ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.006%

Price spread now: HTX against Gate−0.237%7-day average +0.111% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$990.986% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)+0.380%+$38 · spread now −0.237%, 7d avg +0.111%

Together, before fees+0.406%+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.348% cheaper against Gate than usual: you would sell low and buy high (spread −0.237% now, against its 7-day average of +0.111%). If the spread goes back, that is −$35 on $10k: about 2 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENA_USDT	0.2152	0.0082	pay 0.0041% / 4h	2h 20m	$11.3M	$24.1M	50x
Short	HTX ENA-USDT	0.2147	0.0100	get 0.0050% / 4h	2h 20m	$270K	$795K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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 GatebpFee HTXbpOrdersPrice spread, now −0.237%Rate

Funding earned: $3.78
Price spread: −0.237% → +0.111%: −$34.78
Slippage, 4 orders: −$71.64
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$129.64
Costs to cover: 0.986%
Break-even: 247.1 days

Slippage from Gate: live order book, 3 min ago; HTX: live order book, 53 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 Gate live order book, 3 min ago	4.95 bp	14.1 bp −$14	29.4 bp −$294	54.1 bp −$5,411	94.5 bp −$47.2K
Sell HTX live order book, 53 min ago	25.82 bp	36.0 bp −$36	doesn't fit	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
Orderly PERP_ENA_USDC	−0.0139%	4h	0.2141	−0.511%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2142	−0.469%	$69K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2140	−0.538%	$83K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−1.315%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0048%	1h	0.2153	+0.079%	$4K	$277	10x	as long as short
Gate ENA_USDTlong	+0.0082%	4h	0.2152	long leg	$11.3M	$24.1M	50x
Popdex ENAUSDT	+0.0096%	1h	0.2153	+0.060%	$59K	$468K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2152	+0.002%	$48K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2144	−0.360%	$664K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2150	−0.084%	$116.7M	$74.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2154	+0.087%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2151	−0.022%	$404K	$525K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2152	+0.023%	$130.5M	$420.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2152	+0.037%	$86.8M	$176.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2152	+0.033%	$21.5M	$106.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2149	−0.121%	$21K	$328K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2153	+0.060%	$80K	$278K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2153	+0.051%	$47.1M	$41.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2150	−0.098%	$25.1M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2152	+0.009%	$49.0M	$58.2M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2153	+0.051%	—	$31.2M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2139	−0.568%	$3.1M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2121	−1.408%	$243K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2126	−1.194%	$356K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2127	−1.148%	$19K	$651K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2146	−0.283%	$190K	$2.5M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2088	−2.965%	$1K	$876K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2141	−0.497%	$4K	$7K	10x	as long as short
HTX ENA-USDTshort	+0.0100%	4h	0.2147	−0.237%	$270K	$795K	50x
Phemex ENAUSDT	+0.0100%	4h	0.2141	−0.497%	$1.8M	$8.9M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2132	−0.939%	$94K	−$0	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2152	+0.025%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2141	−0.502%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0153%	1h	0.2103	−2.249%	$8K	$278K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0161%	1h	0.2141	−0.499%	$2.6M	$4.3M	50x	as long as short
Lighter ENA	+0.0256%	1h	0.2151	−0.033%	$5.3M	$13.1M	10x	as long as short
dYdX ENA-USD	+0.0265%	1h	0.2151	−0.055%	$142K	$16K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0308% / S −0.0753%	1h	0.2140	−0.538%	$59K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2141	−0.502%	$5.5M	$3.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2143	−0.407%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0616%	1h	0.2141	−0.483%	$360K	$401K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0704%	1h	0.2144	−0.344%	$878K	$1.7M	50x	as long as short