Funding you earn now, next payment 23:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.005%
Price spread now: Bybit against Extended−0.024%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.024%, 7d avg −0.002%
=Together, before fees−0.121%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.022% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% 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 | Extended ENA-USD | 0.2092 | 0.0328 | pay 0.0041% / 1h | 17m 27s | $1.6M | $4.1M | 50x |
| Short | Bybit ENAUSDT | 0.2091 | 0.0100 | get 0.0050% / 4h | 1h 17m | $87.0M | $190.7M | 50x |
Extended ENA-USD
Bybit ENAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$47.88
- Price spread: −0.024% → −0.002%
- −$2.17
- Slippage, 4 orders
- −$12.89
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$78.94
- Costs to cover
- 0.289%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; Bybit: live order book, 2 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 Extended live order book, 6 min ago | 0.24 bp | 5.4 bp −$5 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.24 bp | 9.7 bp −$10 | 17.0 bp −$170 | 52.8 bp −$5,276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ENA_USDC | −0.0049% | 4h | 0.2092 | +0.020% | $40K | $24K | 10x | as long as short |
| Backpack ENA_USDC_PERP | −0.0047% | 1h | 0.2094 | +0.091% | $370K | $450K | 5x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2094 | +0.115% | $92K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2092 | +0.025% | $101K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +1.521% | $522 | $57K | 5.5x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0066% | 1h | 0.2095 | +0.150% | $2.6M | $5.5M | 50x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2093 | +0.067% | $61K | $531K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2092 | +0.025% | $47K | $221 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2092 | +0.024% | $658K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2093 | +0.081% | $1.5M | $3.3M | 50x | as long as short |
Orderly PERP_ENA_USDC
Backpack ENA_USDC_PERP
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Kraken Futures PF_ENAUSD
Popdex ENAUSDT
Paradex ENA-USD-PERP
Nado ENA-PERP
Aster ENAUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ENA | +0.0100% | 1h | 0.2094 | +0.091% | $405K | $576K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2092 | +0.038% | $129.1M | $455.4M | 75x | as long as short |
| Bybit ENAUSDTshort | +0.0100% | 4h | 0.2091 | −0.024% | $87.0M | $190.7M | 50x | |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2092 | +0.039% | $20.2M | $111.0M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2095 | +0.149% | $15K | $396K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2094 | +0.115% | $82K | $220K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2095 | +0.148% | $88K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2092 | +0.020% | $10.5M | $21.3M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2092 | +0.029% | $46.4M | $47.0M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2094 | +0.091% | $23.8M | $16.4M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2090 | −0.057% | $47.3M | $64.7M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2092 | +0.005% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2094 | +0.115% | $3.8M | $10.3M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2096 | +0.192% | $249K | $7.8M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2095 | +0.182% | $353K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2095 | +0.163% | $32K | $710K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2092 | +0.043% | $177K | $2.7M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2043 | −2.323% | $1K | $816K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2093 | +0.067% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2103 | +0.560% | $273K | $1.5M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2092 | +0.020% | $1.9M | $9.2M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2092 | +0.020% | $77K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0115% | 1h | 0.2097 | +0.278% | $5K | $356K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0136% | 1h | 0.2094 | +0.129% | $4K | $432 | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0240% / S −0.0412% | 1h | 0.2092 | +0.014% | $38K | — | 100x | as long as short |
| Extended ENA-USDlong | +0.0328% | 1h | 0.2092 | long leg | $1.6M | $4.1M | 50x | |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2096 | +0.206% | $5.5M | $8.0M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2091 | −0.018% | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.0488% | 1h | 0.2096 | +0.216% | $5.6M | $12.9M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0576% | 1h | 0.2098 | +0.302% | $826K | $2.1M | 50x | as long as short |
| Hyperliquid ENA | +0.0580% | 1h | 0.2095 | +0.182% | $110.6M | $78.9M | 10x | as long as short |
| dYdX ENA-USD | +0.1960% | 1h | 0.2093 | +0.054% | $138K | $15K | 5x | as long as short |
Pacifica ENA
Binance 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-USDC
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
Aevo ENA-PERP
Phoenix ENA
01 Exchange ENAUSD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Reya ENARUSDPERP
Lighter ENA
Coinbase International ENA-PERP-INTX
Hyperliquid ENA
dYdX ENA-USD