ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0282%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h −0.029%

Price spread now: Kraken Futures against gTrade (Gains Network)+0.019%7-day average — · 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−$364as in the Price arb table

costs, in and out, $10k−$3663.657% of the position

Long on gTrade (Gains Network)Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ENA/USD	0.2110	L +0.0004% / S −0.0004%	pay 0.0000% / 1h	12m 15s	$82K	—	150x
Short	Kraken Futures PF_ENAUSD	0.2111	0.0285	get 0.0036% / 1h	12m 15s	$2.7M	$4.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Kraken FuturesbpOrdersPrice spread, now +0.019%Rate

Funding earned: $59.18
Price spread: +0.019% → 0.000%: $1.89
Slippage, 4 orders: −$345.69
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$304.62
Costs to cover: 3.657%
Break-even: 43.0 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 87 min ago; Kraken Futures: 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 gTrade (Gains Network) virtual book (oracle venue), 87 min ago	130.03 bp	186.1 bp −$186	1556.6 bp −$15.6K	15424.9 bp −$1.54M	doesn't fit
Sell Kraken Futures live order book, 2 min ago	11.32 bp	26.1 bp −$26	30.9 bp −$309	129.1 bp −$12.9K	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	−0.0032%	4h	0.2108	−0.116%	$44K	$26K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2111	+0.040%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2110	−0.040%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USDlong	L +0.0004% / S −0.0004%	1h	0.2110	long leg	$82K	—	150x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.614%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2111	+0.026%	$55K	$498K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2112	+0.052%	$663K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2113	+0.140%	$113.8M	$71.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2113	+0.138%	$1.5M	$3.0M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2114	+0.189%	$413K	$506K	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	0.2110	−0.025%	$129.2M	$418.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2109	−0.045%	$86.3M	$175.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2109	−0.054%	$20.7M	$102.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2125	+0.670%	$19K	$351K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2113	+0.121%	$78K	$275K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2120	+0.453%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2111	+0.012%	$11.1M	$21.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2110	+0.002%	$45.9M	$42.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2113	+0.126%	$24.6M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2108	−0.130%	$48.0M	$57.5M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2111	+0.031%	—	$32.2M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2118	+0.348%	$375K	$363K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2124	+0.625%	$3.4M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2125	+0.708%	$245K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2125	+0.709%	$358K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2126	+0.737%	$22K	$652K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2111	+0.045%	$193K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2059	−2.457%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2109	−0.069%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2114	+0.159%	$276K	$780K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2109	−0.069%	$1.8M	$8.8M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2112	+0.078%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2109	−0.088%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2108	−0.106%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2119	+0.396%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0253% / S −0.0213%	1h	0.2111	+0.012%	$51K	—	100x	as long as short
Kraken Futures PF_ENAUSDshort	+0.0285%	1h	0.2111	+0.019%	$2.7M	$4.3M	50x
dYdX ENA-USD	+0.0314%	1h	0.2114	+0.173%	$140K	$15K	5x	as long as short
Lighter ENA	+0.0328%	1h	0.2116	+0.263%	$5.3M	$13.9M	10x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2118	+0.367%	$5.6M	$3.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2110	−0.018%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2116	+0.244%	$833K	$1.5M	50x	as long as short