ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0548%/8h= −60.0% APRnext payment −$0.69 per $10,000 · paid last 24h −0.136%

Price spread now: Nado against Coinbase International+0.077%7-day average −0.156% · 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−$30as in the Price arb table

costs, in and out, $10k−$540.536% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.336%−$34 on $10k

Price spread, last 3 days (all we have)−0.239%−$24 · spread now +0.077%, 7d avg −0.156%

Together, before fees−0.576%+ Points / potential airdropNado: Active · farm board−$58 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.233% dearer against Coinbase International than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.156%): +$23 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ENA-PERP-INTX	0.2123	0.0648	pay 0.0081% / 1h	50m 48s	$834K	$1.7M	50x
Short	Nado ENA-PERP	0.2125	0.0100	get 0.0012% / 1h	50m 48s	$700K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.077%Rate

Funding earned: −$115.08
Price spread: +0.077% → −0.156%: $23.29
Slippage, 4 orders: −$36.64
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$145.43
Costs to cover: 0.536%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; Nado: live order book, 3 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, 3 min ago	9.17 bp	19.6 bp −$20	30.5 bp −$305	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	1.18 bp	8.2 bp −$8	23.9 bp −$239	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	0.2127	+0.174%	$79K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2126	+0.124%	$91K	—	150x	as long as short
01 Exchange ENAUSD	+0.0016%	1h	0.2125	+0.108%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.024%	$522	$57K	5.5x	as long as short
Orderly PERP_ENA_USDC	+0.0037%	4h	0.2126	+0.132%	$41K	$23K	10x	as long as short
dYdX ENA-USD	+0.0040%	1h	0.2126	+0.165%	$140K	$15K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2125	+0.099%	$53K	$526K	50x	as long as short
Nado ENA-PERPshort	+0.0100%	1h	0.2125	+0.077%	$700K	$1.8M	10x
Aster ENAUSDT	+0.0100%	4h	0.2129	+0.276%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2127	+0.217%	$418K	$548K	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	0.2128	+0.217%	$132.4M	$444.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2127	+0.207%	$87.2M	$186.7M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2128	+0.236%	$21.1M	$109.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2124	+0.075%	$17K	$408K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2129	+0.287%	$116K	$253K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2127	+0.209%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2126	+0.137%	$10.8M	$20.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2128	+0.226%	$44.9M	$43.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2128	+0.240%	$24.5M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2126	+0.160%	$48.2M	$61.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2127	+0.212%	—	$32.7M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2127	+0.203%	$368K	$383K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2125	+0.109%	$3.8M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2121	−0.088%	$244K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2124	+0.058%	$356K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2126	+0.146%	$32K	$689K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2126	+0.155%	$179K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2074	−2.327%	$1K	$843K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2126	+0.146%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2129	+0.287%	$275K	$1.0M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2127	+0.193%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2128	+0.231%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2126	+0.131%	$74K	$4K	3x	as long as short
Lighter ENA	+0.0176%	1h	0.2129	+0.297%	$5.5M	$13.6M	10x	as long as short
Phoenix ENA	+0.0188%	1h	0.2116	−0.316%	$7K	$351K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0251%	1h	0.2127	+0.212%	$2.7M	$5.0M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2126	+0.139%	$51K	—	100x	as long as short
Extended ENA-USD	+0.0312%	1h	0.2126	+0.147%	$1.6M	$4.1M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2127	+0.184%	$5.7M	$2.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2125	+0.090%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0520%	1h	0.2130	+0.330%	$114.7M	$74.3M	10x	as long as short
Coinbase International ENA-PERP-INTXlong	+0.0648%	1h	0.2123	long leg	$834K	$1.7M	50x