Settings8H · net · $10k
Funding arb · Price arb /

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.006%
Price spread now: KuCoin against Extended+0.079%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$400.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 7 days−0.094%−$9 · spread now +0.079%, 7d avg +0.033%
Together, before fees−0.207%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.047% dearer against Extended than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.033%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.113% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.21250.0352pay 0.0044% / 1h48m 13s$1.6M$4.2M50x
ShortKuCoin ENAUSDTM0.21260.0100get 0.0050% / 4h48m 13s$24.5M$16.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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

Funding earned
−$52.92
Price spread: +0.079% → +0.033%
$4.66
Slippage, 4 orders
−$22.54
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$87.8
Costs to cover
0.395%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; KuCoin: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 6 min ago0.24 bp5.9 bp −$614.4 bp −$144doesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago2.36 bp12.2 bp −$1233.5 bp −$335doesn't fitdoesn't fit

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ENA_USDC−0.0027%4h0.2124−0.015%$41K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2126+0.042%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2126+0.051%$106K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.062%$522$57K5.5xas long as short
Backpack ENA_USDC_PERP+0.0086%1h0.2127+0.126%$376K$447K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2126+0.060%$63K$525K50xas long as short
Nado ENA-PERP+0.0100%1h0.2126+0.065%$688K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2127+0.110%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2127+0.086%$412K$567K10xas long as short
Binance ENAUSDT+0.0100%4h0.2125+0.022%$131.3M$455.0M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2126+0.070%$89.1M$190.8M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2127+0.117%$20.6M$112.2M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2128+0.169%$15K$401K5xas long as short
Arcus ENA-USD+0.0100%1h0.2127+0.107%$84K$221K10xas long as short
Bulk ENA-USD+0.0100%1h0.2125+0.036%$90K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2127+0.084%$10.9M$21.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2127+0.093%$47.0M$45.4M200xas long as short
KuCoin ENAUSDTMshort+0.0100%4h0.2126+0.079%$24.5M$16.3M75x
Bitget ENAUSDT+0.0100%4h0.2125+0.013%$48.2M$64.7M75xas long as short
BingX ENA-USDT+0.0100%4h0.2127+0.089%$32.6Mas long as short
Variational Omni ENA+0.0100%4h0.2124−0.039%$3.9M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2124−0.030%$253K$7.7M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2124−0.016%$354K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2124−0.034%$32K$711K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2126+0.065%$179K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2074−2.387%$1K$823K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2125+0.013%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2132+0.352%$276K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2124−0.034%$2.0M$9.2M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2126+0.056%$48K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2125+0.011%$78K$11K3xas long as short
01 Exchange ENAUSD+0.0176%1h0.2128+0.136%$4K$30210xas long as short
Phoenix ENA+0.0189%1h0.2125+0.027%$6K$347K10xas long as short
Kraken Futures PF_ENAUSD+0.0240%1h0.2127+0.113%$2.7M$5.5M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2126+0.038%$38K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2128+0.145%$5.6M$7.4M75xas long as short
Extended ENA-USDlong+0.0352%1h0.2125long leg$1.6M$4.2M50x
Reya ENARUSDPERP+0.0412%1h0.2125+0.033%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0552%1h0.2135+0.460%$843K$2.1M50xas long as short
Lighter ENA+0.0640%1h0.2129+0.178%$5.7M$12.8M10xas long as short
Hyperliquid ENA+0.0839%1h0.2131+0.286%$114.5M$78.9M10xas long as short
dYdX ENA-USD+0.1740%1h0.2127+0.093%$140K$15K5xas long as short