ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.33 per $10,000 · paid last 24h −0.036%

Price spread now: Orderly against Bitget−0.028%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.028% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENAUSDT	0.2107	0.0100	pay 0.0050% / 4h	2h 08m	$47.9M	$60.1M	75x
Short	Orderly PERP_ENA_USDC	0.2106	0.0035	get 0.0017% / 4h	2h 08m	$44K	$28K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now −0.028%Rate

Funding earned: −$13.66
Price spread: −0.028% → 0.000%: −$2.85
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$34.51
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; Orderly: no order-book sample. 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 Bitget live order book, 5 min ago	0.24 bp	9.2 bp −$9	17.4 bp −$174	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ENA on 41 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	0.2106	−0.043%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2104	−0.115%	$86K	—	150x	as long as short
dYdX ENA-USD	+0.0012%	1h	0.2108	+0.075%	$139K	$15K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.793%	$522	$57K	5.5x	as long as short
Orderly PERP_ENA_USDCshort	+0.0035%	4h	0.2106	−0.028%	$44K	$28K	10x
01 Exchange ENAUSD	+0.0096%	1h	0.2104	−0.123%	$4K	$302	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2103	−0.176%	$54K	$507K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2103	−0.192%	$676K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2106	−0.026%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2107	+0.025%	$412K	$530K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2106	−0.014%	$129.9M	$439.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2104	−0.109%	$86.1M	$182.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2106	−0.038%	$20.7M	$105.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2112	+0.275%	$19K	$387K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2106	−0.033%	$78K	$289K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2126	+0.919%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2107	+0.014%	$11.0M	$21.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2107	+0.028%	$44.6M	$44.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2109	+0.085%	$24.5M	$16.2M	75x	as long as short
Bitget ENAUSDTlong	+0.0100%	4h	0.2107	long leg	$47.9M	$60.1M	75x
BingX ENA-USDC	+0.0100%	4h	0.2107	−0.009%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2107	+0.019%	$379K	$377K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2114	+0.336%	$3.8M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2117	+0.492%	$247K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2116	+0.441%	$358K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2116	+0.441%	$32K	$654K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2104	−0.109%	$182K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2058	−2.321%	$1K	$852K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2106	−0.033%	$3K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.190%	$275K	$822K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2105	−0.081%	$1.9M	$9.1M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2106	−0.041%	$47K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2104	−0.145%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0188%	1h	0.2118	+0.517%	$7K	$351K	10x	as long as short
Extended ENA-USD	+0.0192%	1h	0.2106	−0.013%	$1.6M	$4.1M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0206%	1h	0.2104	−0.112%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0253%	1h	0.2107	+0.017%	$2.6M	$4.4M	50x	as long as short
Lighter ENA	+0.0384%	1h	0.2109	+0.085%	$5.5M	$13.7M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2104	−0.136%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0482%	1h	0.2109	+0.090%	$113.4M	$71.4M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2108	+0.062%	$827K	$1.6M	50x	as long as short