ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0560%/8h= −61.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.137%

Price spread now: Aevo against Coinbase International−0.025%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.462%−$46 on $10k

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 −$17 a day on $10k at the current rate, and Aevo is 0.025% cheaper against Coinbase International 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	Coinbase International ENA-PERP-INTX	0.2117	0.0664	pay 0.0083% / 1h	42m 32s	$833K	$1.5M	50x
Short	Aevo ENA-PERP	0.2117	0.0104	get 0.0013% / 1h	42m 32s	$74K	$4K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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 Coinbase InternationalbpFee AevobpOrdersPrice spread, now −0.025%Rate

Funding earned: −$117.6
Price spread: −0.025% → 0.000%: −$2.5
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$146.1
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 1 min ago; Aevo: 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 Coinbase International live order book, 1 min ago	8.26 bp	21.2 bp −$21	27.9 bp −$279	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 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
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2119	+0.065%	$82K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0011%	4h	0.2117	−0.038%	$44K	$27K	10x	as long as short
01 Exchange ENAUSD	+0.0024%	1h	0.2117	−0.005%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.288%	$522	$57K	5.5x	as long as short
Deribit ENA_USDC-PERPETUAL	+0.0081%	1h	0.2118	+0.052%	$79K	$1.3M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2117	−0.014%	$55K	$499K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2117	−0.019%	$684K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2119	+0.104%	$113.9M	$71.4M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2118	+0.022%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2118	+0.026%	$414K	$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	0.2117	0.000%	$130.0M	$424.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2117	−0.005%	$86.9M	$176.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2118	+0.047%	$20.8M	$103.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2112	−0.231%	$19K	$376K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2117	−0.014%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2113	−0.203%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2117	−0.005%	$11.1M	$21.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2118	+0.028%	$45.6M	$41.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2118	+0.038%	$24.6M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2116	−0.057%	$48.2M	$58.1M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2117	−0.009%	—	$32.2M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2118	+0.052%	$375K	$364K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2110	−0.346%	$3.6M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2111	−0.278%	$243K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2109	−0.409%	$350K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2115	−0.109%	$32K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2118	+0.033%	$185K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2063	−2.579%	$1K	$842K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2118	+0.033%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	−0.009%	$277K	$784K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2118	+0.033%	$1.9M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2117	−0.020%	$47K	$110	10x	as long as short
Aevo ENA-PERPshort	+0.0104%	1h	0.2117	−0.025%	$74K	$4K	3x
dYdX ENA-USD	+0.0113%	1h	0.2117	−0.031%	$140K	$15K	5x	as long as short
Extended ENA-USD	+0.0128%	1h	0.2116	−0.045%	$1.6M	$4.1M	50x	as long as short
Phoenix ENA	+0.0150%	1h	0.2109	−0.373%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2115	−0.092%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0284%	1h	0.2120	+0.112%	$2.7M	$4.3M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2111	−0.307%	$5.6M	$3.1M	75x	as long as short
Lighter ENA	+0.0376%	1h	0.2120	+0.142%	$5.5M	$13.6M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2117	+0.007%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTXlong	+0.0664%	1h	0.2117	long leg	$833K	$1.5M	50x