −0.049% | $11.0M | $21.2M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2112 | −0.039% | $45.5M | $41.8M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2113 | −0.006% | $24.6M | $15.7M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2111 | −0.105% | $48.1M | $58.2M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2112 | −0.044% | — | $6.5M | — | as long as short |
| Backpack ENA_USDC_PERP | +0.0100% | 1h | 0.2113 | −0.001% | $374K | $364K | 5x | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2110 | −0.140% | $3.6M | $10.1M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2108 | −0.220% | $245K | $7.4M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2109 | −0.203% | $350K | $4.8M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2111 | −0.091% | $32K | $647K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2113 | +0.022% | $184K | $2.3M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2063 | −2.368% | $1K | $842K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2112 | −0.044% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2117 | +0.193% | $277K | $785K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2112 | −0.044% | $1.9M | $8.9M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2113 | −0.004% | $47K | $110 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2113 | −0.006% | $74K | $4K | 3x | as long as short |
| Extended ENA-USD | +0.0128% | 1h | 0.2111 | −0.113% | $1.6M | $4.1M | 50x | as long as short |
| dYdX ENA-USD | +0.0129% | 1h | 0.2115 | +0.104% | $140K | $15K | 5x | as long as short |
| Phoenix ENA | +0.0150% | 1h | 0.2109 | −0.167% | $8K | $298K | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0251% / S −0.0206% | 1h | 0.2112 | −0.039% | $50K | — | 100x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0285% | 1h | 0.2113 | +0.010% | $2.6M | $4.3M | 50x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2115 | +0.079% | $5.7M | $3.1M | 75x | as long as short |
| Lighter ENA | +0.0352% | 1h | 0.2114 | +0.060% | $5.5M | $13.6M | 10x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2113 | −0.014% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTXshort | +0.0664% | 1h | 0.2117 | +0.207% | $833K | $1.5M | 50x |
Aster ENAUSDT
Coinbase International ENA-PERP-INTX
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
01 Exchange ENAUSD
Injective ENA/USDC PERP
Popdex ENAUSDT
Hyperliquid ENA
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDC
Backpack ENA_USDC_PERP
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Extended ENA-USD
Phoenix ENA
GMX ENA/USD [ETH-USDC]
Kraken Futures PF_ENAUSD
BloFin ENA-USDT
Lighter ENA