Funding you earn now, next payment 02:00 UTC−0.0536%/8h= −58.7% APRnext payment −$0.67 per $10,000 · paid last 24h −0.127%
Price spread now: Extended against Coinbase International−0.045%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.424%−$42 on $10k
+Price spread, last 4 days (all we have)−0.507%−$51 · spread now −0.045%, 7d avg −0.205%
=Together, before fees−0.931%+ Points / potential airdropExtended: Active · farm board−$93 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.160% dearer against Coinbase International than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.205%): +$16 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.424% in total) that is about 2.6 days.
| 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 39s | $833K | $1.5M | 50x |
| Short | Extended ENA-USD | 0.2116 | 0.0128 | get 0.0016% / 1h | 42m 39s | $1.6M | $4.1M | 50x |
Coinbase International ENA-PERP-INTX
Extended ENA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$112.56
- Price spread: −0.045% → −0.205%
- $15.97
- Slippage, 4 orders
- −$34.42
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$146.01
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Extended: live order book, 1 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 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 Extended live order book, 1 min ago | 0.24 bp | 5.8 bp −$6 | 11.4 bp −$114 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2115 | −0.086% | $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 | 0.2112 | −0.250% | $54K | $499K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2112 | −0.227% | $682K | $1.7M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2119 | +0.090% | $113.9M | $71.4M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2118 | +0.051% | $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 |
gTrade (Gains Network) ENA/USD
Orderly PERP_ENA_USDC
01 Exchange ENAUSD
Injective ENA/USDC PERP
Deribit ENA_USDC-PERPETUAL
Popdex ENAUSDT
Nado ENA-PERP
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENAShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ENAUSDT | +0.0100% | 4h | 0.2117 | +0.005% | $130.3M | $424.6M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2117 | +0.009% | $86.9M | $176.9M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2118 | +0.028% | $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 | +0.014% | $45.6M | $41.8M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2118 | +0.019% | $24.6M | $15.7M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2116 | −0.076% | $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 | 0.2114 | −0.156% | $184K | $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-PERP | +0.0104% | 1h | 0.2117 | −0.025% | $74K | $4K | 3x | as long as short |
| dYdX ENA-USD | +0.0113% | 1h | 0.2117 | −0.031% | $140K | $15K | 5x | as long as short |
| Extended ENA-USDshort | +0.0128% | 1h | 0.2116 | −0.045% | $1.6M | $4.1M | 50x | |
| 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 | 0.2113 | −0.182% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTXlong | +0.0664% | 1h | 0.2117 | long leg | $833K | $1.5M | 50x |
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
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
Aevo ENA-PERP
dYdX ENA-USD
Phoenix ENA
GMX ENA/USD [ETH-USDC]
Kraken Futures PF_ENAUSD
BloFin ENA-USDT
Lighter ENA
Reya ENARUSDPERP